Does anyone know if it's possible to purchase only one share of stock in a company. I need something besides onestock.com. The added fees and shipping is too expensive. It may make a nice starter gift for someone.
search google for "direct purchase of stock". There are over 1500 companies that allow you to purchase stock directly. another option is to use sharebuilder.com, they charge a $4 fee to buy a share of stock.
A few years ago, I bought one share of stock from Coca Cola and requested the stock certificate. Etrade charged me only $5 to send the certificate, plus I had to pay the regular trading fees. I wanted it, cause I collect coke related stuff.
you can easily buy 1 share of stock. they make great gifts to kids.
i remember hearing that if you bought one share of stock in coca cola in the early 1900's, by now with splits, dividends, and apprecation, the value was something along the lines of 60k
I have heard that you can get great benefits such as a serious discount on Disneyland/Disney World admissions by owning shares of Disney - even one share.
qkslvr said:search google for "direct purchase of stock". There are over 1500 companies that allow you to purchase stock directly. another option is to use sharebuilder.com, they charge a $4 fee to buy a share of stock.
They charge you only $4 to buy the stock, but if you want the certificate they charge you more. I have Disney stock and they sent me a certificate for free when I requested one. The thing is different companies charge different prices.
OP you may want to check out the investor relations page on the companies web site for which you want to buy the stock. They may have what you want right there.
Actually OneShare.com is the site that I really meant. I don't know where I got onestock.com from! Anyway OneShare.com is too pricey for me! Maybe I should just open a brokerage account and purchase only one share? Probably not!
If you are a Costco member, you can open a Sharebuilder account and get a $50 bonus for opening it, than pay $4 to buy the one share, I'm not sure how much they charge to deliver the stock certificate, but getting $50 free should cover it easily.
Why not just by Treasury Bonds as gifts and not give some other company more money for pointless extra fees that they get when you purchase that one stock. add in the fess for cashing in that one share, assuming that the company doesn't tank, then you will have just wasted money for no reason. Owning one share doesn't provide any real incentive or sense of participation.
If you really want to make a learning gift, play some virtual stock game. Allow the person to choose $xx of their stock and have them track it over a month. If it comes out ahead, consider giving them the money they would have earned (especially if a young student leaning of finance).
With T-Bills there are no fees involved, you can purchase at any bank and you can cash them at any bank. They are guaranteed by the full faith of the government and they will not lose value. For the uninitiated, you can purchase the half-value bills, so one may even think their T-Bill is worth 2x the actual value (i.e. purchase a $100 bond for $50 that only reaches face value over time).
StevenColorado said:I have heard that you can get great benefits such as a serious discount on Disneyland/Disney World admissions by owning shares of Disney - even one share.
Unfortunately that hasn't been the case for many years now.
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