Where to buy stocks as a gift?

wandernaut · 10-28-2009, 08:35 PM

Does anyone know where I can buy a share of stock/s for gifts? Transfer fees of oneshare.com and a like are too expensive and they take such a long time to process, plus I don't need the frame.

The Wise Buck · 10-29-2009, 03:07 AM

Hi,

Try www.foliofn.com I believe they may have that feature there.

Mike

wandernaut · 10-29-2009, 07:18 PM

I went through the foliofn website and I would have to use a custodial account if I want to purchase a stock for someone else, and I don't want to do that. Thanks for your reply though.

The Wise Buck · 11-01-2009, 07:26 PM

I just thought of something you can try. If you know of the company you want to purchase, try going direct to their website. Many companies have stock buying programs that are free of brokerage commissions and allow you to set up one time or continuous purchases.

The investors relations page should have that info.

Hope that helps.

Mike

BuildMyBudget · 11-02-2009, 10:15 AM

Does Scottrade have an option for this? Ironically their advertisement is popping up in this post, but I use them and I think they are fantastic.

10-28-2009, 08:35 PM	#1
wandernaut Junior Member Join Date: Oct 2009 Posts: 2 Thanks: 0 Thanked 0 Times in 0 Posts Reputation: (10)	Where to buy stocks as a gift? Does anyone know where I can buy a share of stock/s for gifts? Transfer fees of oneshare.com and a like are too expensive and they take such a long time to process, plus I don't need the frame.

10-29-2009, 03:07 AM	#2
The Wise Buck Member Join Date: May 2009 Location: Florida Posts: 62 Thanks: 2 Thanked 4 Times in 4 Posts Reputation: (14)	Hi, Try www.foliofn.com I believe they may have that feature there. Mike __________________ www.thewisebuck.com Wise Advice for Your Money and Life

11-01-2009, 07:26 PM	#4
The Wise Buck Member Join Date: May 2009 Location: Florida Posts: 62 Thanks: 2 Thanked 4 Times in 4 Posts Reputation: (14)	I just thought of something you can try. If you know of the company you want to purchase, try going direct to their website. Many companies have stock buying programs that are free of brokerage commissions and allow you to set up one time or continuous purchases. The investors relations page should have that info. Hope that helps. Mike __________________ www.thewisebuck.com Wise Advice for Your Money and Life

11-02-2009, 10:15 AM	#5
BuildMyBudget Junior Member Join Date: Oct 2009 Posts: 17 Thanks: 0 Thanked 0 Times in 0 Posts Reputation: (10)	Does Scottrade have an option for this? Ironically their advertisement is popping up in this post, but I use them and I think they are fantastic. __________________ Wouldn't you rather know where you are headed financially? www.BuildMyBudget.com Free $25 Gift Card

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10-29-2009, 07:18 PM	#3
wandernaut Junior Member Join Date: Oct 2009 Posts: 2 Thanks: 0 Thanked 0 Times in 0 Posts Reputation: (10)	I went through the foliofn website and I would have to use a custodial account if I want to purchase a stock for someone else, and I don't want to do that. Thanks for your reply though.

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