How to Invest in GM Stocks

By Nichole Liandi

  • Overview

    Stocks for GM (General Motors) are listed on the New York Stock Exchange (NYSE) under the listing "GM." General Motors is a major producer of automobiles and light trucks. If you want to purchase stock in GM, here's how to go about it.
    • Step 1

      Decide whether you want to invest with a full-service broker or with an online brokerage. Each has its advantages and disadvantages. Generally, a full-service broker will be available to offer advice on investments, and many people prefer the face-to-face contact. Some brokerage accounts may require a substantial investment as a first step. The exact details will depend on the specific brokerage. Online accounts are generally cheaper, since they do not have the same "brick and mortar" presence. The level of service of an online account will be different than a full-service brokerage, although many online brokerages do offer expert investment advice for extra fees (see Resources below).
    • Step 2

      Set up an appointment with a full-service broker if you choose that route or wish to investigate it further. Tell them your goals, amount you wish to invest, and set up an appointment to meet face-to-face if you decide to pursue that route. When you've established your account, instruct your broker to buy stock in General Motors to the extent you can afford or wish to invest.


    • Step 3

      Examine online accounts. Some of the more prominent online brokerages are etrade.com and ameritrade.com. Investigate their websites for specifics about their services and fees. Be sure to also search independent reviews of the companies you're interested in (see Resources below). You'll need to apply for and fund your account, but once that's done, you can use the trading site's interface to buy GM stocks.
    • Skill: Moderately Easy
    • Warning:
    • Investment always carries an element of risk. Diversify to spread your risk.

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