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| How To Buy and Sell Stocks |
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- If you're considering a broker, try its customer service number in the middle of a busy trading day.
- Talk to other investors and ask with whom they have had good and bad experiences
- If you choose to do business with a financial planner, or with a broker who provides advice, make certain to state your investment objectives very clearly on the brokerage agreement you will be asked to sign.
- If you ever notice transactions you didn't authorize, write a letter to the financial planner or stockbroker stating that the activity in your account is unauthorized and all trading activity should stop immediately.
- Don't invest in businesses you don't know anything about.
- Don't buy individual stocks unless you just think it's fun to do or you widely diversify your holdings. It's too risky to place your money in just a few companies.
- If you're going to take a major stake in a business, don't do so without having some voice in how that business is operated.
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