Why Invest in Stocks Directly?
In This Chapter
• What are DRIPs and DSPs?
• Investing automatically
• Using IRAs
• Tax traps
• Dealing with investment fears
You might think stock investing is only the domain of people with lots of money to invest. Those big players include the wealthiest people, who can afford to hire expensive brokers to manage a portfolio of common stocks. You’re not in that league, so you think stock investing is out of your reach.
Think again. We’ll show you how—with as little as $10 to spare—you can begin to set aside money to buy shares of stock in companies like IBM, Sears Roebuck, Rubbermaid, Coca-Cola, AT&T, McDonald’s, or Xerox. With persistence and patience, over time you can invest on a regular basis ...