While you avoid a "brokerage account," these transfer agents often charge: ($10–$50). Transaction fees per purchase. Sales fees when you eventually want to cash out.
Not all companies offer them; usually involves setup fees. 2. Dividend Reinvestment Plans (DRIPs) where can i buy stocks without a broker
Instead of the company sending you cash dividends, they automatically use that money to buy more shares (or fractional shares) of their stock. While you avoid a "brokerage account," these transfer
Many large, publicly traded companies allow you to buy shares directly from them. While you avoid a "brokerage account