Despite the New York Stock Exchange’s notoriety, it was not the first stock exchange in the United States. That distinction belongs to the Philadelphia Stock Exchange, which was founded in 1790. Are you considering becoming a first time investor? Beginner investing can be relatively confusing, so read on to learn some straight forward investment tips.
Stocks are a type of security that gives stockholders a share of ownership in a company. Stocks also are called “equities.” Wondering how to invest stock? There are a few options available.
Some companies allow you to buy or sell their stock directly through them without using a broker. These are referred to as “Direct stock plans”. This saves on commissions, but you may have to pay other fees to the plan. Some require minimum amounts for purchases