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| General Finance Discuss general personal finance issues and home accounting not covered on the other finance boards. |
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| General Finance Discuss general personal finance issues and home accounting not covered on the other finance boards. |
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get in touch with the legal authorities working in stock.
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Yeah you have to look at prices, maybe contact the company they might buy it back for the current market value, however if you do need to go through a broker, you might end up paying more than you get from selling, i know zecco charges $35 to transfer stock in from the paper form. or something like that, so if it is only worth a dollar you would pay 35 to get 1 so you would lose 34.
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Most brokers will sell the stock for you. The problem is if you only have one share it may cost you more to sell it then the stock is worth. If the share certificate looks "nice" and that's up to you, you may want to put it in a frame and hang it on a wall as a picture. It's a good icebreaker when people come over to visit. Tell a story about it.
When I was a stockbroker people would buy one share of Disney and put it into a picture frame because it had all kinds of pictures of Disney characters on it. Today it is difficult to get a paper stock certificate because they are expensive to produce and most are now electronic. Just an idea. RichS CFP(r) www.insimplelanguage.com |
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Selling common stock shares is not a difficult process, but can be expensive for someone that has no understanding of how common stock is bought or sold. Common stock shares are shares in an individual company that is sometimes called voting stock. For each share that is owned, the shareholder is entitled to one vote. Financialculture.com
Common shares are different from preferred stock in one important way: preferred shares do not give the shareholder voting rights but all dividends issued by the company will be paid out to preferred shareholders before common shareholders. Thanks |
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