Comments on: Buy Stocks Directly at ComputerShare: The Complete Process

By: MoneyEnergy

MoneyEnergy — Sun, 24 Aug 2008 02:22:32 +0000

Nice post, well explained. I love DRIPs. I’ve also written quite a bit about them on my site. I’m a Computershare user, have been for just about ten years now. I own about 15-16 DRIPs this way. It’s really the best option for the average person, in my opinion.

By: Sun

Sun — Wed, 04 Jun 2008 02:07:42 +0000

Saul: To buy J&J from ComputerShare, you will have to buy one share from a discount broker first, then tell the broker to transfer that share to ComputerShare. Once you are a investor, you can participate the direct investment plan with ComputerShare.

By: Saul Brightman

Saul Brightman — Fri, 23 May 2008 14:17:14 +0000

How to I open a separate account and buy J & J stock directly?

By: Stocks on Sale » Buy Stock Directly at ComputerShare: The Complete Process

Stocks on Sale » Buy Stock Directly at ComputerShare: The Complete Process — Wed, 14 May 2008 20:24:10 +0000

[...] support@todaysfinancialnews.com (TodaysFinancialNews.com LLC) wrote an interesting post today onHere’s a quick excerptIn addition to minimum initial investment, there are other factors to consider before making a decision on whether it’s worth it to buy stocks from ComputerShare instead of from a discount broker. Of those factors, what I concern the … [...]

By: drip investing

drip investing — Tue, 22 Apr 2008 04:33:32 +0000

I think the biggest advantage of Computershare DRIPs and Sharebuilder is the dollar cost averaging (investing by $, not by whole share amounts). If that is not an issue because you plan on buying whole lots, then discount brokers are the way to go. Getting separate account statements and keeping track of everything with DRIPs is not worth the hassle.

By: Contrarian Finance

Contrarian Finance — Thu, 17 Apr 2008 20:22:08 +0000

Investing 101: Dividend Reinvestment Plans (DRIP)…

First, what heck is a Dividend Reinvestment Plan or DRIP, anyway? Well, the short answer is that a DRIP is a specific type of investment plan, whereby the dividends you would be paid from a given stock (say, Citigroup) are instead automatically reinves…

By: Sun

Sun — Wed, 16 Apr 2008 03:03:07 +0000

Frankie: I also bought my first DRIP share from Equiserve before the merger with Computershares was completed. It happened sometime last years that I had to create a new account with Computershare. And yes, it’s good to have one login to view all the investments. Also, when I bought my first DRIP share, somebody mentioned I have to track all the dividend distributions myself, which could be a headache at tax time. That I guess isn’t true because Computershare does provides 1099-DIV forms.

By: newt

newt — Tue, 15 Apr 2008 18:20:17 +0000

sun, thanks for the walk-through… i too have bought several stocks through computershare [and the old equiserve] over the years. nice thing is you no longer need to login to each holding separately, computershare now has a single login so i can see and manage all my drip investments.

By: Links: New Redesign Edition

Links: New Redesign Edition — Sun, 13 Apr 2008 16:39:52 +0000

[...] Financial Diary reviews the process of buying stock at ComputerShare. I have never heard of this company, but it sounds [...]

By: Friday Finance Findings For April 11th - SmartyPig Winners Edition : Generation X Finance

Fri, 11 Apr 2008 15:05:34 +0000

[...] Buy Stocks Directly at ComputerShare - The Sun gives a detailed look at how you can begin buying stocks directly through either DSPP or DRIP plans with ComputerShare. [...]

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loan in canada — Fri, 11 Apr 2008 12:23:41 +0000

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By: Frankie

Frankie — Thu, 10 Apr 2008 05:14:09 +0000

Sun, thanks for the previous posts on the same topic. They helped me go through the purchase of PGN DRIP. It was good that you went through the process using computerShare in this post. I had trouble setting up my account online using computerShare(formerlyEquiserve), but I discovered that you have to set it up via the computerShare website.

By: Sun

Sun — Thu, 10 Apr 2008 04:46:15 +0000

Chengdi: Thanks for the correction. I must have thought something else though I also buy BAC shares. And I am glad you found something useful from this blog

By: Chengdi

Chengdi — Thu, 10 Apr 2008 04:22:28 +0000

Sun, there is no fee for additional purchase for the Bank of America DRIP with Computershare. (There are a $10 initial setup fee and sale fee and that’s all)

I have been doing the Bank of America DRIP since last December thanks for the information from you blog.

By: Sun

Sun — Thu, 10 Apr 2008 01:13:56 +0000

Jesse: I don’t really think you can compare Zecco and Computershare, because the latter is not a broker. It’s more like an aggregator of direct investment plans offered by individual company that charges different fees.

For Zecco, I don’t have a positive experience with them and the only thing I do like is the commission free trading. Their website is difficult to use and their customer service is bad. I think Zecco is only worth for small investors who buy stocks in a small amount often. If you buy stocks in a large amount once in a while and are the buy-and-hold kind of investor who don’t trade a lot, then paying $0, $4, or $7 commission doesn’t really matter. There are many better brokers out there that provider investors friendly interface and good customer service. That’s why I only have a very small “play” account with Zecco so I can do 10 transactions every month

For Computershare, it really depends on the plans. If you can find a plan that charges a little or no fee for making regular purchase (for example, Bank of America charges 2 cents per share for additional purchase), then Computershare could be very useful in building a dividend-paying portfolio slowly. What I like Computershare best is that it allows me to buy stocks on a dollar amount not the number of shares (dollar cost averaging). You are not going to find that with any other brokers (except Sharebuilder, but Sharebuilder is much more expensive).

By: STLPlace

STLPlace — Wed, 09 Apr 2008 19:28:29 +0000

Nice explaination, Sun.

But I don’t like PFE the stock. I sold mine at my sharebuilder account earlier this year. With the dividend reinvesting, my original 12.xx shares at 27.xx a piece becomes 14.xx shares, I took a small loss.

PFE has nice dividend now, but its pipeline is very weak.

By: Jesse

Jesse — Wed, 09 Apr 2008 17:01:38 +0000

Sun in all honesty: Zecco or Computershare in your opinion?

By: How much money do I need » Buy Stock Directly at ComputerShare: The Complete Process

Wed, 09 Apr 2008 04:40:37 +0000

[...] lee.mcdonald@ambest.com (A.M. Best Company) wrote an interesting post today onHere’s a quick excerptIf you’re also considering investing with ComputerShare, but haven’t started the process yet, then this post will give you a rough idea of what it takes to buy dividend paying stocks from ComputerShare. In this post, I will use Pfizer … [...]