I would open an account at sharebulder.com. You could also use etrade, ameritrade, or scotttrade but I think share builder would be better for you.
Making money off of a stock is made through price appreciation and or dividends. Warren B's Berkshire Hathaway has never paid a dividend yet the price per share has grown from around 8,000 per share in the 80's to over 118,000 per share. But most money making companies pay a quarterly dividend which if I were you, I would have reinvested quarterly to buy more of whatever stock you like unless you needed the quarterly dividends for income.
Making money off of a stock is made through price appreciation and or dividends. Warren B's Berkshire Hathaway has never paid a dividend yet the price per share has grown from around 8,000 per share in the 80's to over 118,000 per share. But most money making companies pay a quarterly dividend which if I were you, I would have reinvested quarterly to buy more of whatever stock you like unless you needed the quarterly dividends for income.
Yea, sharebuilder has a drip program where you can pay $5 dollars a month and buy a fraction of however many different companies you want.
Say if you only have $200 for the month, you can put $10 on 20 different stocks and only get charged one trade.
Another good thing about it is if you want something like apple or google which is almost 500 a share you can buy a fraction of one share.
The program also auto reinvest the divs
Say if you only have $200 for the month, you can put $10 on 20 different stocks and only get charged one trade.
Another good thing about it is if you want something like apple or google which is almost 500 a share you can buy a fraction of one share.
The program also auto reinvest the divs
Awesome soon as I get my debt paid off and the family vacation out of the way I plan on applying about 3 grand a month to investing. I was thinking 1 grand in PM and the other 2 in stock. With another 2 grand going into a savings account for vacations, motorcycles, new boobs for the wife, ect.
