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Stocks are an equity investment that represents part ownership in a corporation and entitles you to part of that corporation's earnings and assets. Common stock gives shareholders voting rights but no guarantee of dividend payments. Investing in stocks can be tricky business.

Know how DSPPs work. If you have a small amount of money to invest, and you don't want the returns to be wiped away by expensive brokerage fees, then consider a DSPP. DSPPs allow you to purchase shares of stock directly from a company with the help of a transfer agent. You don't need a broker to be the middleman

In terms of buying a stock yourself, the easiest way to do so is to open up a brokerage account with a discount provider such as charles schwab or scottrade. Once your account is open and funded, you can login and buy and sell shares ofstocks as often as you'd like.