Is it better to buy stocks direct from Bank of New York, Computershare, Amstock etc. or to use a online broker
Posted May 31st, 2009 by admin 1 Comment »
cybrstud23 asked:
I have shares in Pepsico, Exxon Mobil, Lockheed Martin, Toyota Motor Corp, and General Electric. I purchased all of these shares direct from the company using the sites mentioned above. Is it smart to buy stocks direct or should I use an online broker? Buying direct saves on fees, but I have noticed it can take up to 10 business days for these to post on my account. Would it help me in the long run to use a broker.
I have shares in Pepsico, Exxon Mobil, Lockheed Martin, Toyota Motor Corp, and General Electric. I purchased all of these shares direct from the company using the sites mentioned above. Is it smart to buy stocks direct or should I use an online broker? Buying direct saves on fees, but I have noticed it can take up to 10 business days for these to post on my account. Would it help me in the long run to use a broker.