How to sell stocks without a broker

By: lazarchuk On: 27.05.2017

The credit card offers that appear on this site are from credit card companies from which MoneyCrashers.

how to sell stocks without a broker

This compensation may impact how and where products appear on this site, including, for example, the order in which they appear on category pages. Advertiser partners include American Express, U. Bank, and Barclaycard, among others. Do high brokerage costs deter you from investing in stocks of financially stable, profitable companies?

Once companies list on a stock exchange, they employ the services of a transfer agent, who handles all administration related to share transactions — most listed companies use Computershare to provide these services. And one of the many services Computershare provides is the administrating of direct stock purchase plans for companies who want to sell their shares to the public without engaging a stockbroker.

A direct stock purchase plan allows you to buy shares of a company through its transfer agent instead of through a broker.

In essence, you cut out the middleman and save yourself a pretty penny in the process. Listed below are five well-known companies that have the most active direct stock purchase plans:. Whenever you choose any investment, analyze the company and the industry carefully in terms of profitability, future outlook, and whether the investment is in line with your goals and risk tolerance.

Never put all your eggs in one basket. If you choose to invest in individual companies, be sure to invest across a range of industries for a diversified portfolio.

Premo views investing as the how to sell stocks without a broker of making money. He has four years experience in stock investments, and shares his insights as a way to give back and contribute.

He cme euro currency options in Durban, South Africa and enjoys rolling option trades great year-round weather. Sign up below to get the free Money Crashers email newsletter! The content on MoneyCrashers. Should you need such advice, consult a licensed financial or tax advisor.

References to products, offers, and rates from third party sites often change.

how to sell stocks without a broker

While we do our best to keep these updated, numbers stated on this site may differ from actual numbers. How to sell stocks without a broker may have financial relationships with some of the companies mentioned on this website.

How do I Sell Stock Without a Broker? - Budgeting Money

We strive to write accurate and genuine reviews and articles, and all views and opinions expressed are solely those of the authors. About Press Contact Write For Us.

Money Crashers Topics Banking Bank Account Promotions Free Checking Accounts Credit Cards Cash Back Credit Cards Low-APR Credit Cards Travel Rewards Credit Cards Hotel Credit Cards Gas Credit Cards Student Stock trading macd Cards Business Credit Cards Secured Credit Cards More About About Us Press Contact Write For Us Top Personal Finance Blogs Time Banking Explained — How to Trade Services With a Time-Based Currency.

how to sell stocks without a broker

Spend More for High Quality or Buy Cheap to Save Money? How to Buy Stocks Online Without a Broker — Direct Stock Work from home 76180 Plans By Premo Sewnunan Posted in: Share 55 Tweet Pin 14 Comments Buying Stocks Without Using a Brokerage Once companies list on a stock exchange, they employ the services of a transfer agent, who handles all administration related to share transactions — most listed companies use Computershare to provide these services.

Features of Direct Stock Purchase Plans Minimum investment amounts are variable, and can be adjusted to meet your needs. Payments can be made by check, automatic bank debit, or a combination of both.

How to Buy Stock Without a Broker | bozirixejiwi.web.fc2.com

You can schedule weekly or monthly purchases, which allows you to dollar-cost average and potentially reduce risk. Plans allow you to invest in small amounts, instead of by number of shares. Dividends can be reinvested.

The plans are cost effective, at low or no cost, if the company pays the fees. Dividend Reinvestment Plans DRIPs and What They Offer Investors. Sharebuilder Review - Discount Broker for Long-Term Automatic Investing. When to Sell Stocks - 6 Questions to Ask Before Selling Your Shares.

Wendy Kirkland

JoinSubscribers Sign up below to get the free Money Crashers email newsletter! Read More from Money Crashers Lifestyle Time Banking Explained — How to Trade Services With a Time-Based Currency. Lifestyle 9 Everyday Carry Items You Need to Have to Be Prepared for Anything.

Direct Purchase Stock Plans - How to Invest Without a Broker

Shopping Spend More for High Quality or Buy Cheap to Save Money? Share this Article Friend's Email Address Your Name Your Email Address Comments Send Email Email sent!

Rating 4,7 stars - 369 reviews
inserted by FC2 system