How to buy stocks – Forbes Advisor

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations.

Whether you’re trying to build an investing empire on individual stocks, hoping to get ahead of the next r/wallstreetbets GameStop-style run or just looking to play around with stocks for fun, it’s easier to get started than you think. These are the five steps you need to take.

1. Open an Online Brokerage Account

The first step to buying individual stocks is opening a brokerage account. Think of it as a specialized bank account for your investments. Unlike your checking account, a brokerage account allows you to convert your cash into various investments like…

Source link