Comments on: Buy Stocks Direct with MoneyPaper’s Guide to Direct Investment Plans

By: MoneyEnergy

MoneyEnergy — Sat, 13 Jun 2009 18:21:34 +0000

@Jenn – yes, there are a few companies for whose DRIPs you can 100% bypass a broker, but they are not many. Usually you need a first share from a broker (or through a friend). And as for DRIPs with fees? Forget it – I don’t think they’re worth it. Might as well go the regular broker route – especially for Americans, for whom there are so many ways to do cheap trades with online brokers.

By: Jennismortal

Jennismortal — Sat, 13 Jun 2009 13:09:59 +0000

Some companies allow you to purchase or sell stock directly through them without your having to use or pay commissions to a broker. But you may have to pay a fee for using the plan’s services. Some companies require that you already own stock in the company or are employed by the company before you may participate in their direct stock plans. You may be able to buy stock by investing a specific dollar amount rather than having to pay for an entire share. In that case, you could have your checking account debited on a regular basis to make investments in the plan. Some plans require a minimum amount of investment or require you to maintain specific minimums in your account.

By: How To Get Started in Commission-Free, Fee-Free Investing | MoneyEnergy

How To Get Started in Commission-Free, Fee-Free Investing | MoneyEnergy — Wed, 15 Apr 2009 08:30:38 +0000

[...] Buy Stocks Direct with MoneyPaper’s Guide to Direct Investment Plans [...]

By: Why You Should First Invest in Dividend Reinvestment Plans (DRIPs) | MoneyEnergy

Fri, 13 Mar 2009 17:47:52 +0000

[...] addition to the above ways of enrolling in DRIPs, you can go with MoneyPaper. They’re an independent service that helps people enrol and get their first share, and I hear [...]

By: My Keys To Financial Success | MoneyEnergy

My Keys To Financial Success | MoneyEnergy — Sat, 14 Feb 2009 22:18:21 +0000

[...] you want to get into the American DRIP market, read my post about it here. There are going to be some really good buys now with the economy going the way it is. [...]