January 2014
Beginner
272 pages
5h 54m
English
Content preview from Understanding Stocks 2E, 2nd EditionBecome an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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4
Opening a Brokerage Account
Many of you are eager to get started investing, and in this chapter, I show you how to open a brokerage account. As I said before, opening and funding an account is the fun part. Before you invest real money, however, I suggest that you read the entire book.
And now I’ll take you through the steps of opening a brokerage account.
Step 1: Choose a Brokerage Firm
The first thing you must do is to select a brokerage firm. This is an important decision because if you pick the wrong firm, it can cost money in unnecessary fees, commissions, and poor order fills.
There are three main types of brokerage firms, which I explain in detail.
Online Brokerage Firms
Online brokerage firms, which used to be called discount brokers, ...
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I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.