Stock can be said to be the total collection of shares in a company or corporation in the sense that it carries the ownership certificate of a particular company. Stocks trading or stock marketing is a very lucrative business here in USA and virtually everyone wants to engage in stock because of its reasonable benefits. Stocks trading involves the buying and selling of stocks which carry the ownership certificate of a company.
Stocks trading could be confusing or better say complex for beginners because it introduces a beginner to a wide institution that comprises chart analysis, company research, business terms, and the likes. If you are a beginner, this write-up provides detailed information and guide for you. One may buy stocks directly from the company or from a full-service stockbroker but the most convenient way is to buy through online stockbroker. Here are some steps one needs to take. Information Guide Nigeria
Opening A Brokerage Account
Setting up a brokerage account appears to be the first step because it is the funding source. This brokerage account is very synonymous with a bank account which can be opened in a couple of minutes. To open an online brokerage account, you need to complete account application, give a legal means of identification then select a means of funding your brokerage account either by making an electronic transfer or by a check. Once this is done, you can now proceed to the next step which centers on buying stocks.
Choose The Company You Want To Buy Stocks From
In this section, you have to carry out good research before you choose a company to buy stocks from. You need to carry out research on companies that you have known since your days as a consumer and other companies that may come your way as of that moment of research and once you have companies in your mind to buy stocks from, there is another research left to be done.
The next research for you to do is to know the status and how progressive the company is before you pick your stocks. Besides, the company’s annual report will be of great importance because it will enlighten more about the company’s development. Buy Stocks in USA
The Number Of Stocks You Want To Buy
This section is absolutely based on individual perspective and choice but in a real sense, you should not feel reluctant to buy a number of stocks even you may decide to fill your entire portfolio with shares but it is advised to start from small stocks then if you later develop courage and experience, you may buy now buy more depending on your capacity.
With these few steps, you can now start your stock trading and as time goes on, you will move from a beginner to an expert in stock trading business like Warren Buffet. Now that we have discussed the step-by-step guide, let us unveil the necessary requirements one needs to fulfill as a stock trader in USA.
The Necessary Requirements
Though U.S.A stocks and investment securities are regulated by U.S.A law but there are no signed documents that resist non-citizens from investing. Even one could say that U.S.A stock is open for all because it is easy as long as one has opened a brokerage account with a U.S broker.
Apart from this, there are some necessary requirements one needs to meet as a stock trader. Among these necessary requirements are chart analysis, stock order type, price action, supply and demand trading, how the broker website you are using operates, and trade changes. All these ideas are expected to be understood by you because if you don’t have the basic knowledge of these concepts may result in the loss of one’s money in the business. All these ideas are basically required because without them, one may end up losing all money invested.
Since I have practically explained how to conveniently buy stocks in U.S.A in the above paragraphs, let us now proceed to the best 15 places to buy stocks in U.S.A. Paystack Nigeria Job Recruitment 2021(8 Positions)
Amazon is obviously one of the high profile and successful companies around the world and it also has one of the best-performing stocks. Buying fractional shares from Amazon may range around $3,000. Though the price may seem scary to you but be rest assured that it is worthy because, over the past three years, Amazon’s annual revenue doubled. On daily basics, one cannot predict how far Amazon would go and this is the cogent reason why it is best to invest with Amazon. Wema Bank Plc Job Recruitment 2021
Ever since alphabet was founded in 2015 with the main aim of making Google more clean and accountable, it has become a successful corporation when you consider its billions of revenue as at last year. Alphabet centers its operation on services connected to Google like Google cloud, Google maps, Google ads, YouTube, and the likes. Buying stocks from Alphabet is no doubt the best option for beginner and new investors.
The Walt Disney company popularly known as Disney is one of the top leading American multinational entertainment and mass media companies. Its headquarter is situated at Walt Disney studios complex in Burbank, California. The stock price of Disney is around $137.82 USD. Buying stocks from Disney is really worthy of note for beginners. Npower recruitment
A couple of years ago, Microsoft proved to be giant of American stocks but ever since the emergence of Amazon, Google, and Alphabet, the status of Microsoft has changed. Nevertheless, Microsoft is still performing strongly even during the COVID_ 19 lockdown. As a beginner, Microsoft is highly recommendable because its past records and annual revenue are pleasant.
