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.
paydirt
Member
posted: Feb. 14, 2005 @ 3:04p
Its possible but you will always have extra fees if you want to hold the stock in physical form.
tdiddy
Senior Member
posted: Feb. 14, 2005 @ 3:09p
$40.00 is a common certificate fee. You should see if the company has direct purchase available, though I suspect you already have.
qkslvr
Member
posted: Feb. 14, 2005 @ 3:12p
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.
Greg62
Senior Member
posted: Feb. 14, 2005 @ 3:15p
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.
mikeshecky
Thrifty Member
posted: Feb. 14, 2005 @ 4:26p
I've used this site before. Great gift for kids, and very simple to order:
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!
Cherry
Alexlitov
Member
posted: Feb. 14, 2005 @ 4:38p
You can also do it at ex24.com even though there is a limited list of companies.
It's definitley possible, checkout BRK-A. 1 share is all you need.
oldye
Senior Member
posted: Feb. 14, 2005 @ 5:44p
wutsdadealio said: It's definitley possible, checkout BRK-A. 1 share is all you need.
thats what i was gonna say
Greg62
Senior Member
posted: Feb. 14, 2005 @ 5:51p
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.
mblitch
Thrifty Member
posted: Feb. 14, 2005 @ 6:00p
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).
tdiddy
Senior Member
posted: Feb. 14, 2005 @ 6:47p
www.OneShare.com and www.onestock.com lead to the same site.
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.
fyleow
Senior Member
posted: Feb. 14, 2005 @ 11:32p
I just checked with Ameritrade, $40.
durin
Senior Member
posted: Feb. 15, 2005 @ 7:20a
Scottrade is $25 plus the trading fee ($7)
deezer
Member
posted: Feb. 15, 2005 @ 11:57a
Here are a few sites to get you started:
www.moneypaper.com (Buy a share or more of stock directly from the company - cheap service fees)
www.netstockdirect.com (Listing of several companies that allow direct stock purchase and how to get it)
www.equiserve.com ( Transfer agent who you can buy stock from specific companies from with no or little service fee - There's more transfer agents like equiserve who allow the purchase of a share of stock, many can be found just by going to the company's website who you are interested in buying stock from)
There are two other codes for OneShare.com - not as good - at currentcodes.com
pyc103
Member
posted: Feb. 15, 2005 @ 1:55p
If you have the paper stock certificate, how or where can you sell it back?
Greg62
Senior Member
posted: Feb. 15, 2005 @ 2:00p
pyc103 said: If you have the paper stock certificate, how or where can you sell it back? You mail the stock certificate to a broker, or ameritrade, etrade, scottrade, etc. They post it to your account and you can than sell it.
KrayzyAzn
Senior Member
posted: Feb. 15, 2005 @ 3:39p
wutsdadealio said: It's definitley possible, checkout BRK-A. 1 share is all you need. still saving up for that one share..
txrocks
Addicted Member
posted: Feb. 16, 2005 @ 10:06a
Have you seen giveashare.com?
Looks good but with limited stock list.
and doesn't have the TEXAS limitation like OneShare.com
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