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How do you begin to invest in stocks? Do you need a special bank acct to get started or something?

Just wondering what it takes to get started investing in Stocks. Is the money being transferred in and out of a bank acct or something. I don't know anything about stocks so I am just wanting to check it out.

Public Comments

1. Before you invest a cent, read up everything you can. Investopedia has a good tutorial on stock investing for beginners at http://www.investopedia.com/university/buildingblocks.asp. It also has a stock simulator, so you can get a feel for stock trading without committing any real money at http://simulator.investopedia.com/ Once you feel ready to invest for real you will need an account at a brokerage, which you can link to your bank account to transfer funds between the two.
2. You need a stock broker. Check http://www.stockpickguide.com/article/stock_broker.php
3. Yulianto, what are you talking about? There's no need for a stockbroker. Yes, you do need to have a special account. It's not a bank account. It's an account at a brokerage firm like Scottrade. I mention Scottrade, because it's one of the best. They have no hidden fees and their commissions are very low. When you sign up, you have to deposit $500 into your new account, and then they'll give you an account number and a password. You'll be able to check your balance and stocks online anytime anywhere. And you can also buy or sell stocks online. (It costs $7 to buy or sell a stock.) There is no need to call a broker. Just go online and buy whatever stock you want. Once you get a little experience, it's quite easy. I don't want to scare you, but if you don't know what you are doing, then you could lose some or all your money. It cost me $1700 to get some experience and learn the basics. That's how much I lost because I bought the wrong stock and sold it at the worst time and did everything imaginable wrong! It was an expensive lesson to me, and I am glad I didn't have more money, because I would have lost it. Paul M is right. LEARN BEFORE YOU INVEST. ;-) Here is a book I recommend for you to read: How to Make Money in Stocks: A Winning System in Good Times or Bad by William J. O'Neil http://www.amazon.com/How-Make-Money-Stocks-Winning/dp/0070480176 You'll probably find this book in your local library!
4. try your cpa that prepares your taxes