# How to Buy Stocks (For Beginners)

An episode of [Earn Your Leisure](https://invisiblenetwork.ai/podcast/1450211392), 27 Apr 2026, 7:16.

Audio: https://podtrac.com/pts/redirect.mp3/traffic.omny.fm/d/clips/e73c998e-6e60-432f-8610-ae210140c5b1/8dbc4f54-a337-4481-9ef2-b355012b0a3d/71c36b53-4d63-43ed-996a-b4370068bb1b/audio.mp3?utm_source=Podcast&in_playlist=eac4c628-29cb-469a-b5c8-b355012b0a48

Ready to start investing but don't know where to begin? We break down the EXACT step-by-step process to buy your first stock. From picking the right brokerage account (like Vanguard or Fidelity) to linking your bank and safely funding your account, this is the ULTIMATE beginner's guide. Stop leaving your money on the sidelines and learn how to actually execute a trade to start building wealth today! Subscribe and watch more videos here: https://www.youtube.com/@EarnYourLeisure Join the EYL community for deeper training and a more detailed approach: https://www.eyluniversity.com Join the number one stock club in the world: https://www.ianinvest.com Invest Fest | August 7-9, 2026 Grab early bird tickets now: https://www.investfest.com See omnystudio.com/listener for privacy information.

## Transcript

[0:00] Speaker 1: So how to start investing in stocks? And the three
[0:03] Speaker 1: of us get this question all the time, so we
[0:05] Speaker 1: wanted to lead with that and we want to break
[0:08] Speaker 1: it down as simply as we can. And so first
[0:12] Speaker 1: you need a brokerage account. What is a brokerage account? Okay?
[0:16] Speaker 1: A brokerage account, simply, guys, allows you to buy stocks, sales, stocks,
[0:22] Speaker 1: invest okay, And so some of the more notable names
[0:26] Speaker 1: you might know over me, be familiar with, or you
[0:29] Speaker 1: may not be. Vanguard Fidelity. Those are two ones that
[0:35] Speaker 1: has just been around for the test of time now
[0:38] Speaker 1: and if you are thinking long term, these two entities
[0:44] Speaker 1: are ones you want to consider. Fidelity Vanguard you want
[0:49] Speaker 1: to think about once I do take this step to invest,
[0:54] Speaker 1: Let me open up a Fidelity account, Let me open
[0:56] Speaker 1: up a Vanguard account. You want to start there with
[0:59] Speaker 1: the premise in mind that you are thinking long term.
[1:02] Speaker 1: Then you have everything from more more newer apps, more
[1:07] Speaker 1: user friendly ones like robin Hood, we Ball, interactive brokers,
[1:13] Speaker 1: Tasty Trades, to name a few. So listen, guys, it
[1:15] Speaker 1: starts with before you can invest, you have to have
[1:19] Speaker 1: a brokerage account to even deploy your money too. Okay,
[1:23] Speaker 1: And this is lateral from your job. This is separate
[1:27] Speaker 1: from whatever you are getting at your place of employment.
[1:30] Speaker 1: This is this is on you. The book came out,
[1:33] Speaker 1: We're going to make sure this book become a number
[1:35] Speaker 1: one bestseller. You deserve. This is about you. This is
[1:41] Speaker 1: about you, guys. Okay, and so you need to make
[1:43] Speaker 1: sure you have your own brokerage account. You're doing your
[1:47] Speaker 1: your own investing, You're taking your you taking your own
[1:50] Speaker 1: finances and affairs in your hand. Okay, next up, I'll
[1:54] Speaker 1: take it.
[1:54] Speaker 2: I'll take it even step further too, because I want
[1:56] Speaker 2: to kind of expand on that a little bit because
[1:59] Speaker 2: for some people like to even why investing is important.
[2:04] Speaker 2: On what a stock is, right, Like, we talk about
[2:06] Speaker 2: stocks as far as that's ownership, and there's private companies
[2:09] Speaker 2: and then there's public companies.
[2:10] Speaker 1: Right.
[2:10] Speaker 2: So the public companies anybody can own it, like Tesla,
