How To Buy A Single Share Of Stock
filed in Articles on Dec.08, 2008
Believe it or not, this is a question that many people don’t know the answer to.
After a little research you will find that it is very possible to buy a single share of stock.
Why would you want to buy only one share of stock?
There are many reasons why people want to buy one share of stock:
- wedding gift
- birthday present for a stock enthusiast
- maybe even a newborn baby
- to receive the certificate of ownership
- many more
How do you go about buying one share of stock? Especially if you don’t have a broker…
Don’t worry, you don’t need a broker to buy a single share of stock. Today there are a couple of companies that cater to this “one share” market. Oneshare.com offers the service of transferring the ownership of one share of stock, framing the stock certificate, and sending it to the recipient. Oneshare.com has an extensive catalog of stocks to choose from, but if they do not offer a certain stock, you will need to buy it through a brokerage firm. Most brokerage firms will mail you a certificate of ownership for stock, but it can take up to six weeks.
The single share of stock is a gift, what do I need to buy the stock?
You will need the following to purchase stock for another person:
-Social Security Number
-Recipients Address
Regardless of which path you choose to purchase your one share of stock, remember, it is still an investment…
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