Do you really need a broker?

Lots of people ask me if I think they really need a stock broker to begin trading shares? The answer is the same everytime for me. No. The way I got into trading shares is using the Internet. There are so many programs out there that let you buy and sell shares that there are simply too many to list. All of them facilitate everything you need when it comes to trading stocks, shares and bonds so you shouldn’t really need to involve a third party.

One thing I would advise though when starting out is not to put all of the money you want to trade with on the same stock. This is extremely risky, even it is is a well known reputable company. What I’d suggest is putting a little bit on some fairly well known companies. Buy a bit, sell a bit, familiarise yourself with how it works.

Once you’re familiar with how trading works, you can start searching around for new investment opportunities yourself. If you’re an expert in your fields, you should be easily able to pick out companies which you see have potential and if they’re public, buy some options. But again, don’t put too much on the same stock.