LATEST CHATTY HEADER
Subscribe to Shacknews Mercury starting at $1/month!
Chrome Shack Community Guidelines Chatty Search
Scroll down to join the conversation.
New to Shacknews? Signup for a Free Account
Already have an account? Login Now
Subscribe to Shacknews Mercury starting at $1/month!
Chrome Shack Community Guidelines Chatty Search
Scroll down to join the conversation.
Okay shack, I've never bought stock outside of employee purchase programs, but I definitely want to grab some Tesla stock. What is my best option, and cheapest, for picking up stock the day they go public? Do I go to a broker, use an online service, etc.?
Help!
Thread Truncated. Click to see all 49 replies.
Successfully buying and owning shares of a company involves at least a basic understanding of their finances. There are plenty of "crappy" companies that would be good to own because their share price is low and thus they are an attractive purchase. There are also plenty of companies who are undoubtedly set up for lots of growth but because of their high status are extremely pricey by any measure.
Since it doesn't sound like your purchase of Tesla is at all dependent on the price, you are are speculating, not investing. There is money to be made in speculating, but not by people like me or you. I don't think it is ever a good idea for an individual investor managing their personal portfolio (especially their first brokerage account) to speculate like this. It's probably not as bad as playing the money in Vegas, but it's close!
If this is a tiny tiny amount of "play money" then I take my post back. At that point though, why not just paper trade?
The post has been reported. Thank you!
You must be logged in to post.
You must be logged in to post.