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Netflix is an American company that provides services that allow millions of viewers and subscribers around the world to stream videos. When you consider the huge number of active viewers and subscribers that Netflix has around the world, you would suggest that the annual revenue would be pleasant.
In fact, the Revenue in Netflix is expected to be more than $24 billion USD in this year (2020). Another observable feature of Netflix is that it has the capacity to develop its market share. Though more than half of Netflix subscribers are from U.S.A, I recommend Netflix as solid stock to buy for beginners. dollar to naira rate
When we are talking about the largest manufacturers and dealers of sports equipment and athletes’ wears in the world, Nike cannot be left out. Though it is an American company but since the days of its establishment till date, it has spread its wings around the world.
A couple of years ago, Nike’s annual revenue had exceeded $30 billion USD even there are chances that the revenue will grow more in the next few years. So buying stocks from Nike is commendable for beginners.
Pinterest is a social media platform that provides people with a complex and unique method of learning travel experience, art, designs, photography, and many more. It is very obvious that Pinterest provides a solid buy of stocks and it could be greatly bargained as of the moment of writing this article. Another fact about Pinterest is that their stock price is somehow going up and down.
It is a clear point that Spotify is really in a trying situation as of this moment due to the partnership deal Spotify signed with Joe Rogan and Kim Kardashian. However, observers have noted that these two public figures would make the company thrive and gain market shares in the next few months. Though beginners can invest and buy stocks from Spotify. WAEC result
Tesla is one of the companies that is bringing the future to the present. Tesla provides a strong alternative for battery and this affects the progress of the battery sector. Tesla focuses on strengthening the solar city and this serves as a strong alternative to battery.
Another feature of Tesla is that it focuses on electric cars. Tesla has been fulfilling over the years and in the next few years, one can’t tell how progressive it would be. As a beginner, investing in Tesla may mark the beginning of one’s success in stock trading because it is beginner-friendly.
Paypal is an online finance that provides a stress-free medium of online payment, transferring and receiving money, and some other services. Over the years, Paypal has successfully gained the trust of many customers and marketers around the world. Investing in Paypal is really commendable when one reviews its annual revenue and records. JAMB form
11. Micron Technology
Micron Technology as the name suggests produces computer memory and data storage. What I mean is that Micron Technology develops storage and memory solutions. Micron Technology has some befitting features and that is why I’m presenting this company to you. Even workers in Micron Technology are given the chance to learn and evolve. The stock price of Micron Technology is around $ 56. 36 USD as of the moment of writing this article.
12. Goldman Sachs
Unlike other companies that I have been listed in this article, Goldman Sachs is quite different because it is a multinational investment banking company and it also offers financial services. As a matter of fact, Goldman Sachs is one of the leading financial companies that provide prime brokerage accounts, management of assets, investment management, and some other services.
Its stock price is around $ 218.05 USD as of the moment of writing this article. Goldman Sachs is very suitable for new investors and beginners. Pounds to Naira
T-Mobile is an American network company that provides smooth-running and wireless network operation for customers. As a beginner, investing in T-Mobile could be fruit-yielding because the past records and annual revenue worth compliment. T-Mobile also has good deals for new investors and beginners in stock trading and that is why I’m recommending this company. In fact, T-Mobile had revenue of $44.998 billion USD as of last year.
Apple focuses on the production and marketing of electronic devices which carry the brand name. Just like Amazon, Google, and Facebook, Apple is one of the high-profile producers and marketers around the world. The products of Apple include Apple TV, Apple Watch, iCloud, iPad, iTunes, and iPhone. Even Apple produces well-functioning computers like Macbook Pro, Macbook Air, and the likes.
The stock price of Apple ranges around $375 USD and its annual revenues over the years were pleasant. On this note, Apple is a solid buy_ and_ hold option for news investors.
It is not an exaggeration to say that Facebook is the best and most popular social media platform around the world. Though Facebook is an American conglomerate company situated in Menlo Park, California, it has connected a large number of people around the world together. Some people work on Facebook but buying stocks from Facebook is also nice. Its stock price ranges around $276.48 USD.
My candid advice for you as a beginner is “don’t invest unless you understand the nature of the company you are buying from”. Don’t be pushed by the desire to make cool cash. Make sure that you understand the nature of the company before you invest. JAMB Result
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