Now you’ve reached your first crossroads. Most reputable stocks will not go to $0 in value, especially not overnight, but it’s safest to assume it could happen. Like if you’re playing poker, only bring as much money as you can afford to lose. Just to make things easy, you can round it down to 700 shares.īefore you plunk down your $5,000, remember the stock market is a gamble - not a sure thing. In order for you to purchase $5,000 worth, you’ll need to buy roughly 714 shares. TRCH at the time of your purchase is trading for $7 per share. Say you want to buy $5,000 worth of TRCH. Shares are like currency for stocks, and each one has a numeric or dollar value. Step 2: Decide how many shares you want.Īfter you set up your new stock-market account and deposit some money, you’ll need to decide how many shares of TRCH you want to buy. Account minimums are low, which means you won’t have to break the bank to set up an account. They offer stock buying-and-selling services for a fraction of the price of a full-service broker and typically charge no commission. Most online brokers are perfect for beginners. Online brokerage firms offer many of the same services as full-service brokers at discounted rates.īenzinga can help you find one of these great online brokers, like: Unlike the old days when you’d call up a stock broker and pay a hefty commission to buy a stock, these days most transactions take place online. Stocks sell at brokerage firms, and you’ll find many firms to choose from. Don’t let technology intimidate you it’s a lot easier than you think. If you’d like to buy shares of stock but don’t know how, there’s no time like the present to learn. That’s more than any of those other more famous stocks. But have you heard of a company called Torchlight Energy Resources ( NASDAQ: TRCH)? TRCH may not be a household name like Facebook or Google, but it’s up 300% since May. These big companies trade on the Nasdaq stock exchange, the home to technology stocks. They are also all stocks - technology stocks. What do the names Facebook, Google, Apple and Microsoft have in common? Yes, they’re all famous and fabulously wealthy companies. Maybe you’re wondering - why am I not one of those investors? You can be. You see it all the time: This stock doubled or that stock made millions for its investors.
#Torchlight stock price how to
How to Buy Torchlight Energy Resources ( NASDAQ: TRCH) Stock Buying into Torchlight Natural Resources.Stocks: Restrictions for Retail Investors.
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