Since the Pound is much stronger than the Dollar, I'm thinking if the British stock goes up I will make even more money after I sell and convert from the British pound back into U.S. Dollars....
Im new to the stock market and im investing my first $1000. I was wondering if buying $1000 of apple stock right now would be a smart move. The stock is going for $106 right now, is this too high for ...
its been in the news quite a bit lately and i'm curious whether this indicates the coming of a recession? but what exactly does this mean for the everyday american?...
jpm earlier offered to buy out wm, and now the govt orchestrated a hostile takeover? is this legal? will I get anything?? can I sue the govt for stealing my money? will there be a class action ...
I am losing so much right now. I am in Vangard with well diversification.
I had $655,000. last Jan and now I have $505,000.00. I did make some withdrawls because I am retired>...
Many companies sell their stock directly through direct stock purchase plans (sometimes called DRIPS).. These plans typically charge no commission (although some charge small commissions) and typically offer free reinvestment of dividends.
A potential list of about 700 companies with links to the respective company websites is available at http://www.wall-street.com/directlist.html Look for the investor relations or direct stock purchase plan link at these company websites.
An example company is Yum Brands (Pizza Hut, Taco Bell, etc.). The info is at http://www.yum.com/investors/direct.asp
Other sources of information on this subject are available at Better Investing http://www.betterinvesting.org/
Better Investing low cost investing http://www.betterinvesting.org/about/lowcost/
Drip Investor http://www.dripinvestor.com/index.asp
AAII Journal June 2006 issue with a Guide to Direct Purchase Plans (possibly available at your library)
Yada Yada Yada
There are some companies that'll allow you free trades if you trade often enough and/or deposit enough money with them.
Just click on a few of the financial websites such as Yahoo Finance, and bigcharts.com, thestreet.com, etc. and you'll start to get a feel for who offers what.
Then, just click over to the brokerage's website to see what their basic rates are. After that, you can negotiate with them to get a better deal.
Good luck!
ums
companies will never charge for buying their shares.In secondary markets you should pay brokerage and service tax on the value of the share purchased
Robert J
You usually buy shares through a broker, although some larger firms may have direct share purchase programs. However, some brokerages, like Wells Fargo (maybe B of A, too) offer commission-free trading for stocks but you won't get much help in terms of advice & trading tools. Also, they will probably charge commissions on securities like options and other derivatives
rohit k
the broker charges commision not companies. So ask your broker for a commision related queries. Commission is the main income for brokers and i think they'll not buy or sell shares unless they charge commission.