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TU010 - Introduction to Stocks

This basic course covers topics that explain basic things about stocks and stock exchanges and how to access the stock ... Show more

Instructors

Trade Flunce Richard

Category

Stocks

Trading, Valuable Knowledge

10 Students enrolled

Description
Curriculum
FAQ
Notice
Reviews

This basic course covers topics that explain basic things about stocks and stock exchanges and how to access the stock exchange. It briefly discusses the historical performance of the stock market and speaks about why investing is important in beating inflation

Getting Started

How to Setup Charles Schwab International Brokerage Account

What is a stock?

A stock is part ownership of a company issued by the company for them to raise capital.

Do I need to be a US citizen?

What is a Brokerage Account?

A brokerage account is an account designed specifically to buy and sell shares (stock) of a company that are available for purchase on the stock exchange. Your brokerage account comes with software and mobile applications that allow you to buy and sell stocks.

How do I fund the brokerage account?

You need to have a US bank account in Trinidad or USA and access to US dollars. You then wire transfer money from your US bank account to your brokerage account

Which brokerage account should I use?

1. Interactive Brokers (IBKR)
2. Charles Schwab International
3. TradeZero International

What documents are required to open a brokerage account?

For Charles Schwab:
Scanned copies of your:
1. Passport
2. Proof of Address (bank statement works best)
3. Tax Identification Number (e.g. for Trinidad, your B.I.R. number)

What documents are required to open a US bank account?

Firstly, reach out to your bank of preference to find out the exact requirements. In most cases, you need:

1. A job letter
2. A recent payslip
3. Proof of address (bank statement works best)
4. Source of Funds

The information provided in this course is for educational purposes only and does not constitute financial or investment advice. Trading and investing in cryptocurrencies, forex, futures, stocks, and stock options involve significant risk and may not be suitable for all investors. You may lose all or more of your initial investment.

The instructor and course creators are not registered financial advisors, brokers, or analysts. Past performance is not indicative of future results. Any trading strategies or techniques discussed are hypothetical and may not work in all market conditions.

Before engaging in any trading or investment activity, you should do your own research and consult with a licensed financial advisor to determine whether such activities are appropriate for your financial situation and risk tolerance.

The instructor and course creators are not liable for any financial losses or damages that may occur as a result of your trading or investment decisions. By enrolling in this course, you acknowledge and agree to assume full responsibility for your own trading and investment outcomes.

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