Stock Market 101: Let's get started - Houston weather, traffic, news | FOX 26 | MyFoxHouston

Stock Market 101: Let's get started

Posted: Updated:

Have you always wanted to get involved with the Stock Market, but you just don't know where to begin? Can you afford to invest? If so, how much is enough?

It might surprise you to learn that you don't have to be a high roller to start investing in the Stock Market. With as little as $50 you could be well on your way.

Most people see the Stock Market like a loud, frantic scene from the movie "Wall Street." But, Atlanta resident Darren Fouts works in construction and admits that even though he wanted to get in on the Stock Market, he's nothing like Charlie Sheen's famous movie character.

Fouts said, "I did not have the money to take some lump sum and put it in."

Morgan Stanley Senior Vice President David Doll says just about anyone can start investing in stock.

"I think there's a perception that investing in the Stock Market requires a large initial lump sum of money to participate, and that's just not true," Doll said.

He says you can get started with as little as $50. Brokers charge fees, so if you want to go it alone, then Doll advises using a dividend reinvestment plan, or a drip. It allows you to buy stock directly from companies in small increments as low as $10.

Doll said, "You want to most likely pick stocks or companies that are familiar to you, something that you are familiar with, you use on a daily basis, your comfort zone, if you will. And, use those companies as a good rounding point for investing."

  • Good Day ArchiveMore>>

  • 2014 Tax Day freebies and more

    2014 Tax Day freebies and more

    Tuesday, April 15 2014 12:09 PM EDT2014-04-15 16:09:24 GMT
    Have you filed your taxes? Today is the final day to file your 2013 IRS tax return. And some local businesses are offering freebies and deals to those who filed on time.
    Have you filed your taxes? Today is the final day to file your 2013 IRS tax return. And some local businesses are offering freebies and deals to those who filed on time.
  • What's Happening: College2Career Fair at Cobb Galleria

    What's Happening: College2Career Fair at Cobb Galleria

    Tuesday, April 15 2014 10:39 AM EDT2014-04-15 14:39:57 GMT
    If you are a college student looking for a job you can head over to the Cobb Galleria on Tuesday. There is a huge career fair to help students transition into the workforce.
    If you are a college student looking for a job you can head over to the Cobb Galleria on Tuesday. There is a huge career fair to help students transition into the workforce.
  • FOX Medical Team

    Helping teens when their college choice says "NO"

    Helping teens when their college choice says "NO"

    Tuesday, April 15 2014 10:17 AM EDT2014-04-15 14:17:59 GMT
    For many teens, the college application process is their first real taste of a the high-stakes, high pressure world of adulthood.
    For many teens, the college application process is their first real taste of a the high-stakes, high pressure world of adulthood.
Powered by WorldNow

KRIV FOX 26
4261 Southwest Freeway
Houston, TX 77027

Phone: (713) 479-2801
Fax: (713) 479-2859

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices