Archive for the ‘books’ tag
on line stock trading
on line stock trading
What is the smallest amount of stock you can buy on nonmutual stock through a site like fidelity.com -1 share?
I am new to buying and trading stock on line. I just want to try and put a small amount down on something but don’t have tons of money. Using the site fidelity.com, what is the smallest amount of stock that can be bought for an independent purchase (non mutual fund buy)? Can you always buy as small as 1 share at any time? For instance, if a share cost about 105.50, can you usually go in and just buy one share?
You can always buy as few shares as you want. The problem is that those great prices brokers always advertise are only for when you buy 100 shares of a stock minimum. There is a different fee (much higher) for when you buy just one.
Another way to do that is directly from companies but again you will have sticker shock on the transaction charges http://www.kiplinger.com/columns/drt/archive/2003/dt030619.html?section=&department=%E2%8A%82_department=