Examples to Start With:
- Large, stable companies (“blue chips”) like Apple (AAPL), Microsoft (MSFT), Coca-Cola (KO), or Johnson & Johnson (JNJ).
- Beginner-friendly ETFs like S&P 500 ETFs (VOO, SPY) if you want instant diversification.
Where to Buy:
- Robinhood, Webull, M1 Finance — all offer free stock trades.
- Fidelity or Charles Schwab for beginner-friendly tools and research.
Key Considerations:
- Commission fees (most are $0 now).
- Minimum purchase is the share price, unless you buy fractional shares.
- Taxes on capital gains when you sell for profit.
Starting Amount:
- $50–$500 is fine to get started with fractional shares.
- Focus on learning how buying/selling works.
Goals:
- Build familiarity with how the stock market works.
- Start small; focus on learning, not big returns yet.
- Hold long-term; avoid day-trading early on.
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