How to Buy Stock Direct From a Company and Make Money
Now that the stock market appears to be turning around, people may be wondering how to invest their hard earned money. You can buy stock direct from a lot of companies, and it is free!
There are quite a few companies that have direct purchase plans. They are either called DPPs or DRIPs. DRIPs, or Dividend Re-Investment Plans are the best. This means that the dividends you receive from your common shares of stock are reinvested, buying you more shares.
Buying stock directly from the company is a whole lot cheaper than what an online broker charges for commission. Most have a very small minimum to invest, and many will even waive administrative fees if you setup direct deposit from your bank account to invest on a monthly basis.
Decide where you want to invest, research the companies you are interested in, and hopefully you will get great returnsHow to Buy Stock Direct From a Company and Make Money
Now that the stock market appears to be turning around, people may be wondering how to invest their hard earned money. You can buy stock direct from a lot of companies, and it is free!
There are quite a few companies that have direct purchase plans. They are either called DPPs or DRIPs. DRIPs, or Dividend Re-Investment Plans are the best. This means that the dividends you receive from your common shares of stock are reinvested, buying you more shares.
Buying stock directly from the company is a whole lot cheaper than what an online broker charges for commission. Most have a very small minimum to invest, and many will even waive administrative fees if you setup direct deposit from your bank account to invest on a monthly basis.
Decide where you want to invest, research the companies you are interested in, and hopefully you will get great returns.
Now that the stock market appears to be turning around, people may be wondering how to invest their hard earned money. You can buy stock direct from a lot of companies, and it is free!
- There are quite a few companies that have direct purchase plans. They are either called DPPs or DRIPs. DRIPs, or Dividend Re-Investment Plans are the best. This means that the dividends you receive from your common shares of stock are reinvested, buying you more shares.
- Buying stock directly from the company is a whole lot cheaper than what an online broker charges for commission. Most have a very small minimum to invest, and many will even waive administrative fees if you setup direct deposit from your bank account to invest on a monthly basis.
- Decide where you want to invest, research the companies you are interested in, and hopefully you will get great returns.