Bed, Bath, and Beyond stock is one of our favorite YOLO stocks to buy right now so I put together this article to show you how to buy BBBY stock depending on which country you live in.
Buy BBBY Stock in 5 Easy Steps
- Decide how much money you want to invest
- Open a brokerage account that lists BBBY shares
- Make a deposit into your brokerage account
- Research BBBY Stock
- Place an Order to Purchase BBBY Shares
How Much Money Do You Need to Buy BBBY Stock
Only invest money you can afford to lose. There is no guarantee BBBY stock will soar although I don’t recommend betting against Ryan Cohen.
I always recommend starting off with at least 100 shares if you can afford to. 100 shares lets you sell covered calls on your position to generate extra income.
If you cannot afford at least 100 shares then choose a dollar amount that’s comfortable for you.
You can always sell other stocks or crypto to get extra cash. Start a side hustle or job to make more money so you can buy as much BBBY as possible!
Open a Brokerage Account
Opening a brokerage account is the easiest way to buy BBBY stock without any hassles. You need to choose the right broker depending on which country you live in. Some brokers only accept U.S. residents while others support several different countries. Here’s a few recommendation based on your location:
Make a Deposit Into Your Brokerage Account
Most brokers offer simple deposits via your checking or savings account. Link your bank account and make sure you have enough funds to cover your transfer.
If you don’t have enough funds then your trading account will be disabled until you remove the restriction. You cannot buy stocks with a restriction so monitor your bank account to ensure there is enough money there.
Research BBBY Stock
If you’re new to BBBY stock then read my BBBY short squeeze guide for my entire thesis.
You can also join Facebok groups and subreddits to connect with other BBBY investors.
Place an Order to Buy BBBY Stock
Search for “BBBY” stock once logged into your brokerage account and select “Buy”.
There are 2 types of commonly used order types: market and limit.
A market trade will execute immediately during open market hours at the current price. This is the easiest way to buy BBBY stock if you aren’t concerned about the price.
If you want to possibly get in cheaper then use a limit order with a lower price. The only problem is BBBY stock could go higher and your limit order may never get executed.
That’s it! I hope you enjoyed my guide on how to buy BBBY stock for beginners.
If you live in a different country from the ones listed above, please let me know in the comments below.