How can I invest in the stock market?

[The Truth]

1. Where ever you buy your stock, they will want your Social Security number, for tax purposes.

2.. You need to get a bank account. I don't think brokers take cash. Plus if you use an online broker, you will need a bank account anyway to transfer money to your stock account.

3. Know that any profit you make is subject to be taxed after you sell your stock. Plus, any time you buy or sale, somebody gets a fee.

4. You need to find a brokerage firm. Either a real live stock broker, or an online company. These are the people that take the fees.

5. Some brokers require a minimum investment of like $1000 or $2000, so you need to find a person or online broker that doesn't require minimums.

If you buy online, be sure to find a company that charges lower fees for each trade. I bought $15.00 worth of stock yesterday and got charged a $10 fee to buy it. That sucked. But, the online place I'm using is supposed to give me $25 in a few weeks for opening an account. I figured I would get my money back like that, or I wouldn't have used that company.

I think you should try it. Study hard about the company you want to buy stock in. See what the stocks high was over the last 2 years. If it was a lot higher, then there is a chance that it will go back up, when the stock market gets better. Just make sure that the company isn't about to go bankrupt.

You can use yahoo to build a portfolio and watch the stock market. They even follow it live. Also, yahoo will help you find out about the company. They have a list of recent articles about what is going on with a company. Also, you find find out what the company makes and what kind of profits they make.

go to my yahoo, click on Add content, at the right there will be a list hit all and then click on money, then click on the ADD box stock portfolios , then click on where it says Please visit Yahoo! Finance to create your own portfolio , then click Create new portfolio, then click Track a symbol watch list
Now you are ready to start building and watching stocks you are interest in.