dcsimg The Get Rich Slowly Forums • View topic - Direct Stock Purchase Investing

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A place for Get Rich Slowly readers to ask questions
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 Post subject: Direct Stock Purchase Investing
PostPosted: Wed May 09, 2012 11:32 am 

Joined: Wed May 09, 2012 11:27 am
Posts: 1
Just read a great book on the subject written Mkemo London - is anyone here participating in any of this type of investing? He lists several places you can begin with just $50. I was hoping to get advise before I "take the plunge". Thanks


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 Post subject: Re: Direct Stock Purchase Investing
PostPosted: Fri Jun 29, 2012 3:55 pm 

Joined: Thu Dec 30, 2010 4:59 pm
Posts: 62
Location: San Diego, CA
Nope. It does sound like a good idea however. There was actually a recent article here at GRS about direct stock investing. Report back on how it goes!


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 Post subject: Re: Direct Stock Purchase Investing
PostPosted: Tue Jul 03, 2012 7:10 am 

Joined: Fri May 04, 2012 2:23 pm
Posts: 818
I don't understand the advantage of direct stock purchasing over a mutual fund?

I've done it, and I have some accounts with piddly amounts of dollars, beaten up by the fees imposed by the managing institution. To each their own. You'll be far from diversified if you are talking about investing $50.

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