Buying stocks directly from companies, also known as direct stock purchase plans (DSPPs), allows investors to purchase shares of a company’s stock without using a broker. This can be a cost-effective way to invest, as it eliminates brokerage fees and commissions. Additionally, DSPPs often offer discounts on the stock price and allow investors to purchase shares on a regular basis, such as monthly or quarterly.
There are a number of benefits to buying stocks directly from companies. First, it can be more cost-effective than using a broker. Second, it allows investors to purchase shares on a regular basis, which can help them to dollar-cost average their investments. Third, DSPPs often offer discounts on the stock price, which can make them a more attractive option for investors.