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Tuesday, June 16, 2009

Stocks Online Tips & Guide

By Anne Durrell

Long ago we used to have to depend on a professional for a lot of things, now the internet gives us freedom to access so many things from the comfort of our home.

In the past, if you wanted to buy stock you had to go to a broker, but now it is just as easy to buy stocks online.

And since you will not be paying that broker's salary through big commission fees, you will make more money for yourself.

The first step how to buy stocks online is to find a website that will provide you with the access to the market and the tools you need to make smart investment choices.

There area a lot of brokerage company online. Since you will share your bank account and credit card information to establish an account, make sure you pick a well known broker to do business with.

Luckily there are quite a few to choose from. Be sure to shop around and find one that offers low fees per trade and does not add on a lot of additional fees, like for falling below a minimum account balance or for closing the account if you should choose to do so.

You may want to look at some analysis tools that your broker has to offer, because this will be very important to your ability to make a decision when it is time to buy or sell stocks online.

It is better to start off slow and simple until you get the hang of the market and its fluctuations.

If you are new to stock market, then a much safer approach for the long run is buying quality stocks which has high value and hold on to them instead of keep trading. - 23223

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