| You don't always have to pay a commission to buy | | | | invest. When you find a company that does have a |
| stock. Some companies allow you to buy and sell | | | | direct purchase plan, you should request a prospectus |
| their stock directly from them and if you choose this | | | | about the program to find out what its limitations are. |
| method, you will not have to pay any commission to | | | | Some programs require that you already own some |
| a broker. This is great for stock market beginners | | | | stock before you are allowed to purchase more |
| and people who just want to buy just a few shares. | | | | through the program. Many companies allow you to |
| Many American companies have this sort of plan | | | | buy more shares with no commissions with the |
| which is called a Direct Purchase Plan. Some of the | | | | dividends you earn on your existing shares. |
| top corporations who have this type of direct | | | | If you end up enrolling in their program, you will get a |
| purchase plan are Chevron, Pfizer, JP MorganChase. | | | | statement every time you make a transaction with |
| and others. | | | | them and you will get a 1099 tax form at the end of |
| If you are looking for this type of company, you | | | | the year detailing your activity. Buying stock through |
| might contact the investor relations department of | | | | a direct purchase plan is a great way to get involved |
| the company you wish to buy stock of to find out | | | | in the stock market if you are just starting out. |
| whether they will allow you to buy their stock | | | | Stocks for beginners is something that you will need |
| directly from them. If they do, they will be able to | | | | to invest a lot of time researching and this is just |
| give you all sorts of information that will help you | | | | another of the many ways to get involved. |