How to Purchase Stocks Without an Advisory

20 May 1

The most common way to Purchase and sell stocks is through an Advisory, a traditional way of investing in the share market. However, you can also invest in stocks without an Advisory and pay no commission! Look for companies list that offer either a direct stock purchase open to all investors or a dividend reinvestment plan for current shareholders:

1) Direct Stock buys Plan (DSBP): You can put your money with a business that offers direct stock buys plan. This plan permits investors to buy shares directly from the issuing company, thus eliminating the need for a stock advisory. There are a lot of companies that allow an investor to purchase shares by means of Direct Stock buys Plan, but they may charge you a small fee in order to set up a stock buy account, though you do not have to pay any commission for Purchasing shares. Various companies are willing to ignore their investment fees if investors join their automatic debit plan.

2) Dividend Reinvestment Plan (DRIP): If the company doesn’t offer a direct stock buy plan, then you require to find out if it has a dividend reinvestment plan (DRIP). This plan allows a current shareholder to reinvest his dividends in the company in the form of shares rather than getting cash dividends. You have to own one share of the company previous to you can register in this plan.

3) Different from the above, you can also buy a single share through a specialized service. There are a lot of companies like single share that allow an investor to buy a single framed share in numerous leading corporations. Investors who want to register in a DRIP.



Leave a Reply