Best Direct Stock Purchase

we're here today to talk about how you would buy a stock from the business that you decided to invest in? Yes you can buy from a full service broker firm and pay full prices, yes you can buy directly from a discounted firm and buy pay cheaper commissions but also generally for big companies you can buy directly from that business, the advantages is that it might be that the fees are a little bit lower but generally the advantage is that it offers way to participate continually perhaps monthly directly into buying stocks. You can do that thru your 401 K plan, you can do that thru your ioray and set up automatically and you buy 100 dollars or 100,000 dollars or whatever the dollar amount might be monthly or weekly or whatever it is that you set up.

In addition frequently those plans offer a non expensive way to transfer stocks from you to somebody else, so for instance of you're a grandpa and you're setting for an education account for your grand child its a way for you to buy a stock and then transfer it in to your child’s name for free. Now you should check that for each company that you're considering doing, this is not true across the board but it's a wonderful way to give and it's a wonderful way to give cheaply. As to which one is best, well generally there are about the same operationally, the best one is really going to be about the best company that you can put you money into, now you and I can debate over what's best but if you're thinking 20 years, 30 years. 40 years, 50 years off the road the best company to me which seem to be the company that makes products that you use everyday whether times are good or you're in a recession, so for my point of view that means water, power, food, the basics of soap, things like that, name companies that I can think that might fall under that category, well Procter and gamble might one, nestle might be one, unilever might be one, those are just names that come into mind, are they the best?

I don't know but they've been pretty consistent in terms of their earning power. Interestingly the one company that does come to mind that is increased net income in dividends most frequently over the last 65 years is a company called RPM you can look it up, it's "rpm.com" they make rustolium among other things sounds kind of corny but it works pretty good long term.