I’ve recently been asked by my friend who is interested investment: “I want to start investing in stock market – where should I go, what doors should I knock at, who should I phone, what to say, etc. in order to buy my first share?”
“You need to find a broker”, I said
“Broker? Hm, I have one”
“Yes, I have my pension broker”
“Oh, no, not that one, you need a stock broker! 🙂 ”
It took me a while to explain why we need stock brokers to access securities market and what types of brokers exist. I then looked in Investopedia and found a very good explanation (as always, that’s why I love Investopedia). If you have similar questions, it worth looking here I want to start buying stocks. Where do I start?.