I received an email this am from JB with a great idea. To help reverse the expected drop in the stock market, buy one share of stock on Monday morning in any US company. Some can be purchased for as low as $18, and you don’t need to set up an account to do it. This can be done from www.frameastock.com/shares.html
It’s a good way to slap the terrorists back in the face and prevent further disaster for more Americans.
I encourage everyone to buy shares of U.S. stock, but I would advise you against using the FrameStock site listed above.
Why? Here is an example…
If you purchase WorldCom from Framestock you will pay $48 for a share of stock and $69.95 with a frame. If you buy a share of WorldCom on the open market, you will pay $12.92! Call a stock broker or use a discount brokerage site. JMHO
Don’t we have any stockbrokers on the board?
In honor of WTC let us purchase a few American stocks and put them on our charge cards.It would be quick and simple.Even making your purchase and sending in a check would be simple.
As I searched on the web you had to open an account w/the brokers as if you were going to turn into a postal day trader.
I received an email this am from JB with a great idea. To help reverse the expected drop in the stock market, buy one share of stock on Monday morning in any US company. Some can be purchased for as low as $18, and you don’t need to set up an account to do it. This can be done from www.frameastock.com/shares.html
It’s a good way to slap the terrorists back in the face and prevent further disaster for more Americans.
ljo I work on Wall St., by rules and law you must go through the correct procedures to purchase stock. We do not have the ability to buy shares without following these rules.
I went there yesterday and they don’t offer newell rubbermaid stock.I’d like to buy that stock because I like Rubbermaid’s horse products.
Does anybody know of a broker who will sell a few stocks in this company to an individual?
Thanks
For those of you who are interested you can buy stock directly from Newell Rubbermaid and they have a dividend reinvestment plan.
Go to NewellRubbermaid.com and e-mail them.
I can buy stock in an American company without a broker,yeah!
[This message was edited by ljo on Sep. 18, 2001 at 07:16 AM.]
Very smart post, Chief2!
If posters are not motivated to buy, I propose the following:
I propose none of us SELL.
To a large degree, the race downward in the stock market is often led by funds and large institutional investors who liquidate a position (e.g. sell all of their stock in “x”), which scares the other funds who then sell, which scares the small investors who then sell. That said, my understanding is that the SEC and other regulators have been urging the large funds and institutions to sit tight on Monday.
So if the large players listen to the regulators and we do the SAME - e.g. just sit on our stock - I suspect there will not be a downward slide.
Interestingly, one economist was saying that Monday could be a HUGE buying day such that the market would spike UPWARD. His rationale was that investors are going to realize that defense contractors, energy producers, military suppliers, and the like are going to profit a lot by the rebuilding of NYC and DC and by further defense bolstering in the future. The economist said the fund managers and such who are really paying attention will BUY-BUY-BUY in these critical companies on Monday. Somethin’ to think about. . . .
If you are buying stocks to shore up the economy (great!), consider doing some research and looking into green companies. I’m sure there are others, but this is the first one I hit upon and had the time to read about.
There are lists on TV of the companies who stepped forward immediately to contributes millions of dollars to the families who have lost loved ones in NY & WASH. Buy stock in these companies - most trade on the NYSE.
Thanks but I’ve got a couple of funds where someone else makes the decisions for you and they are all worth about half what they were 2 yrs ago.
I’ll do my own investing now.
Not one to be versed in “the market” I agree it is good to acknowledge the support the “big guys” have contributed to the relief efforts. But I am most concerned about the small businesses. And I mean the teeny, tiny ones. Some do not have big, fat cash reserves to call upon. Some will have nothing for the employees to do without new incoming orders for product or service. Without instant revenue many will not be able to make payroll. The dominoe effect of this is staggering.
My personal opinion is Thank the big guys for coming to the plate, but put your money with the small guy. They are the backbone of our economy and our country.
“The older I get, the better I used to be, but who the heck cares!”
for one of the companies who donated millions and for now, at least, the government is likely to leave alone.
So much money automatically goes whizzing out of my paycheck and bank accounts electronically to be invested in mutual funds, 401k’s, etc that I will probably be buying lots of stocks this month. It’s wierd, I have direct deposit and so many auto debits that I just sit back and watch the money go in and out, never actually going to the bank.
Once a nerd, always a nerd.
Good going emmet
Go to a discount broker. They will purchase a stock at a low commission.