I am a new investor nad I have been able to find the answers to all of my other questions. I don't want to place an order for 50 shares of stock, only to find out the mimimum required is 100.
Thank you
2007-01-14 09:55:19 · 8 answers · asked by Pamela H 1 in Business & Finance ➔ Investing
Many companies sell thier stocks directly. Go to the company site and see if yours is one. Most of the time the minimum is $500 or $250. Some have Dividend ReInvestment Programs (DRIPs)
2007-01-14 11:13:31 · answer #1 · answered by mferunden 2 · 0⤊ 0⤋
Many many companies you buy stock directly from with out a broker and you can find out their minimum initial investment by contacting the company and requesting a prospectus. They are free.
Search the web here for "direct stock purchase plans" for the companies that will sell directly to you. Keep in mind there are more companies you can buy from that what you will find here in a list on the web.
The companies I bought from have an initial investment of as low as $50.oo, the number of shares are not looked at but rather a dollar amount.
Good luck and have fun investing !!
: )
2007-01-14 11:54:05 · answer #2 · answered by Kitty 6 · 0⤊ 0⤋
For $4 per trade, you can buy 1 share of stock at www.sharebuilder.com. To sell is around $17 so unless the one share is Berkshire Hawathy at about $90,000 per share, it may only pay to save enough money until you can buy 50 or 100 shares.
2007-01-14 11:40:30 · answer #3 · answered by gosh137 6 · 0⤊ 0⤋
Usually the order is for a lot of 100 called the block. You can buy in shorter nubmers from an odd lot trader who handles in 1's and 2's.
2007-01-15 03:23:33 · answer #4 · answered by Mathew C 5 · 0⤊ 0⤋
You can buy a single share if you want, but they charge the same fee as 100 shares. There are places to buy just one share, if you don't want to go through a brokerage. Try www.dripinvestor.com, www.better-investing.com or www.moneypaper.com. Really, though, you can buy any amount of shares.
2007-01-14 10:16:47 · answer #5 · answered by Katherine W 7 · 0⤊ 0⤋
find a new broker if there is a 100 share minimum
2007-01-14 11:28:08 · answer #6 · answered by Anonymous · 0⤊ 0⤋
If you are referring to buying stock on an American exchange, there is no minimum.
2007-01-14 10:01:26 · answer #7 · answered by Always Right 7 · 0⤊ 0⤋
The minimum is one share.
2007-01-14 17:27:59 · answer #8 · answered by Anonymous · 0⤊ 1⤋