How to sell shares of stock without a broker
Stock Market : How to Buy Stock Without a Broker
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hello I'm Roger girl across app
management thank you for spending some
time with me today we're going to talk
about how you might be able to buy stock
without going through a stock broker
well the answer is in the old days you
couldn't you had to go through a stock
broker until 1974 when Big Bang happened
and Big Bang opened up the exchanges to
the discount brokers the discount
brokers then through a company called
Thomas F white securities developed the
first online trading system which
enabled you at your computer and it your
leisure to go in and enter orders to buy
and sell today most banks and brokerage
firms have the same thing and if you
want to get around having to speak with
the stock broker the easiest way to do
is to open an online trading account
they might ask you to to qualify
yourself and providing financials
initially or to put up cash to cover any
buys or sells ahead of time but
nonetheless once the account is set up
you can go in and just type in what you
ever you'd like to do to buy itself
there might be one other option no pun
intended for you you can actually go
directly to a company and by direct
stock from them so those are called
direct stock purchase plans and the
difference is that in a direct stock
purchase plan you probably pay less
Commission's initially than you would if
you were buying stock through a broker
maybe not as low as a discount broker
though there might be some other things
that you think about in there such as
gifting and which way is easier to do it
in a rate those are the two ways either
go directly to the company and buy stock
and you go to their website typically in
a public company type in direct stock
purchase plans and up will come their
info or you can go to your local
discount or a full-service broker and
buy stocks there through their online
trading operations I'm Roger crow and
thank you for spending a few minutes
with me
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