How to Purchase Your First Stock | Phil Town

So, you’re ready to start investing in wonderful businesses that are available at an attractive price, the only question left is HOW? Watch this video and I’ll walk you through the process.

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zarad zarad says:

my first stock I bought bunch of uranium stock.lost all my money.

BestyouPRO says:

Hey Phil. Thank you for the video. Can companies or individuals outside the US open an online brokerage account for buying stocks?

Shafiq Nasran says:

Just discovered your channel, I read your book couple years ago and it really helped me understand stock trading in general. Thanks for sharing your knowledge!

Ken H. says:

Good info and good vid. ty

Clinton Langston Jr says:

Thank You !

miss boujee says:

This guy is a great teacher, I only listen& follow him now!!!!!.

Peter Bruce says:

can we start off with less than $2,000? Say $1,000 or $500?

MDLEUA says:

Thank you for the info. Does this work for international users?

Conrad C. Mota Terrero says:

nice 101 for beginners like me

Toyomichi Hagiwara says:

Hi Phil, what’s your view of investment apps like acorn and Robinhood?

bobdebelix says:

I live in European Union, can I open an account in US?

abuwarith1 says:

great site its what ive been looking for, ok can I save money using the acct then purchase once I have a certain amount? can I invest in overseas markets?

Corey Rushing says:

I enjoy your videos but help me to understand why you didn’t mention Robinhood? It’s 100% free. No fees to trade and only $50 to open the account. Robinhood is the best way to start. Once you become more experienced and want to do options trading you could switch to a more traditional broker.

Alex Silcock says:

Dont pay broker fees. Buy and sell stocks free with robinhood. Not affiliate. No links. Just look them up

Edison Alvarez says:

Hey There ! what are your thoughts on the Robinhood APP?

Tyler Durden says:

I found Trade Station to be consistently dishonest. They lied to me time and time again to get me to open an account. They are known to work with educators and give them a deal to refer their students. I use TDAmeritrade and am very happy with them. They along with Fedelity, and Shwab are rated the top brokers by Investors business daily’s readers poll year in and year out, Barrons rates them the best in their polls also. They are also in a price war with each other over commission rates. I find Trade Station unethical.

bjkarana says:

Nothing about company sponsored direct stock purchase plans? There are still many blue chips that have no purchase and DRIP fees or maybe charge a buck or two per purchase. DSPPs are definitely not for active traders, as buy and sell orders can take a few days to process (plus most plans charge 15 bucks or more to SELL), but if you’re looking for the absolute cheapest way to purchase and/or reinvest shares in an established business, a DSPP is a great way to do it.

Diana Lambright says:

I am 68 and started trading in 2006 dropped out 2008 paid for a few high end classes which i did not get a return on. I only have 3000.00 to trade now with what would your advice be to because i need to try and make 1000.00 amonth dont laugh. i have 14000.00 already in stocks

Stockology says:

What brokerage would you recommend for Options traders?

Rael Kaz says:

If your living in a E.U country can You open an brokerage account in usa?

dd1 says:

Great videos Phil

Orlando Toussaint says:

I’m just wondering what you think of the Robinhood app?

rocky rock says:

I opened an account with Capital One and bought a penny stock for less than two bucks. I was just testing it out. I’m still learning.

Kaleb Stout says:

Just started watching these videos today and plan to watch them all! I am currently 18 years old and want to learn now to start investing and saving for retirement before I reach age 20.

Gregor Lynch says:

Love these videos , great for me as a college investor

Kia N says:

thanks Phill

Regina Miller says:

Ive had an Etrade account for some time just to learn, found that sometimes when trying to purchase I get message that wont allow me to buy even though shares are open to purchase, there is not an explanation as to why you cant purchase it can really be irritating, (Pink slip)

BestyouPRO says:

Hi Phil, my name is Devrhoid Davis, I am from Jamaica in the Caribbean and I am the founder of BestYouPRO International. I bought my first shares in October of 2013. It was a relatively easy process for my to buy our first shares on the local stock exchange. I essentially walked into the bank on campus (I was in University at the time) and told them I wanted to buy shares in a local company, they directed me to their Capital Markets section where I was able to open an Equity (Brokerage) account. I talked with the Rep for a while and eventually opened the account with a little over 30USD. I was able to get the shares I wanted within 3 business days. It was very exciting to be able to call myself an Investor.

Yan Lu says:

Hi Phil,
I live in Australia, TDAmeritrade is no longer available here, what broker should I choose?
I’m still a high school student, what is your best advice to get me well prepared?

MrWolverine46 says:

Thanks Phil, this did help out a lot. I must say recently I’ve bought a few stocks for the first time. Last year I had purchased a few shares in Ferrari last fall, now that the team is doing well I have doubled my investment. Granted I know that’s mostly due to the outcome of the Formula one season and I watch it like a hawk and know it’s not a sure bet to sit on. Also recently purchased shares in Tesla about a few weeks ago when the stock dipped down after the slaying down of the new model 3. I guess Elon Musk doesn’t fail to disappoint because in just a few weeks I have already made 13% on that investment. Thanks again Phil

Chandler says:

Can you get dividends from this kind of investing? How would you get those?

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