Mar

31

How do you invest in the stock market on your own without a broker?

Filed Under Investing 

stock market
help asked:


How do you invest in the stock market on your own without a broker?I want to Invest but I don’t want to pay a broker.

SON

Comments

6 Responses to “How do you invest in the stock market on your own without a broker?”

  1. doughboy742 on March 31st, 2009 7:28 pm

    There are companies that will allow you to invest directly into their company. They are usually larger companies (blue-chip, large-cap), and require an initial investment (anywhere from $100-$1000).

    See my sources to find a listing of these Direct Purchase Plan companies.

    Good investing!

  2. adam k on April 3rd, 2009 6:14 am

    Investing is a risky undertaking. Remember, you’re giving your cash in return for a piece of paper that could easily turn out to be worthless or an empty promise.
    For a small retail investor the cost of a discount broker is money well spent. Besides I don’t think that you could buy equities without going through a stockbroker. They are licenced to buy & sell stocks. Even when you deal with a broker you should find out exactly what you’ll be getting for your money to avoid disappointments later.
    Doughboy talks about companies where you can invest directly; I think what these companies allow you to do is to reinvest dividends but I think you must do it through a broker. It’s called DRIP (Dividend Re Investing Plan)

  3. BAL on April 5th, 2009 11:42 pm

    For a small investor, you would have to buy mutual funds directly from the mutual fund company or purchase stocks directly from a corporation that has registered shares for sale to the public (a number of companies do this, ExxonMobil, Proctor and Gamble among them).

  4. Frank Castle on April 9th, 2009 11:34 am

    Zecco is FREE!

  5. joviyoo86 on April 11th, 2009 3:21 pm

    Have a look for article : 10 Simple Tips To Help You To Be Successful At Stock Investing

  6. Collin L on April 11th, 2009 9:46 pm

    You should first try investing in smaller organizations, to learn how to invest properly so that you have minimum risk, and maximum experience for when you try investing in stocks.