Purchasing shares of stock, or investing in the stock market, is not as complicated as it may seem to someone unfamiliar with the workings of the market. There are two basic ways to invest in stock: you can manage your own investments using the internet, or you can enlist the services of a broker who will complete the transaction for you. Here's a rundown of stock market investing for beginners:

* Investing with a full-service broker. A full-service broker will provide you with all your investment needs, including answering any questions you may have. In addition to managing your investments and securing your stocks, full-service brokers can also make recommendations about stock choices and help you decide which investment is right for you. Because they offer so many services, full-service brokers do charge a higher commission than other brokerage firms.

* Using a discount broker. A discount broker requires you to make your own decisions regarding your investments; their job is simply to handle the transaction for you. Once you've decided which stocks you're interested in and how you want to invest your money, a discount broker will complete the transaction for you. Discount brokers are extremely popular as they charge less commission than a full-service broker and still make your stock trades for you, either by telephone or by utilizing their trading platform.

* Opting for an auto-trade broker. Auto-trade brokers work well for people who cannot or do not wish to make trades on their own. When you have an auto-trade account, stock trades are made automatically each time the brokerage recommends them. Essentially, you give permission for your brokerage firm to make trades on your behalf whenever they feel it's necessary. Many people appreciate the ease that comes with this form of stock trading, as they are not required to watch the market every day or make decisions regarding their investments. Commission charges are usually more than a discount broker, but not as much as a full-service broker.

* Online investing. If you decide to take part in online investing, you'll need to sign up for an account with an online brokerage firm. Online firms appeal to many people because of their lower transactions fees and easy accessibility. Once you have an account, it's simply a matter of selecting which stocks you want to invest in and how much. The brokerage firm will handle the transaction, and you'll own your stock.

Each of these methods of investing has its own pros and cons, and it really comes down to how comfortable you feel with your knowledge of stocks and the market. Managing your investment portfolio yourself using an online brokerage will save you money, but you need to have a decent understanding of stocks and which ones will be a good asset. Having a full-service broker at your side will provide you with the knowledge and recommendations of a professional, but it will cost you more. However, regardless of which method you select for investing in the stock market, you have made an important financial decision that has the potential to offer you a nice profit.

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