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Why not request share certificates for shares you

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Post# of 86955
(Total Views: 618)
Posted On: 10/02/2021 11:32:04 AM
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Posted By: riskreward007
Re: Moneyguy #57072
Quote:
Why not request share certificates for shares you anticipate sitting on and put in a Bank safe Deposit Box?



An interesting idea. But it's rather cumbersome to get the stock certificates and not very liquid in terms of selling if the stock takes a big dip or dive and you want to sell or if you just want to sell some shares for other reasons.

Stock certificates can be expensive:
Be aware, though, that this request for stock certificates usually comes with a fee. Some brokers can charge as much as $500 for producing a piece of paper that certifies ownership of a number of shares.

Selling stock certificate shares:
There's a Direct Registration System (DRS) with the transfer agent that might make selling the shares easier (after someone has already gone to the trouble of getting the certificates).

How to Sell Stock Certificates
https://www.wikihow.com/Sell-Stock-Certificates




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