I’m not a stock market person and I’ve never owned stock in the past. I’m really excited about this GM stock and I’d like to buy some. Please guide me on how to buy GM IPO stock. I’m just a regular 24-year-old student.
we can settle
You buy it when it goes on the market. This is after the brokerage bankers buy it. Then they will sell it on what’s called the second market. You can place your buy market order along with every body else.
I fail to see what’s exciting about the lowest level auto maker in the world making a stock offer.
Short answer is you should contact a stock broker who will do this for you and charge a fee of roughly $20. You can use a number of companies to do this from Fidelity to T Rowe Price (who I recommend) or you can contact GM directly and ask if they have a Direct Stock Purchase Plan (DSPP) and buy it directly from them with no broker being involved.
There are TONS of brokers you can use. From Charles Schwab and E Trade are another two companies that can also do this.
Hope this helps.
First open demat account in any share broking company, first you get Pan Card.
You need to open a brokerage account but since the stock will be worthless in a few months perhaps you need to consider giving it to someone who needs money. If you are going to throw money away at least have some fun doing it.
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It’s not known exactly when the IPO is going to come out and how much it will cost for a share.
First thing you need to do is open a brokerage account. There are plenty of online brokerages. I have an account on. You can start with any amount, but it’s best to start with at least a few hundred. The you need to wait for the IPO which might be a couple months from now.
In the mean time read books on long term investing.
Books by Peter Lynch, or Warren Buffet are good books in this area.