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BUY STOCK DIRECT
SOFTWARE INDEX
OTHER PRODUCTS
INFO LINKS
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GIVE KIDS THE
GIFT OF LEARNING!
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"Always sell what shows you a loss and keep what shows you a profit."
Reminiscences of a Stock Operator
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Your stock certificate is evidence that you own the stock.
It is not required for ownership, but is required if it is the initial share(s) for joining a DRP Program. It is a valuable document and should be protected. Keep it in a safe place, such as a safe deposit box. Most DRP Programs offer safekeeping, so you can send it to the transfer agent once you join the DRP Program. It can be costly and inconvenient to replace.
Do not sign your certificate until you sell or transfer your shares.
If you send the certificate by mail, send it by registered or certified mail. Insure it for 2% of the market value, that should cover the cost to replace the certificate if it is lost.
When you receive a stock certificate, review it carefully for accuracy. It will include shareowner's name and account number, a unique certificate number, the number of shares, date issued and the name of the Transfer Agent.
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