Summary: BMW is a renowned German automotive company with a long tradition of manufacturing highly-sought luxury vehicles and motorcycles. This guide will show you how to buy BMW stock via a regulated online investing platform like eToro.
Highly Rated Stock Trading & Investing Platform
-
Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.
-
0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
-
Copy top-performing traders in real time, automatically.
-
eToro USA is registered with FINRA for securities trading.
About BMW
About
Founded in 1916 in Bavaria, Germany, BMW has since made a name for itself as a symbol of vehicle performance and engineering innovation. Recognized for fostering precision and technological prowess, BMW produces high-quality vehicles, from sports sedans to utility SUVs.
In 2022, BMW became the 7th-largest car maker by revenue. It remains one of the leaders in the premium automotive market by pursuing iconic craftsmanship, implementing innovative design, and committing to sustainability.
The company trades on the Frankfurt Stock Exchange (FWB, from Frankfurter Wertpapierbörse) under the BMW ticker symbol. It is a DAX index component as one of the 40 largest German companies.
How to buy BMW stock: step-by-step
The general public can buy BMW stock on the FWB under the ticker BMW in several simple steps:
Step 1: Choose a broker
Before buying BMW shares, you have to venture into the stock market through a third-party investing service. The most straightforward way to do this is by using a reputable online brokerage.
To securely buy BMW stock (BMW), we recommend you consider eToro:
- Commission-free stock and ETF trading;
- 2,000+ stocks from 17 exchanges;
- Fractional shares available;
- User-friendly platform.
Highly Rated Stock Trading & Investing Platform
-
Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.
-
0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
-
Copy top-performing traders in real time, automatically.
-
eToro USA is registered with FINRA for securities trading.
Step 2: Open and fund your account
Once you decide on a brokerage, you should create and verify your account. The investing service should then email you the correct instructions within minutes.
After the verification, you must prepare to buy BMW stock by transferring some money into your account. Standardly available deposit methods include a bank transfer, debit or credit card, and a transaction service like PayPal.
Step 3: Decide how much you want to invest
Defining the budget to buy BMW stock forms an essential part of the investing process and takes careful planning. Sticking to your budget should prevent a financial disaster from occurring. To allow a stable and safe investment, make sure you have done the following:
- Paid off all high-interest debt, such as credit cards and personal loans;
- Created an emergency fund that covers at least three months of daily life expenses.
Remember
Step 4: Place your order and buy BMW stock
The next step is to place an order and purchase BMW shares. Do the following:
- Step 1: Log into your account and find BMW’s ticker symbol BMW;
- Step 2: Type in the amount or the number of BMW shares you wish to purchase;
- Step 3: Select the order type (market order or limit order) and place it;
- Step 4: Confirm the trade order.
Step 5: Monitor and manage your investment
When you invest in individual stocks, you commit to monitoring and managing your portfolio regularly. You should also keep track of the ongoing market trends and often renew your knowledge of BMW and the overall performance of the automotive industry.
Remember
BMW stock price today
Pros and cons of buying BMW stock (BMW)
Pros
- Worldwide brand recognition: BMW is a globally recognized brand and a household name evoking luxury and performance. This brand strength can contribute to a robust market presence and foster customer loyalty;
- Diverse portfolio: BMW produces various vehicles, from luxury cars to SUVs and motorcycles. This portfolio width solidifies the company’s ability to adapt to changing market conditions;
- Cutting-edge technology: BMW is synonymous with advanced technology and innovation in its vehicles, which can contribute to the long-term market competitiveness of the company and its products;
- Financial position: BMW has historically demonstrated formidable financial performance, which can be particularly appealing to conservative investors and those valuing stability and consistent returns in the long run.
- Global presence: BMW has a significant production and marketing presence in Germany, Brazil, Mexico, China, the U.S., and many other locations across the globe. This level of market reach reduces reliance on any single market and provides stability during localized economic downturns.
Cons
- Sensitivity to the global economy: As a luxury carmaker, BMW is sensitive to economic downturns, as during recessions, demand for luxury items like BMW vehicles can decline;
- Dependency on regulations: The automotive industry is subject to various emissions, safety, and other regulations. Regulatory changes can impact production costs and product development for BMW;
- Fierce competition: BMW faces challenging competition from other luxury carmakers, both established brands and emerging players. Intense competition can impact market share and pricing;
- Research and development intensity: While innovation is usually a strength, BMW’s emphasis on research and development can lead to significant expenses. If investments do not result in successful and profitable products, this may affect fiscal performance.
Consider investing in additional automotive brands
For more investing opportunities in the automotive industry, consider the following guides:
- How to Buy Ford Stock;
- How to Buy Toyota Stock;
- How to Buy Honda Stock;
- How to Buy Hyundai Stock;
- How to Buy Nissan Stock;
- How to Buy Renault Stock;
- How to Buy Jeep Stock;
- How to Buy Subaru Stock;
- How to Buy Volvo Stock;
- How to Buy Volkswagen Stock;
- How to Buy Cadillac Stock;
- How to Buy Kia Stock;
- How to Buy Audi Stock;
- How to Buy Lexus Stock;
- How to Buy Mazda Stock.
Common mistakes to avoid when buying BMW stock
Make sure to avoid these common investing mistakes:
- Lack of research: Research BMW and its stock in detail, along with the market state of the automotive industry, before investing;
- Lack of strategy: Set your goals before you spend any money;
- Staking everything on one asset: Always diversify your portfolio;
- Falling prey to scams: Avoid illegal platforms and suspicious deals.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
FAQs about how to buy BMW stock
Where is BMW's stock listed?
BMW is a public company trading under the BMW ticker on the Frankfurt Stock Exchange.
How do I buy BMW stock?
You can purchase shares in BMW by using a regulated online investing brokerage like eToro.
Should I invest in BMW?
Whether you should invest in BMW depends on your preferences and the current financial climate of the automotive industry. Make sure to research BMW and gather the relevant information before investing.
Does BMW pay dividends?
Although with somewhat volatile payments in recent history, BMW stock pays dividends, with a dividend yield of 8.4% as of December 2023.
Is buying BMW stock safe?
By doing your own research, making sound investing decisions, and using a regulated brokerage like eToro, you maximize the safety and success chance of your investment.
Highly Rated Stock Trading & Investing Platform
-
Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.
-
0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
-
Copy top-performing traders in real time, automatically.
-
eToro USA is registered with FINRA for securities trading.
