noob investor: how do i buy some stock?

sniperruff

Lifer
Apr 17, 2002
11,644
2
0
was looking at fool.com and walmart looks like it hits a new low... wondering what website i can buy some shares from? what is the best site to start? i've never invested before.
 

Carbo

Diamond Member
Aug 6, 2000
5,275
11
81
Send me the money and I will invest in for you. In fact, wire it now because I'm heading to WalMart in a bit.
 

alien42

Lifer
Nov 28, 2004
12,863
3,295
136
if big stocks like wal-mart are all you are interested in then use something cheap like scottrade.

i would also say that buying wal-mart is not such a great idea. gas prices are high and the us dollar is weak which equals a lot less money for wal-mart.
 

suse920

Diamond Member
Feb 7, 2005
6,889
0
0
Just put it into an index for now. Then learn how to manage your money and go from there.
 

alien42

Lifer
Nov 28, 2004
12,863
3,295
136
i will go ahead and say on record that ZENX should double in the next two weeks.

*disclaimer*
i have shares at .22 and .62 (current price = 1.07)
 

SearchMaster

Diamond Member
Jun 6, 2002
7,791
114
106
I think Walmart may offer a DRIP (dividend reinvestment plan), where you can basically invest in them directly (no stockbroker) and all dividends are reinvested into the stock. It's a good way to avoid fees.