Online Brokerages

• You can buy stocks through several online brokerages such as Scottrade, Charles Schwab, E*trade and TD Ameritrade. Compare transaction fees and commissions to decide which would be best for you. Your level of trading experience may play a role in deciding whether or not to go with a full-service broker. Compare the costs of getting stock advice from each company. Some online brokerages require a minimum deposit to open account while others do not. You'll be required to use a bank account to fund your brokerage account.
  
  

Direct Purchase Programs

• Many large companies such as Wal Mart, Coca Cola and Exxon offer direct stock-purchase plans on their websites. You can set up an account with an online trade agency. Direct stock-purchase plans require an initial investment of $250 or five periodic $50 investments. You'll be able to choose to reinvest your dividends. If you have an existing account, you must buy at least $50 worth of stock in any transaction. You're allowed a maximum investment of $200,000 per year.
  
  

Miscellaneous Considerations

• Websites such as Oneshare.com allow you to buy one share of a stock. You can have your shareholder certificate framed or engraved. These programs are designed more for gift purchases than serious investments.