[2:13] Speaker 2: like Microsoft. A private company is like earn your leisure
[2:16] Speaker 2: where only we own it. Right. So it's important to
[2:19] Speaker 2: invest in these public companies because as their value goes up,
[2:22] Speaker 2: your investment going to go up over the course of
[2:24] Speaker 2: time as well. Right. So, the only way we took
[2:26] Speaker 2: about inflation, the only way to beat inflation is to
[2:28] Speaker 2: actually invest right, because that's how your money's actually working
[2:31] Speaker 2: for you over the course of time. But another question
[2:34] Speaker 2: that I get about the brokerage is like even like
[2:36] Speaker 2: how to set it up, and it's it's really not
[2:38] Speaker 2: too complicated. Guys, Like you go to the app store
[2:41] Speaker 2: and you download Charles Schwab is another one, or you
[2:44] Speaker 2: download Fidelity and all of these these these apps and
[2:49] Speaker 2: platforms have similar type of things where you just got
[2:51] Speaker 2: to fill in your information. So they have to it's
[2:54] Speaker 2: called like know your customer, right, so they're actually you're
[2:56] Speaker 2: like your social the actually your number, your email. You
[2:59] Speaker 2: have to provide this information. Guys, you can't try to.
[3:04] Speaker 2: I ain't putting my social you gotta provide. You gotta
[3:08] Speaker 2: provide this information and then from there you link your
[3:11] Speaker 2: bank account to it. This is important for people to
[3:14] Speaker 2: fully understand as well, because they're like, well, how do
[3:17] Speaker 2: I get money into the account?
[3:18] Speaker 3: Right?
[3:18] Speaker 2: I gotta fund it. You link your bank account to it,
[3:21] Speaker 2: and then you fund it, and then that that funding
[3:23] Speaker 2: goes both ways. So you put money in from your
[3:26] Speaker 2: bank account and put two thousand dollars for my bank
[3:28] Speaker 2: account into Fidelity, and then when it's time to move
[3:31] Speaker 2: for money from Fidelity to your bank account, vice versa,
[3:35] Speaker 2: vice versa. But where it's hell that this is important,
[3:38] Speaker 2: but our retirement.
[3:40] Speaker 3: Can I give them a hack from what you just said.
[3:42] Speaker 3: This is important too because that transaction time. It can
[3:45] Speaker 3: if you're a new customer, that might take five to
[3:47] Speaker 3: seven days. And so for us having money that we
[3:49] Speaker 3: sent and we don't know where it's going and it's
[3:51] Speaker 3: taking five to seven days. Is a new account opening,
[3:54] Speaker 3: you could fill a little ankst especially rob But what
[4:00] Speaker 3: you can do right, and this is and this is
[4:01] Speaker 3: a good tip. I use e Trade and so when
[4:04] Speaker 3: E trade, I found out the wire instructions, right, So
[4:07] Speaker 3: when I get the wire instructions that come from e trade,
[4:10] Speaker 3: now when I send the money. Right, let's say I'm
[4:12] Speaker 3: sending five thousand dollars to my E trade account, that's
[4:15] Speaker 3: going to get there within thirty minutes rather than waiting
[4:18] Speaker 3: five to seven days. And so yes, you can do
[4:20] Speaker 3: the AH transfers with take three to five or maybe
[4:23] Speaker 3: five to seven if it's a new account. Or you
[4:25] Speaker 3: can get your broke which is wire information, and have
[4:27] Speaker 3: that money expedited because five to seven days in the
[4:30] Speaker 3: market can change a lot, right, like we saw over
[4:33] Speaker 3: the past week, right on Monday's up by Friday, you
[4:36] Speaker 3: could have lost a lot or you could have gained
[4:38] Speaker 3: a lot. So you want to make sure that your
[4:39] Speaker 3: money gets there in expedited fashion. Why in transfers is
