Re: Selling Stock

On 2008-05-03 11:39:58 -0700, Paul Michael Brown <pmb@[EMAIL PROTECTED]
> said:

> It might also be possible to sell the stock directly to the company that
> issued it. I know General Motors will buy back its own stock in this
> manner. You just Fedex the old certificates back to them and they send
> you a check. This is a very easy way to avoid the hassle associate with
> selling small amounts of stock.

A good idea. And now that you mention it, that also is a good way to 
buy stocks in the first place. I am referring to dividend reinvestment 
plans (DRIPs). When I first looked at these some years back, I was 
surprised at the large number of good companies from which you can buy 
shares directly, in small or large amounts, with no hassle and no 
brokerage costs. And you get the added benefit of having all dividends 
re-invested automatically without cost.

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