Invest Like a Pro: Your Guide to Buying Stocks with Ease!
Ready to dive into the stock market?
Our latest video shows you how easy it is to purchase stocks using our intuitive app! From placing your first order to tracking your investment, we've got you covered. Learn how to select stocks, purchase them, and track your investments with real-time data. Start investing in your future today with just a few taps on your screen!
Want some step by step instructions?
Step 1: Navigate to your Bits of Stock portfolio to view the existing cash balance and begin the stock purchasing process from there.
Step 2: Check the current stocks already in your possession in "My Holdings". To buy a stock already in your holdings, simply click on the desired stock. For this guide, we will be purchasing and selecting the Apple stock.
Step 3: You will now be redirected to the chosen stock's page. On the right, you can find a box displaying options to buy or sell the stock. Make sure to select the "Buy" option when intending to purchase.
Step 4: Enter the desired dollar amount to spend on your stock purchase. For this example, we are inputting $1.
Step 5: After entering the amount, the box will display the current share price and the approximate number of your chosen shares to be purchased for the entered dollar amount.
You can also check the buying power, which is the cash amount, or click on the "I" icon to learn more about buying power.
Step 5: When you are ready to initiate the purchase, click on the "Buy" option.
Step 6: This action reveals your order summary, including the amount of the stock being purchased, the current market price, and the approximate number of shares to be received for the entered dollar amount.
If you intent to make any changes, simply press on the "Go back" and adjust the desired dollar amount for the purchase.
If all information is correct and you wish to proceed with your order, click on "Confirm" instead.
Step 7: You have now initiated your purchase! The box displays the order confirmation, current share price, and the approximate number of shares being purchased.
You can now go ahead and click "Continue" to exit and go back to the stocks page.
Step 8: To review your order, scroll down your page to the "Trade History" section. The most recent order will show the initiated purchase order of the stock you just selected, and its approximate value. The order status will be "Pending" and should be completed within one business day.
The app also displays the date and exact time the order was initiated, making it easier to track your order.
It's that simple, so go ahead and enjoy the benefits of the stock rewards program!
