Broke Millennial Takes on Investing by Erin Lowry

Broke Millennial Takes on Investing by Erin Lowry

Author:Erin Lowry
Language: eng
Format: epub
Tags: self help, Finance
Publisher: Penguin
Published: 2019-04-09T04:00:00+00:00


Don’t Invest Based on What Everyone Else Is Doing

It’s easy to get caught up in the frenzy of a hot commodity. Try to avoid buying in when your friends, family, dentist, and the random person you started chatting with on the street all recommend one particular stock, because that means the price is going up! You don’t want to buy when the share price is high.

WHAT YOU NEED TO KNOW IN ORDER TO BUY A STOCK

The first time I opened up a brokerage account with the intention of buying a specific stock, I had to spend about thirty minutes looking up definitions before I could take a half-assed, semi-educated guess at how to place the order. I remember looking at all the options and thinking, “I don’t know! I just want to buy $5,000 worth of this stock! HOW HARD IS THAT TO DO?!”

Here are the things you may need to know before you log in to buy stock through your brokerage:

The name/symbol of the stock

Okay, this one is fairly obvious and simple to find.



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