Start with a small investment so you can see how everything works. How to do this: Pick a company whose products you use and you believe are of good quality. Buy 10 shares. Watch what happens for a while.
That won’t get you rich, but you shouldn’t be investing more than that until you are comfortable with how stock trading works.
If you must invest more than that now, you could invest in SPY (the S&P 500 index tracker, an exchange-traded fund or “ETF”). This will move with the overall stock market, not an individual company. But follow others’ advice too: don’t invest more than you can afford to lose.
Finally, use an online broker like TD Ameritrade, Schwab, etc. (but I don’t recommend etrade).
Start with a small investment so you can see how everything works. How to do this: Pick a company whose products you use and you believe are of good quality. Buy 10 shares. Watch what happens for a while.
That won’t get you rich, but you shouldn’t be investing more than that until you are comfortable with how stock trading works.
If you must invest more than that now, you could invest in SPY (the S&P 500 index tracker, an exchange-traded fund or “ETF”). This will move with the overall stock market, not an individual company. But follow others’ advice too: don’t invest more than you can afford to lose.
Finally, use an online broker like TD Ameritrade, Schwab, etc. (but I don’t recommend etrade).
Good luck.