Buying Straight From the Source: AAII's 2008 Direct Purchase Plan Guide

    by Maria Crawford Scott

    Want a simple, low-cost way to invest in a firm?

    One approach is to go straight to the source. Currently, over 430 companies in the U.S. offer direct purchase plans, allowing you to buy shares directly from the company without a broker. In addition, a growing number of foreign firms also offer direct purchase plans through their ADR programs (for more on these plans, see page 20).

    Direct purchase plans are a form of dividend reinvestment plan, but in a traditional dividend reinvestment plan you must first enroll in the plan in order to participate, which means buying your initial shares through a broker.

    ...To continue reading this article you must be registered with AAII.

    Gain exclusive access to this article and all of the member benefits and investment education AAII offers.
    JOIN TODAY for just $29.
    Log in
    Already registered with AAII? Login to read the rest of this article.

    Register for FREE
    to read this article and receive access to future articles.
    → Maria Crawford Scott