First, the brokerage asked for the . Maya proudly typed the number 1 into the shares box. She also noticed an option to buy "fractional shares," meaning she could have just invested $50 to get a fraction of a share. But Maya wanted a whole share to her name.
Maya’s first discovery was that she could not simply walk into Johnson & Johnson's headquarters or call them up to buy a stock. She needed a middleman called a brokerage.
Maya took a deep breath and clicked the big green button labeled . A small order window popped up, asking her to fill in the specifics of her trade. She had to make two quick decisions: how to buy one share of johnson and johnson
Within ten minutes, her account was approved. Now came the crucial step: funding her new account. Maya linked her standard checking account to the brokerage and initiated a transfer of $200. She knew a single share of Johnson & Johnson usually hovered somewhere between $150 and $170, and she wanted to make sure she had enough to cover it. Chapter 3: The Search for JNJ
This would buy the share immediately at the best available current price. First, the brokerage asked for the
She typed "JNJ" into the search bar and clicked on the result. There it was. The official page for Johnson & Johnson stock, showing the real-time price fluctuating by pennies every few seconds. Chapter 4: The Order
She navigated to the search bar at the top of the screen. She didn't type out the whole company name. She had learned that every public company has a unique ticker symbol. For Johnson & Johnson, that symbol was a simple, three-letter acronym: . But Maya wanted a whole share to her name
Wanting to keep things simple and ensure she got her share right right away, Maya selected . Chapter 5: Becoming an Owner