How do I Get Into buying Stocks Im in Canada?
82872
It is wise for you to consider investing. Until very recently, TD Waterhouse and the other Canadian bank-arm brokerages were charging $20+ per trade. This is wayyyyyy too much.\n\nTD Waterhouse's purchase of Ameritrade Canada has resulted in new $14.99 trades with TD. It goes down to $9.99 if you make more than 150 trades per quarter.\n\nQuestrade and Trade Freedom are companies with lower commissions. They charge for data access and other things though. They are also younger smaller companies.\n\nDon't trade junior Canadian issues. Nothing less than $2. There is an army of Canadian pump and dumpers. The Canadian Venture Exchange is chock full of very suspect companies.\n\nPeople use Canada to distribute shares at the end of their growth. Krispy Kreme, Nortel, Bre-x. Tim Horton's smacks of distribution as well.\n\nThere ARE hundreds of excellent Canadian comapnies. Don't be scared to buy US as well. There are thousands of excellent US companies.
436540
there are mutual funds with small initial investments. $500 for example. Some even less. That is a good way to start. I have included a link through Yahoo finance showing funds of that nature that are rated better than average by Moringstar. Yahoo sometimes does not provide correct information so you need to use this as a starting point and research a little furture. \n\nAnother way is to open an on line brokerage account and buy shares directly in good solid companies that have a good track record and pay dividend that have tended to increase over time, such as BAC, for example. But that is more risky without having at at least 5 and preferably 10 different stocks in your portfolio to reduce the risk of a piece of bad news causing disaster. You also have the option of buying exchange traded index funds. That is an inexpensive method to participate in general market trends. I personally do not like the idea, but a lot of people do.
500949
I would suggest you open an account with an online broker like Ameritrade or Scottrade.  I suggest you go to your local library and see if they have the Value Line Investment Survey.  If they do, an new issue comes out weekly.  Value Line rates stocks based on timeliness (what are they expected to do over the next year), safety (the level of risk for the stock) and technical.  I use it to do my own research on stocks.  \n\nI found that I had to be an investor rather than a trader.  The difference to me is that I don't have the nerve to day trade.   By investing I don't get so caught up in the day to day of the market and I focus on the companies that I have stock in or am thinking about buying.\n\nIt works for me
69628
Stocks represent ownership in a corporation.  When a company goes public, they sell shares to the general public thru an underwriter who sells the shares to large clients.  Once these large clients have the stocks any individual can buy or sell these stocks in the open market -- once you have access to the market.\n\nTo get access to the market you need to open up a brokerage account with an investment company.  If you have never bought or sold stocks before I highly recommend that you get your feet wet with mutual funds first -- reading the prospectuses could provide you with some information about what THEY look for when purchasing stocks and bonds.\n\nThe stock market is the bets place to have your money for the long term, but you really should leave it to the experts -- funds are a great way to diversify, particularly with limited funds.
318491
Well first you need to find a broker. Like ameritrade, scottrade, e-trade, td waterhouse, shwab, ect. \n\nPersonally I use scottrade. only $7 to make a trade unlimited shares, market and limit, no maintenance fees, no inactivity fees or any fees unless you specifically use a service that has a fee, but you will know before you are charged.  \n\nThen once you have contacted a broker and opened an account you can start making trades. The key to success is to make an inversting strategy and follow it. A strategy can be anything, like you might buy stocks between 5-10 dollars, volumes greator than 1 million on a 3 month avg, that have recently had management changes. You then take that list of companies and choose the best one/s. You may also want to diversify by buying companies with negative correlations to decrease risk. But you can do what ever you want.\n\nFor more information call scottrade they have people sitting around that can answer any question you have about investing, even if you don't have an account.
579095
You can't buy stocks that are listed on an exchange without going through a broker.  Those are the rules.  Big brokerage companies don't rip you off anyway so don't worry.\n\nCheck with a US broker - I'm sure some of them must allow you to trade on the TSE from the US.  Alternatively you might consider buying a Canadian ETF (exchange traded fund) - www.fidelity.com sells them.
565821
Yes, just set up a brokerage account on-line or in person.  Try E-Trade or something similar.   You can do it!
