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Anyone here buy stocks?

Thread in 'Finance / Investing' started by Lazarus, Feb 7, 2017.

  1. Lazarus

    Lazarus The Hen that laid the Golden Legos

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    Without going to a broker how do you buy stock? Say I wanted to buy $1000 worth of Ruger stock what do I do? What company do I go with? Is it like opening a checking account where you transfer money in and then pick what you want to buy and how much?
     
  2. kdonnel

    kdonnel Hunter

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    You will need to go to a broker either in person or online. I have used Wells Fargo in person and TD Ameritrade online. It works much like you described if you use a discount online broker.
     
  3. Glockspeed31

    Glockspeed31 ODT Junkie!

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    Yeah, kind of like opening a checking account and you pull from that money deposited. I use Fidelity, $7.95 a trade. I think they have a special that you get no fees on your 1st transaction, upto so many shares. I use the app and desktop to do all my trades. Pretty easy to use.
     
  4. TresMonos

    TresMonos The Hen that laid the Golden Legos Supporter

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    Stocks? Hellz Yeah, I just bought some for the wife.....

    maxresdefault.jpg
     
    jeff1012, stihl73, bdill and 18 others like this.
  5. Lazarus

    Lazarus The Hen that laid the Golden Legos

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    Fidelity handles my 401k. It might be easier to use them. I'll have to check out everyones fees.
     
  6. 500mag

    500mag FREE MEN DO NOT ASK PERMISSION TO BEAR ARMS Supporter

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    At these levels? Are you kidding me? Stocks are more overvalued now than any time in history. For example, the S&P has risen 75% since 1.1.12. In that same time frame, S&P earnings have risen 2%. Do yourself a favor and buy physical PMs, while they are still beaten down.
     
  7. 500mag

    500mag FREE MEN DO NOT ASK PERMISSION TO BEAR ARMS Supporter

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    Also, the time to buy gunmaker stocks was during the Obummer reign - he is the greatest gun salesman of all time.
     
    crowbusterL579, bikeboy636 and Zeake like this.
  8. albatros43

    albatros43 Jackwagon Supporter

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    Yeah, I thought the same thing when the DOW was at 17,500. Been sitting on the sidelines since then like an idiot.
     
    CQB27, x75, fast306stang and 2 others like this.
  9. Lazarus

    Lazarus The Hen that laid the Golden Legos

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    I was just using them as an example.
     
  10. Lazarus

    Lazarus The Hen that laid the Golden Legos

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    What are PMs?
     
    bdill and WinstonSmith like this.