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Someone would like to buy one my MSFT shares because I am part of there DRIP and it's brokerage fees are extremely cheap, is it illegal if they just give me cash for it, and then I just fill out a transfer of ownership form?

2006-08-14 16:56:09 · 4 answers · asked by Anonymous in Business & Finance Investing

4 answers

Perfectly legal. I have done it for my children. Be certain to fill out the reverse of the certificate correctly. The only purpose of a broker is to find buyers and sellers. You have found one on your own.

2006-08-15 01:06:49 · answer #1 · answered by Anonymous · 0 0

Hi, i know what your question means. i also think stock market is a nice place for investing.

I found some useful tips in stock trading. It includes stock basics, how to protect your profit, find a potential increase share, control and manage stock risk, when to sell/buy stock and so on.

http://www.bernanke.cn/stock-trade/

Best Wishes && Good Luck!

2006-08-14 17:26:40 · answer #2 · answered by stock_trade_expert 3 · 0 0

if you are in India than it is illigal . Without paying STT ( Security Transction Tax) all transaction in the stock market is illigal

2006-08-14 18:16:46 · answer #3 · answered by rakshaagro 3 · 0 0

read tips and articles on stocks and investing that will help you on this site

2006-08-14 17:07:10 · answer #4 · answered by Anonymous · 0 0

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