17606
Assuming you live in the US investing in the share (stock) market is as simple as:\n1. Opening a brokerage account with one of the brokerage firms such as Wells Fargo, TD WaterHouse, Ameriprise with a deposit of say $1000 and start buying and selling shares online.\n2. Initially you could buy shares upto your deposit amount\n3. As you build assets you will be eligible to borrow against your assets and buy stocks on margin even if you don't have cash in the account. This is a risky strategy and should be employed by experienced investors
102174
Yes (Just open an account in ameritrade.com)
298108
Start investing in the stock market.  I have listed below a link to a really interesting article that can say it much better then I can.  It is a great way to start out with little or no money and not pay big commissions to brokers.\n\nI used this program and have done really well over the last two years.  Started with little money, added little money and learned discipline and a lot about the stock market.  I now teach others to do the same.  \n\nDon't have that $100 bucks to get started?  I bet you do if you just change the way you spend money.  Will include a link to the online broker that I used to start my savings.  I also went ahead and opened a credit card through the Sharebuilder website.  The credit card has a 0% APR on opening transfers and pays you 1% cash back that you can use to purchase Stocks with in your Sharebuilder plan.  If you pay your balance every month (which is the only way that you should use credit), then this is FREE money. \n\nIf you have a Bank of America Checking account they have started a plan that is called "Keep the Change."  With this plan, once you have opened a savings account with $100, they round up all your purchases.  If you buy something for $1.25 with your debit card, they will withdrawal $.75 (rounded up to $2.00) from your checking account and deposit it into your savings account.  After the first three months of doing this, they then will match your money dollar for dollar, 100%.  Then after the first year, they will match your round ups at a 5% rate.  The account only pays .5% APR, but the 100% matching for the first three months is FREE money. \n\nThat is a 100% return on your deposits (round ups) for the first three months.  \n\nIf you don't have a BOA account then try looking online for a good paying Money Market Fund (MMF).  Some have balance requirements, some don't.  The better rates out there as of today are running about 4.25% or higher.  Watch for fees, compounding methods and other charges before you consider purchasing a MMF.  \n\nGood luck and start saving today!  \n\nToo many Americans don't save enough money.  Instead, they look for the lowest payment on that purchase.  You should ask yourself, do I want to pay myself first (saving money) and purchase something for cash or retire with style or do I want to always be in debt paying others interest.  Don't you deserve the interest more then the lender?  I think you do.  \n\nI don't work for any of the above mentioned ways to save.  I do hold accounts (Individual Roth IRA, Individual investing plan, Individual trading account, MMF and a Visa Card through Bank One attained after opening my account with Sharebuilder.) with Sharebuilder.  I have no other interest in Sharebuilder.  I do have a bank account at Bank of America, both checking and savings (opened with $100.00 deposit), but own no stock or other interest in the company.  I am not affiliated with MSN in any way or form and do not own any company stock.  Investments may loose money and in many cases are not FDIC insured.  Any investment should be after careful consideration by the investor before investing.  Your results may very.  (think that covers the Brochure law.)\n\nGood luck and let me know how you do.
53924
Brokerage minimums vary...but Scottrade is $500 to open an account. Check out sharebuilder.com too if you want to buy small chunks..they have plans where you can invest X amount each month into a specific stock.\n\nAlso, some companies allow you to buy stock directly from them. Usually, it's a $250 or so min. Check out the website of a company you are thinking of investing in and look at their investors link. You can also go to www.equiserve.com (they manage direct stock purchase plans for hundreds of companies).\n\nAvoid cheap stocks < $10. They are cheap for a reason and usually of bad quality... Your money is better spent on high quality stocks....especially if it's your first purchase. "expensive" is relative.
284557
Yes.\nJust open an account in ameritrade.com
374380
Open an account with brokerage company, and buy all the shares you like.
600379
First, how you buying and selling stocks? Where are they being traded? And may I ask what type of stocks are they. First thing I tell anyone who wants to do this, is three things. Research, research, research. If you really want to do the best without a broker (and good luck to you) you will need to do a lot of research in the stock you want to buy. It can be very complex and require more than a five minute conversation. Know of any stockbroker wannabe's?
872851
You can buy your wholesale stock from any of the links here: \n\nUSA Wholesalers/Dropshippers: http://usatrade.url40.net\nCanada Wholesalers/Dropshippers: http://cndatrade.url40.net\nUK Wholesalers/Dropshippers: http://uktrade.url40.net\nFor all other countries: http://worldwide.url40.net\n\nHope this helps you
335725
Could you start with the current company and work your way back?\nIs CGI a communications group? If so go to yahoo.ca for Canada, and key in the ticker symbol CGI. You will have to determine the formal name of the company. At least trace the receipt of sale you have back to the originator. Perhaps the new owners have records of the previous company. Like the previous answer see how far back the price history is in Yahoo. Perhaps reveunue departments have trade records also. Good Luck
355371
If you go to www.stingyinvestor.com, you might have some luck finding what you are looking for. Have you tried www.etrade.ca? I have found it difficult to get a US broker - I need a US address and a Social Security #. I guess I'm out of luck!\n\nGood luck to you.