Results 1 to 2 of 2
  1. #1
    Hall-Of-Famer
    Points: 79,328, Level: 87
    Level completed: 55%, Points required for next Level: 822
    Overall activity: 6.0%
    Achievements:
    Veteran50000 Experience Points
    twojman's Avatar
    Join Date
    Jun 2006
    Location
    Clive
    Posts
    4,482
    Points
    79,328
    Level
    87
    Thumbs Up
    Received: 29
    Given: 50

    Direct stock purchase

    Does anyone on this site do direct stock purchasing and or dividend reinvestment plans rather then using a brokerage?

    My wife and I are talking about investing directly in a couple of different companies and I thought this may be a good inexpensive way to build shares in companies over the long haul.
    Wells Fargo offers this service https://www.wellsfargo.com/com/shareowner_services/

    Another company is Computershare.com Computershare

    There are some fees associated with this and it varies based on the company. Some do not charge for reinvestment of dividends, some do. Other charge a montly fee, usually $1 for month for reccurring investments.

    Anyone have good stories, bad stories or hints or clues on this?

    I currently have an account with Charles Schwab but with daycare for two kids still in diapers and one on bottles taking a huge bite out of our after tax income, buying large chunks of shares is not always feasible.



  2. #2
    Addict
    Points: 144,086, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 1.0%
    Achievements:
    Veteran50000 Experience Points

    Join Date
    Apr 2006
    Posts
    7,882
    Points
    144,086
    Level
    100
    Thumbs Up
    Received: 190
    Given: 267

    Re: Direct stock purchase

    the thing you have to be wary of with buying direct could be the time from sale order to the time that it makes it to the floor. this process can far longer than you may expect....and could cost you.


    As far as depth goes though, the combination of White, Woodbury, Olaseni, Basabe, and Uthoff is much better than Niang, Ejim, Edozie, Gibson. Not because of the top 2, but because of the next 2 or 3. -DeanVogs

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
  • TV: TBD
  • Iowa State vs. Oklahoma
  • November 1, 2014
  • 07:00 PM