I am a Canadian and I am wondering how do you buy stocks and what is the best way to buy stocks.
How to buy stocks: Open an account with one of the major discount brokerages. I am with TD and while I wouldn't 'recommend' it, I am not switching to anything else. My next best choice might be Virtual Brokers. Once you open the account, put some money in it and start buying...
What is the best way to buy stocks...
Opinion:
- Not individually, especially if you have a small amount of capital to invest or not much experience. Index funds are a good way to start (and I am not ever leaving them)
- If your going to make frequent but small contributions, consider mutual funds with low MER's. I recommend TD eFunds.