[4:42] Speaker 3: another way that you can you can hack that.
[4:43] Speaker 2: And then the last day I'll say before we move on,
[4:45] Speaker 2: is that I used to get this a lot. When
[4:48] Speaker 2: people are talking about their four one ks, they'll have
[4:51] Speaker 2: a four one K, the money's coming out of it that
[4:54] Speaker 2: they're checking it. The money's coming out of their paycheck,
[4:56] Speaker 2: and they automatically assume that it's being invested in. I asked, like,
[4:59] Speaker 2: what are you investing in? And they're like, I don't know,
[5:00] Speaker 2: did not see their statements, and they're not actually invested
[5:02] Speaker 2: in anything. When your money goes into a brokerage account,
[5:05] Speaker 2: it goes into what's called the money market. That's like
[5:08] Speaker 2: a savings account pretty much for a brokerage account, like
[5:11] Speaker 2: it's sitting on the sideline. You have to direct where
[5:16] Speaker 2: the money's going. So the next thing we'll talk about
[5:18] Speaker 2: like actual investments. But don't think that. Okay, I opened
[5:22] Speaker 2: up a Fidelity I link it to my Chase Bank account.
[5:25] Speaker 2: I put two thousand dollars from Chase into Fidelity, and
[5:28] Speaker 2: now I'm invested into the stock market. That's not you're not.
[5:33] Speaker 2: But like I said, that's not how it works. That
[5:34] Speaker 2: actually happened. Like I said, I I see that. I
[5:36] Speaker 2: saw that with retirement when I was a financial adod.
[5:38] Speaker 2: I used to see that with retirements. People have money
[5:41] Speaker 2: they used to have like twenty fifty thousand dollars into
[5:43] Speaker 2: their retirement account because they didn't. They didn't. They would
[5:46] Speaker 2: never fully educated that you had to pick something, and
[5:49] Speaker 2: they just the default for their retirement plans was a
[5:51] Speaker 2: money market account until they decided what they wanted to
[5:54] Speaker 2: do with the money. They never decided what they wanted
[5:56] Speaker 2: to do with the money, and the money was not growing.
[5:58] Speaker 2: It's not a money market is not invested, right, that's
[6:01] Speaker 2: like a zero. It's sitting on it's sitting on a silent.
[6:05] Speaker 2: That's just important. Just because you open it, you put
[6:07] Speaker 2: it in. Now from there, you have to actually put
[6:09] Speaker 2: into it. That's a fact.
[6:10] Speaker 1: Chris.
[6:10] Speaker 3: I'm gonna go back up to this slide where we're
[6:12] Speaker 3: looking at the brokerages. Yeah, is there one that you
[6:16] Speaker 3: prefer all the other or is this case by case,
[6:17] Speaker 3: Like I know the trade is not on there everybody
[6:20] Speaker 3: euyou knows. I love E trade, but I'm USRAE so
[6:24] Speaker 3: not because for informational purposes it's easier for me. I
[6:28] Speaker 3: love the way that we can get information. Is there
[6:30] Speaker 3: is there one that is preferred or the.
[6:32] Speaker 1: Other, Vanguard for long term, I prefer for strictly long
[6:38] Speaker 1: term and or Fidelity. You can't go wrong if that's
[6:41] Speaker 1: the mindset. I'm buying holding this for at least ten years.
[6:45] Speaker 1: Vanguard and Fidelity are phenomenal E trade robinhood in one finance.
[6:50] Speaker 1: Some of those other ones are good too because they
[6:54] Speaker 1: provide even more information and news and other things that
[6:58] Speaker 1: is helpful to the user. So there's no order. But
[7:02] Speaker 1: except for the long term peace, Fidelity and Vanguard are
[7:06] Speaker 1: the ones you're not trying to trade in those with
[7:09] Speaker 1: Vanguard at least, you're not using that to be a trader.
[7:12] Speaker 1: You're trying to your purposely intently trying to invest

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