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Alphabet, the company behind Google, has recently seen its stock climb, fueled partly by positive legal news that eased concerns about a potential breakup. The rally sets the stage for beginners who want to start investing.
Buying Alphabet shares doesn’t have to be complicated—you can do it through an online brokerage, even if you’re just a beginner starting your investing journey.
Getting Started With Stocks
An online brokerage account is how you get started with investing. These online brokerage accounts let you buy and sell stocks, bonds, mutual funds and exchange-traded funds (ETFs) all in one place—unlike a regular bank account, which mostly holds your money.
They are designed to help your money grow while giving you control over various investments.
Investing in Google (ticker: GOOGL) is pretty simple. Start by choosing an online brokerage that works for you, then open and fund your account. Once that’s set up, search for Alphabet’s stock, decide how many shares you want and place your order.
After that, it’s really about monitoring your investment and making the decision to buy more, hold on to what you have or cash out down the line.
Beginner-Friendly Online Brokerages
If you’re a beginning investor looking for the best online brokers for beginners, here are three platforms that are particularly novice-friendly:
- SoFi Active Invest: This is built for ease of use, so it’s a solid option for beginners. You don’t pay commissions on stock or ETF trades, and there’s no minimum to open an account. Everything runs smoothly from your phone, which is excellent if you like keeping things simple. It also offers automated investing and even access to initial public offerings (IPOs), so you can try out more advanced features when you’re ready.
- Firstrade: Firstrade is another worthy choice. It lets you trade stocks, ETFs, mutual funds and options without commissions. The platform includes learning tools that explain the basics, which is handy if you’re just starting out.
- Charles Schwab: Schwab has been around for a long time and has built a solid reputation. It’s beginner-friendly but also offers the tools you’ll need to be more advanced. You’ll find detailed research, plenty of educational content and dependable customer support. Like SoFi and Firstrade, there are no commissions on stock trades and no account minimum, so starting without pressure is easy.
Bottom Line
Investing in Alphabet doesn’t have to feel overwhelming. Platforms like SoFi Active Invest, Firstrade and Charles Schwab make it easy to get started, with straightforward tools and resources that help you learn.
If you’re considering buying Google stock, it’s smart to start small, get used to the platform and invest only in what you’re comfortable with.