We have a large amount of information on our fool.com that you can use to get started. The first step is going to be setting up a brokerage account. By clicking here, you will find a comparison chart of some of the most popular online brokerage companies.
After successfully setting up an account with a broker, you're ready to get started investing.
The key to becoming a successful investor is understanding the importance of timeline and temperament. Here at The Motley Fool, we prefer to weather market fluctuations by buying great companies and holding them for the long term.
What stock do you start with?
It all depends on your interests, your style, and your timeline. We recommend finding a company that you know something about. This should be a company you find yourself confident in. Do some research, but don’t go overboard in your analysis.
Once you’ve bought that first share, follow it, get to know it, read the quarterly earnings releases, listen to the conference calls, and see how the stock’s daily fluctuations affect you.
Ultimately, we think everyone should own at least 15 stocks to reduce your risk and increase your odds for success.
We have compiled a step-by-step guide to investing to help you meet your financial goals.