Use fidelity, they really are the best and have many like minded people in their own customer support. Many of them hold the same stocks, and they have been the most friendly and quickest with transferring shares over to a DRS agent if you want them in your name.
The symbol is the Illuminati triangle, I know, but as far as I can tell comparing them to literally every other broker option, they are the best and it might just be the simple naive choice of the image on all of our money, since it is all about trading it. Other brokers have either turned off the buying buttons, or are extremely laggard or even refusing to transfer shares over into your name instead of you simply being the beneficiary. It’s because they want to either loan them out to sell multiple times or not even buy them in the first place, and just paying you whatever the difference is when you sell since it is cheaper to do so. They just want to trade money and make money by loaning the shares they do decide to buy. But Fidelity transfers within a few days.
Anyways, just use a cash account or the option of both.
Link your bank account to transfer cash and it will be available immediately to trade, but takes a few days to settle. You can, but technically aren’t allowed to sell shares that were purchased with unsettled cash until the cash settles.
Placing an order to buy at market price could be a little risky, but if you really are just buying a stock you have absolute faith in there is no harm in doing that. To be safe, you can set limit orders that will not trigger if it happened to jump above it. This is the typical practice for after hours orders. Some entities are able to see your orders after market.
Could someone direct me to a good source on how to buy stocks?
Use fidelity, they really are the best and have many like minded people in their own customer support. Many of them hold the same stocks, and they have been the most friendly and quickest with transferring shares over to a DRS agent if you want them in your name.
The symbol is the Illuminati triangle, I know, but as far as I can tell comparing them to literally every other broker option, they are the best and it might just be the simple naive choice of the image on all of our money, since it is all about trading it. Other brokers have either turned off the buying buttons, or are extremely laggard or even refusing to transfer shares over into your name instead of you simply being the beneficiary. It’s because they want to either loan them out to sell multiple times or not even buy them in the first place, and just paying you whatever the difference is when you sell since it is cheaper to do so. They just want to trade money and make money by loaning the shares they do decide to buy. But Fidelity transfers within a few days.
Anyways, just use a cash account or the option of both.
Link your bank account to transfer cash and it will be available immediately to trade, but takes a few days to settle. You can, but technically aren’t allowed to sell shares that were purchased with unsettled cash until the cash settles.
Placing an order to buy at market price could be a little risky, but if you really are just buying a stock you have absolute faith in there is no harm in doing that. To be safe, you can set limit orders that will not trigger if it happened to jump above it. This is the typical practice for after hours orders. Some entities are able to see your orders after market.
Thanks! I did exactly this!