A stockbroker is someone who invests your money until it is all gone. -- Woody Allen

Tired of seeing brokerage commissions and ask-price percentages eating into your return? Online brokerage services offers trading stock for the cost of a couple of lattes, but are you aware of the nuisance fees? Well, you may be able to cut out the middleman and buy directly from the company. More than a thousand firms allows you to set up a Direct Stock-Purchase (DSP), Direct Purchase Programs (DPP), or Dividend Reinvestment Programs (DRIP). These are investment service that allows individuals to purchase stock directly from a company or through a transfer agent. Not all companies offer DPPs and the plans often have restrictions on when an individual can purchase shares.

To read more, please follow link: Direct Stock Purchase

(Personal Finance Management Guide by Marie Claire Cooper. It's all about good reading and smart information.)