Your on a tight budget but would like to be able to purchase stocks to build your nest egg. Here's how to get that egg rolling without paying a brokers commission.
The first thing you need to do is to find out if the company you are interested in participates in a direct stock purchase plans. You can find this out easily by going to the company website, or by visiting us.computershare.com.
Step2
Once you have gone to us.computershare.com and logged in, go to Investment Plans. You can research the direct stock purchase plans, or DSPP, some requiring as little as $50 to start.
Step3
Go to Buy Now and fill in all the required information. You can choose a one time investment or periodic investments.
Step4
They will send a W-9 form for you to sign and return. You are now on your way to creating that wonderful nest egg.
Tips & Warnings
You need to be aware of the potential risks of investing in stocks.