How to buy stock.

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Posted: 10/17/2016 9:06:00 AM EDT

Fast explanation.
My mom died last may, and for years she told my brothers and I, "Do NOT sell the FAKESTOCKNAME stock when I die. Just transfer it equally between your brothers"

Well, Our trustee (The bank) sold all the stocks she had, and just wrote us checks.

I want to re-buy the exact same stocks.

Does it matter if I buy through my TD account vs buying direct?

The stock I will be buying, has spun off several other companies which my mom received 1:1 shares of the new companies for free.

If I don't buy direct, will I still get the benefit of the spinoffs if/when they occur?

Posted: 10/17/2016 10:09:34 AM EDT

[#1]

make your investments decisions based on fundamentals and investment goals. Do not make investment decisions based on emotions or sentimental feelings. Just saying.

Posted: 10/17/2016 11:14:54 AM EDT

[#2]

Yep

I'm not new to investing. I'm basing this one stock purchase off of success of my family's trust.

Posted: 10/17/2016 11:24:02 AM EDT

[#3]

OP, I don't believe that you're able to buy stock direct, you need to use a broker. i.e. you can't go to Cisco and say "I want to purchase some shares please." That won't be allowed as far as I know.

As for getting the exact same stock you were bequeathed by your mother, that's not going to happen. Those shares have gone back into the collective pool of available shares and may have been purchased by someone else. That's not saying you can't purchase existing shares in the same company if they're available.

If you purchase stock in the same company as you had before, then you will receive current shares. They will already be adjusted for current splits and will not include shares from any other companies.

I could be wrong on this.
I am not a financial expert.
I did not stay in a Holiday Inn Express.
I can't even pick winning football teams.
Take this advice for what you feel it's worth.

Posted: 10/17/2016 11:32:21 AM EDT

[#4]

Quote History

Quoted:
OP, I don't believe that you're able to buy stock direct, you need to use a broker. i.e. you can't go to Cisco and say "I want to purchase some shares please." That won't be allowed as far as I know.

As for getting the exact same stock you were bequeathed by your mother, that's not going to happen. Those shares have gone back into the collective pool of available shares and may have been purchased by someone else. That's not saying you can't purchase existing shares in the same company if they're available.

If you purchase stock in the same company as you had before, then you will receive current shares. They will already be adjusted for current splits and will not include shares from any other companies.

I could be wrong on this.
I am not a financial expert.
I did not stay in a Holiday Inn Express.
I can't even pick winning football teams.
Take this advice for what you feel it's worth.

View Quote

I believe I have purchased stock in other companies directly in the past.
I must not made of myself clear. I'm not looking at purchasing the actual same physical certificates.

I am wanting to purchase stock in the same company.

My actual question is if there is any difference between buying stock direct through their investor relations department, or buying through my TD Ameritrade account.

Posted: 10/17/2016 12:10:27 PM EDT

[#5]

Quote History

Quoted:

I believe I have purchased stock in other companies directly in the past.
I must not made of myself clear. I'm not looking at purchasing the actual same physical certificates.

I am wanting to purchase stock in the same company.

My actual question is if there is any difference between buying stock direct through their investor relations department, or buying through my TD Ameritrade account.

View Quote View All Quotes

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Quote History

Quoted:

Quoted:
OP, I don't believe that you're able to buy stock direct, you need to use a broker. i.e. you can't go to Cisco and say "I want to purchase some shares please." That won't be allowed as far as I know.

As for getting the exact same stock you were bequeathed by your mother, that's not going to happen. Those shares have gone back into the collective pool of available shares and may have been purchased by someone else. That's not saying you can't purchase existing shares in the same company if they're available.

If you purchase stock in the same company as you had before, then you will receive current shares. They will already be adjusted for current splits and will not include shares from any other companies.

I could be wrong on this.
I am not a financial expert.
I did not stay in a Holiday Inn Express.
I can't even pick winning football teams.
Take this advice for what you feel it's worth.

I believe I have purchased stock in other companies directly in the past.
I must not made of myself clear. I'm not looking at purchasing the actual same physical certificates.

I am wanting to purchase stock in the same company.

My actual question is if there is any difference between buying stock direct through their investor relations department, or buying through my TD Ameritrade account.

I'm not sure what you are trying to accomplish exactly, most (not all, most) companies don't issue certificates anymore even by request. So essentially it's just words on a computer screen.

Google the company, if it was bought out or merged, etc, you aren't going to be able to buy stock in the old company.

Posted: 10/17/2016 12:23:34 PM EDT

[#6]

I'll break it down to its simplest form....

Is there ANY benefit to buying stock directly through an investor relations department over an online broker?

Posted: 10/17/2016 12:30:57 PM EDT

[#7]

Quote History

Quoted:

I believe I have purchased stock in other companies directly in the past.
I must not made of myself clear. I'm not looking at purchasing the actual same physical certificates.

I am wanting to purchase stock in the same company.

My actual question is if there is any difference between buying stock direct through their investor relations department, or buying through my TD Ameritrade account.

View Quote View All Quotes

View All Quotes

Quote History

Quoted:

Quoted:
OP, I don't believe that you're able to buy stock direct, you need to use a broker. i.e. you can't go to Cisco and say "I want to purchase some shares please." That won't be allowed as far as I know.

As for getting the exact same stock you were bequeathed by your mother, that's not going to happen. Those shares have gone back into the collective pool of available shares and may have been purchased by someone else. That's not saying you can't purchase existing shares in the same company if they're available.

