« POPE IV Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

Direct Stock Purchase Plans 

By: Zimbler0 in POPE IV | Recommend this post (2)
Fri, 02 Feb 18 8:07 AM | 79 view(s)
Boardmark this board | POPES NEW and Improved Real Board
Msg. 43323 of 47202
Jump:
Jump to board:
Jump to msg. #

I assume most of you know what I am talking about.

Instead of going through a brokerage one goes through
a transfer agent and buy the shares 'directly'.

I find it great for making and holding long long long
term investments.

Advantages : One can (usually) make smaller purchases
over time. Increasing holdings. Most also offer
dividend re-investing (automatically) and allow for
ownership of partial shares.

Disadvantages : One doesn't really know what price the
shares will be bought for till some time after the
purchase. One can also not 'sell quickly' and one will
usually not know the sale price till after it is all
said and done.

Overall I really like them.
But I am a 'buy and hold' kind of guy.

(I've owned some of my Dominion Resources stocks for
over twenty years now.)

Zim.




Avatar

Mad Poet Strikes Again.


- - - - -
View Replies (2) »



» You can also:
« POPE IV Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next