UnThreaded | Threaded | Whole Thread (8) | Ignore Thread Prev | Next
Author: xroads One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 27820  
Subject: Suretrade DRIP help Date: 5/2/1999 10:42 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
I'm the proud owner of Intel stock that was purchased through the company's DRIP program. The shares are currently managed through the Harris Trust and Savings Bank. I have the stock certificates.

My regular brokerage account at Suretrade offers DRIP investing, but fractional shares are not purchased (shares are only bought when sufficient dividends have accumulated). To simplify my life (nice thought, I suppose) I have considered sending the stock certificates to be deposited in my Suretrade account ... I guess I don't like the responsibility of holding/protecting stock certificates.

Is this a stupid idea? What gain/loss will this action create for me?

As it is, those fractional shares at Harris Trust aren't doing much for me anyway ...

Fool ya later,
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (8) | Ignore Thread Prev | Next


Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Post of the Day:
Saul's Investing Discussions

Why Did I Buy a Bunch of PFIE Today?
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.