So I want to buy stocks!

I recently opened up a TD ameritrade account. Best bang for the buck, 9.99 flat fee on trades. Cheaper than etrade, and more useable features you do not have to pay for.

E-Trade?

So the typical deal is you purchase stock and pay 9.99 each time you wish to buy more or sell that share?

Usually, thats the deal. Depends on the broker.

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I am interested in purchasing stocks in random companies.

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good idea

Fannie mae, freddie mac, ford.

Buy GM stocks. I hear they're doing great.

If your really serious about investing go to morningstar.com and pay for the membership. its worth it. they give great advice and will tell you everything you need to know. we are lucky to be in the era where the market is so low. we have a good opertunity to make money in the market. Don't just trust people on good faith though...do your research.

take a look at DIS, YUM, GE

Many seem to think that because stocks in general are cheap that they are good values. Nothing could be further from the truth. Check out what Bill Gross is saying, although take it, like all financial advice, with many grains of salt. Many times those quick to offer opinions are talking their own book. Gross is Co-CEO of Pimco, worlds largest bond fund. Interesting chart at link...

Bill Gross Says Stocks Might Not Be So Cheap

'We will not go back to what we have known and gotten used to. It’s like comparing Newton and Einstein: both were right but their rules governed entirely different domains. We are now morphing towards a world where the government fist is being substituted for the invisible hand, where regulation trumps Wild West capitalism, and where corporate profits are no longer a function of leverage, cheap financing and the rather mindless ability to make a deal with other people’s money. ....'

'My transgenerational stock market outlook is this: stocks are cheap when valued within the context of a financed-based economy once dominated by leverage, cheap financing, and even lower corporate tax rates. That world, however, is in our past not our future. More regulation, lower leverage, higher taxes, and a lack of entrepreneurial testosterone are what we must get used to – that and a government checkbook that allows for healing, but crowds the private sector into an awkward and less productive corner.'

LINK