Want to try investing in the stock market, but how do you actually go about buying and selling stocks?
Well, there are two main ways you can go about trading stocks.
The first method is to work with a financial adviser or salesperson that is registered in the country of stock origin. Based on his training, knowledge of the various available stocks and the quality of research his firm and other firms may do on companies, the salesperson should be able to recommend stocks that meet your objectives. He must work for a company that is also registered as an investment dealer and the firm must be also being registered.
The second method is to go directly to a company registered as an investment dealer instead of going to a registered salesperson for advice first. Many people have self-directed accounts at discount brokerages and manage their own portfolios. But you need to be pretty savvy to be able to sift through all the information that’s available out there on various investments and then decide where to invest your money.
Whether you deal with a salesperson at a dealer, or buy and sell online or over the phone, there are some key decisions you have to make with respect to making your trade orders.
The price of stocks and bonds can change from second to second throughout the day, depending on how much investors are willing to pay for them. Both the amounts you pay for them and make back when you sell later on can depend on how quickly your order is processed, or what instructions you give your dealer to handle your order.