If you purchase stock in the same company as you had before, then you will receive current shares. They will already be adjusted for current splits and will not include shares from any other companies.

I could be wrong on this.
I am not a financial expert.
I did not stay in a Holiday Inn Express.
I can't even pick winning football teams.
Take this advice for what you feel it's worth.

I believe I have purchased stock in other companies directly in the past.
I must not made of myself clear. I'm not looking at purchasing the actual same physical certificates.

I am wanting to purchase stock in the same company.

My actual question is if there is any difference between buying stock direct through their investor relations department, or buying through my TD Ameritrade account.

No.

AFAIK, there is no way to buy through "investor relations". Maybe through a DRIP.

Posted: 10/17/2016 1:39:01 PM EDT

[#8]

Quote History

Quoted:
I'll break it down to its simplest form....

Is there ANY benefit to buying stock directly through an investor relations department over an online broker?

View Quote

No.

Investor relations is usually going to refer you to an outside broker. I'm not aware of any that actually sell stock directly.

Most online brokers charge 10 bucks for a trade. You're over analyzing this. Even if you can buy direct for 7, how much is 3 dollars really worth.

Posted: 10/17/2016 2:16:45 PM EDT

[#9]

Quote History

Quoted:

No.

Investor relations is usually going to refer you to an outside broker. I'm not aware of any that actually sell stock directly.

Most online brokers charge 10 bucks for a trade. You're over analyzing this. Even if you can buy direct for 7, how much is 3 dollars really worth.

View Quote View All Quotes

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Quote History

Quoted:

Quoted:
I'll break it down to its simplest form....

Is there ANY benefit to buying stock directly through an investor relations department over an online broker?

No.

Investor relations is usually going to refer you to an outside broker. I'm not aware of any that actually sell stock directly.

Most online brokers charge 10 bucks for a trade. You're over analyzing this. Even if you can buy direct for 7, how much is 3 dollars really worth.

I just wanted to make sure if there is a spinoff or stock split, that I get it.

I think everyone else was over-analizing it.

Posted: 10/17/2016 2:18:09 PM EDT

[#10]

So the answers to the OP are:

No

and

Yes

Thanks!!

Posted: 10/17/2016 2:36:04 PM EDT

[#11]

Quote History

Quoted:

I just wanted to make sure if there is a spinoff or stock split, that I get it.

I think everyone else was over-analizing it.

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View All Quotes

Quote History

Quoted:

Quoted:
I'll break it down to its simplest form....

Is there ANY benefit to buying stock directly through an investor relations department over an online broker?

No.

Investor relations is usually going to refer you to an outside broker. I'm not aware of any that actually sell stock directly.

Most online brokers charge 10 bucks for a trade. You're over analyzing this. Even if you can buy direct for 7, how much is 3 dollars really worth.

I just wanted to make sure if there is a spinoff or stock split, that I get it.

I think everyone else was over-analizing it.

I think that happened also.

Posted: 10/17/2016 5:17:39 PM EDT

[#12]

Quote History

Quoted:
I'll break it down to its simplest form....

Is there ANY benefit to buying stock directly through an investor relations department over an online broker?

View Quote

The investor relations dept will most likely direct you to an outfit like Computer Share. The investor relations page on the company website will direct you to such a service if it is available. (It may not be). Some cos, but not all, will sell you shares direct to get started in a dividend re-investment program.

There are pros & cons either way. Most brokers will now re-invest dividends for you..

There are still a handful of cos with DRIPs which will let you re-invest your dividends in the stock at a discount. WTR, for example. This can be a good approach.

Other than the discount price on rej-invested dividends, there is not a great deal of difference.

Posted: 10/18/2016 3:26:19 PM EDT

[#13]

Companies no longer sell stock direct to the public. They will tell you to go to a broker or to their their management company like Compushare.
I purchased some stock direct 35 years ago. I still own it but the certificates were called in decades ago to be recorded by their management company.

I am not exactly sure what you mean by benefits of the spinoff.

If your family owned the stock and there were splits/spinoffs before the bank cashed you out, your family will have the benefit of all the splits/spinoffs. However since the bank sold you out then you must have received the cash for the original plus spinoffs.

If you purchase the same original stock company today, you would NOT get the benefits of past splits/spinoffs. You will get the benefit of any future split/spinoffs regardless of whether you purchased it Compushare or a broker

Posted: 10/18/2016 9:12:54 PM EDT

[#14]

you can buy quite a few companies shares on Computershare thru a DRIP with little or no fee, i have several

Posted: 10/18/2016 11:35:12 PM EDT

[#15]

Quote History

Quoted:

I just wanted to make sure if there is a spinoff or stock split, that I get it.

I think everyone else was over-analizing it.

View Quote View All Quotes

View All Quotes

Quote History

Quoted:

Quoted:
I'll break it down to its simplest form....

Is there ANY benefit to buying stock directly through an investor relations department over an online broker?

No.

Investor relations is usually going to refer you to an outside broker. I'm not aware of any that actually sell stock directly.

Most online brokers charge 10 bucks for a trade. You're over analyzing this. Even if you can buy direct for 7, how much is 3 dollars really worth.

I just wanted to make sure if there is a spinoff or stock split, that I get it.

I think everyone else was over-analizing it.

all that stock split, dividend date etc have to do with when you actually owned the stock. The stock does not care where it is held.