Common Stocks Traded Via NASDAQ
Surprisingly there are some very popular companies who have their stocks traded on NASDAQ. These companies include Apple, Microsoft, Aflac Incorporated, Amazon.com, Inc. and others. These names are common to many people whether they invest or not. New investors are often confused and some may wonder if they can buy NASDAQ stocks and how do they go about it? It really sounds more frightening than it is.
There are some things that those who are considering investing for the first time need to understand, so here are some tips:
Contacting a stock broker - First time investors will want to contact a stock broker for assistance in placing trades. It is a good idea for them to verify the standing of the broker as well as their firms before they open an account. This may be done through the Securities and Exchange Commission (SEC) by using the free tools that are provided;
Understanding losses - Investments of all types carry risks. Regardless of how large or well known a company is, stock prices fluctuate and investors may lose all or part of the money they invested;
Opening an investment account - Regardless of whether an investor is interested in a DRIP account or opening a traditional brokerage account, there may be minimum investments. Be sure to ask the stock broker prior to making an investment decision. Stock brokers will ask for financial information from investors to determine how much risk is appropriate. Stock brokers also charge fees in the form of commissions.