In this tutorial, we will guide you through the process of buying and selling stocks. This process may appear complicated at first, but is, in fact, quite simple. It has its own rules, its own set of characters and its own language code. Stock is evidence of ownership in a corporation.
Licensed individuals are registered representatives of brokers.
Brokerage Houses are large firms that deal in securities and may belong to an exchange such as the New York Stock Exchange or the American Stock Exchange. Some companies allow shareholders to purchase shares directly from the company without having to use a broker. For more information about this, see the tutorial on Dividend Reinvestment Plans . After you have opened an account, you need to decide which type of account is best for your needs. Cash Accounts are for investors who will just buy or sell shares of stock with the money that they deposit into the account.