I want to buy some stock in Proctor and Gamble (i think they have stock). What is the best way to go about doing this?

7/29/2006 6:37:43 PM

why proctor and gamble?

7/29/2006 6:39:06 PM

How much stock? PG is about 56 right now.

7/29/2006 6:48:29 PM

http://www.sharebuilder.com

but check to see if you can buy proctor and gameble through them, there are some stocks you cant buy on sharebuilder.

also try http://www.buyandhold.com

7/29/2006 6:55:02 PM

http://www-us.computershare.com/Default.asp?bhjs=1&fla=1&cc=US&lang=EN

I like this site, it doesn't have proctor and gamble on it though.....the cool think about it is that a lot of companies will pay some of the fees for you, for example you do not have to pay a fee to buy Exxon stock ( must purchase atleast $50 at a time), however you have to pay $15 anytime you sell it. This site can set up plans for you to draft out of your bank account once a month and will reinvest the dividends for you.

Another good site is Sharebuilder but it might only be for SECU members, I am not sure

7/29/2006 6:55:24 PM

i just got this feeling...

7/29/2006 6:55:32 PM

im a SECU member, but i dont see anything about sharebuilder on the website.

7/29/2006 7:12:03 PM

DUDE

this is the meanest thread on the face of the earth

7/29/2006 7:12:55 PM

Quote :

"I wanna buy some stock, but dont know how... "

then you probably shouldn't

7/29/2006 7:32:48 PM

^^^ On the homepage click on the investments link

7/29/2006 7:47:45 PM

ahh, gotcha; when i said i dont know how, i ment i dont know physically how to do that (although i do now). i know the logistics of it

7/29/2006 8:12:51 PM

Yeah it's too bad nobody's ever written millions upon millions of volumes of books on this very topic.

[Edited on July 29, 2006 at 8:24 PM. Reason : and as far as physically doing it, you're going to need to be on the trading floor...]

7/29/2006 8:20:48 PM

http://www.scottrade.com

There Raleigh office is right down Falls of Neuse Rd, you can always go in and talk to them, they'll help get you started.

[Edited on July 29, 2006 at 8:47 PM. Reason : .]

7/29/2006 8:45:10 PM

Stocks are desirable, but you can suffer heavy losses pretty easily.

Check out this site to evaluate safer investment options than the stock market. Bernanke keeps raising the interest rates, so this is going to get pretty competitive....

http://www.treasurydirect.gov/indiv/indiv.htm

You can purchase government bonds in a very secure manner. Backed by full faith and credit of the U.S. Government, you're guaranteed a return.

If you are only interested in capitalizing on the fast growth of stocks and wouldn't even touch a government bond, you should reconsider what you expect to gain from investing.

[Edited on July 30, 2006 at 2:21 AM. Reason : yes, I am quite bearish]

7/30/2006 2:19:06 AM

i've been wanting to get into stocks since like the 10th grade...just never put the time and effort into it :-/

7/30/2006 2:27:31 AM

It's not that hard to get started trading on paper.

7/30/2006 2:28:15 AM

well i never did it cause i didnt think i had enough money to even start...i mean shit google use to be at 300...i couldnt even get a lousy 10 shares if i wanted

7/30/2006 2:30:17 AM

ahaha he said he thinks proctor and gamble has stock

This is what I did:

1. First I set up a Roth Ira with a (moderate/aggressive risk) assortment of index and mutal funds that covered growth, value, international, risky bonds, govt bonds, and real estate.
2. Then I got into some more riskier funds that invest in small companies, emerging markets, etc.
3. Then I looked into individual stocks, fast growers, companies who sell products people will always buy no matter what, small companies that I personally knew about etc.

SET UP AN IRA IF YOU HAVEN'T ALREADY, AND READ BOOKS ON STOCKS, ASSET ALLOCATION, ETC

[Edited on July 30, 2006 at 2:33 AM. Reason : .]

7/30/2006 2:31:00 AM

^ Definitely good advice

Quote :

"companies who sell products people will always buy no matter what"

Also known as Defensive Stocks
i.e. KO, PEP

http://finance.yahoo.com/ is a great starting place for quotes and ticker symbol lookup

7/30/2006 2:36:17 AM

Also what goal are you investing for?

7/30/2006 2:39:01 AM

when i took acc 210(now accounting 200) she told us a class on IRA's

i always wanted to get one after that kinda, and she told of bus 225...i might take that sometime

my friend was also telling me i should go to his bank...i forget the name(i want to say first citizens) but he said it was really good

7/30/2006 2:45:09 AM

^Ignore your friend on setting up an IRA there, also bus 225 is a joke, and I have a book at my house in my hometown that will explain a lot that I can get for you next time I'm there.

[Edited on July 30, 2006 at 2:48 AM. Reason : .]

7/30/2006 2:47:50 AM

c'mon budman, don't be so hard on drunknloaded

I think it's noteworthy to attempt to link academics to the real world....

The failure of the BUS class is more of something on NCSU's shoulders than anyone who attempts to appreciate it for what it was worth.

7/30/2006 2:59:46 AM

^I wasn't trying to be hard on him and I agree with you especially since I'm in academia, but he could get the information and more from a few readings and/or talking to some of the kids on here.

Now if you're not paying for school than I would definitely take the class.

[Edited on July 30, 2006 at 3:08 AM. Reason : We need to start an official thread for new investors and or people trying to obtain credit. ]

7/30/2006 3:06:34 AM

duly noted

let's start a T'dub hedge fund

7/30/2006 3:08:27 AM

this stuff smells like burnt ass

7/31/2006 12:05:34 PM

I'll manage it, you guys find the capital

7/31/2006 12:05:53 PM

I bought stock and three companies.

I keep getting large envelopes from two of them about "restructuring" and "backruptcies"

7/31/2006 12:20:11 PM

Did you end up buying any?

P&G was way up today on a good earnings report.

8/2/2006 1:48:40 PM

The CFO was on CNBC this morning proud of the resurgence of the pharmaceutical sector. You're better than Cramer, dbhawley

[Edited on August 2, 2006 at 2:49 PM. Reason : ]

8/2/2006 2:48:08 PM

Quote :

"ahaha he said he thinks proctor and gamble has stock "

8/2/2006 2:48:50 PM

http://www.etrade.com

8/2/2006 3:24:05 PM

take a stack of cash to the new fayetteville street

8/2/2006 4:04:32 PM

http://www.fool.com

they have great explanations on just about everything to do with money.... easy to read as well

8/2/2006 10:17:26 PM

Isn't P&G one of those companies you can invest in without a broker? I can't remember the term, but Home Depot and a ton of other companies allow this. The only downside is they have some fees that can be prohibitive to someone who is only investing small amounts of cash.

8/2/2006 11:41:16 PM

i am absolutely amazed that nobody said to google this, though i'm proud of tdubb for having not thus far

you can check Ameritrade or local broker stuff, if you want to get serious with it though, i think it'd take a little more research than asking on here... you'll only get limited information

8/2/2006 11:49:46 PM