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Elaine Scott - Stocks And Bonds Profits And Losses - A Quick Look At Financial Markets 1985_7

Tham khảo tài liệu 'elaine scott - stocks and bonds profits and losses - a quick look at financial markets 1985_7', tài chính - ngân hàng, đầu tư chứng khoán phục vụ nhu cầu học tập, nghiên cứu và làm việc hiệu quả | To Market to Market to Buy a Fat Pig 5 Buying and Selling on the Exchanges 53 D JuJy now you might be interested in buying some stock of your own but you might be wondering exactly how it s done. Purchasing stock may seem forbidding to the first-time investor but it really is a rather simple procedure. Perhaps you are interested in widgets and you have noticed lately that the Ferdis Widgets company seems to be getting a lot of attention. Those widgets are almost as popular as the Cabbage Patch Kids were during Christmas of 1983 You decide therefore to take the 1 000 that Great-Aunt Hildegard left you and invest it in widgets. So you call your broker and place an order for a round lot of Fer-dis Widgets stock which you notice from reading the listings in the newspaper is selling for 10 a share. Although all stocks are listed in multiples of 100 shares a round lot you are not obligated to buy 100 shares. You may choose to buy an odd lot amount anything from 1 share to 99 shares. You will be charged a small additional fee in addition to your broker s commmission when you buy or sell odd lots of stock. You tell your broker that you are willing to pay 55