I want to buy a couple shares of stock & grasp the licence?

What's it called to buy a couple shares of stock & cheapest agency to get the pass? I looked at www.oneshare.com and
http://www.singleshare.com/ but both have a $39 verbs fee-- how do i get the qualification w/out this fee (what is that payment anyways??)

THANKSSSS!

Stock split and shares purchasing.?



Answers:   If you are buying these stocks as a gift for someone, consequently I could see reason to do this.

If you are doing this for yourself, it is not a obedient idea.

The costs of "order out" the certificates can be expensive. If it cost your $39 within fees to buy a $39 stock, basically the stock have to double in price previously you break even. There is no way to carry around a fee, in recent times shop around for lower fees.

When I was at a top Wall Street firm we did not charge a excise to order out certificate. This may have changed very soon, I don't know. However, to have an details with a top firm you requirement top dollars too.

Best to hold stocks in "street name" - at the brokerage or mound where purchased.

Even if the wall or broker goes beneath, the stocks are SIPC protected. The only channel to lose is if the stock company goes BK.

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Its call buying stock, that's all.

surrounded by order to catch the certs you are going to have to reward, no way around that unless you own a sweet tongue.

The costs are not frivolous either. The brokerage have to contact the transfer agents, own shares transferred on books, get certs printed appropriately blah blah blah. There is alot of work to do this, and to be exact where the fee's come from.

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