carinaturriff54Q: What is the initial move where to buy General Electric Company buy US stocks?
A: Opening a brokerage account is the first action. Without it, investors cannot access markets.
Q: Which brokers are popular for US trading?
A: Charles Schwab are leading names. Robinhood attracts beginners.
Q: How does one add money?
A: Money is added by electronic deposit. Funds appear in the account, allowing Coca-Cola shares to be purchased.
Q: What types of orders are available?
A: Stop orders trigger at certain levels. Beginners often use market orders, while advanced traders apply limit and stop strategies.
Q: Are there charges?
A: Yes, some brokers offer zero commission. Checking charges avoids losses.
Q: What about IRS rules?
A: US residents owe on profits, while foreigners sometimes have tax treaties.
Q: Is diversification important?
A: Yes, owning ExxonMobil in energy reduces risk. Building across industries helps in steady profits.
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