Showing posts with label full. Show all posts
Showing posts with label full. Show all posts

Monday, August 24, 2015

How to Buy Sprint Stock


Find a broker. These are companies like E*trade, Ameritrade, and others that allow you to buy and sell stock. There are two major types of brokers. Full service brokers provide many investor support services, such as research on companies and advice on stocks. Discount brokers charge less of a commission for trades, and some offer online research services, but will not have as many investor services as full service firms.
Decide how much money you want to invest in Sprint stock.
Find the current price of Sprint stock. The full company name is 'Sprint Nextel Corporation', and the stock symbol is: NYSE:S. Online brokers will have a search function on their websites, but you can also find stock prices without a broker through Google Finance or similar personal finance websites. (See Resource 1.)
Divide the amount of money you want to invest by the current price of Sprint stock to determine how many shares you should buy.
Place the order with your broker. Online brokers will have account management options that allow you to buy stock through their websites. Some online brokers will also have you register a bank account or debit card to cover payments for stock; payment will either be taken out automatically as you buy stock, or you will need to send a payment through their websites after purchasing. Other online brokers, such as Charles Schwab, allow you to deposit money into a brokerage account and use those funds to purchase stock.

Friday, August 14, 2015

How to Fill Out a Stock Transfer Statement (4 Steps)


Complete the personal information section of the stock transfer form. Enter your name exactly as it appears on the brokerage statement. For instance, if the shares are registered to James A. Smith, use that full name instead of simply Jim Smith. Also complete your address, phone number and social security or taxpayer ID.
Enter complete information for the recipient of the shares. If you are donating the stock to a charity, provide the complete name of the organization. Enter the taxpayer ID or social security number of the individual or entity receiving the stock.
Take the completed stock transfer form, and a copy of your brokerage statement, to a financial institution that can provide a medallion stamp. Most banks, credit unions and brokerage firms can provide this stamp, but it pays to call and ask before heading out. Sign the transfer form in the presence of the individual providing the stamp. If the stock is jointly owned, both owners must sign the form.
Copy the entire transfer form and keep the copy for your records. Mail the completed form to the address listed on the form.