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can you buy one share of stock?

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toddzilla Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-02-03 01:21 AM
Original message
can you buy one share of stock?
i've never owned stock, but was curious what the minimum # of shares you need to purchase is. I thought about getting a share or two of disney for my mom for xmas, and wondered if i can get away with just getting one share.

thanks
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KeepItReal Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-02-03 01:27 AM
Response to Original message
1. Sure you can...
Check out:

http://www.oneshare.com


If you want to buy stock on a fixed dollar amount periodically check out: http://www.sharebuilder.com

Cheers!

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grasswire Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-02-03 01:28 AM
Response to Reply #1
2. Disney might be odd right now...
...with Roy resigning today. Did it dip? If it did, very cool!

Another good small gift stock could be a candy company. See's Candy in California, for example.
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Lefta Dissenter Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-02-03 01:30 AM
Response to Original message
3. sure
at least in the 'olden days' you could. You pay a higher percentage commission to the broker, but you can do it (unless things have changed). My brother owned one share of American Cyanamid years and years ago. Each year, he'd get a dividend check for something like 10 cents.
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La_Serpiente Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-02-03 01:39 AM
Response to Original message
4. You should look for a big polluter
they are in beds with the EPA head and the White House.
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dreissig Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-02-03 01:45 AM
Response to Original message
5. It's Silly to Do That
When you buy only a small number of shares, it takes a huge price swing to clear the transaction costs. If you just have to own a single share, most brokers will charge you just as much as if you bought a reasonable amount. I think it's foolish.

If you want to experiment with the market, put in a stop loss sale order at 10% of the purchase price. If you pay $63 a share, the stock will sell at 56.70 a share. That way you avoid calamities like paying $80 for Lucent only to see it drop to $2 and change.

Of course, if the stock goes up, you can change the stop loss to a higher amount. There's no worse feeling than seeing a winner turn into a loser.
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Paul Hood Donating Member (717 posts) Send PM | Profile | Ignore Tue Dec-02-03 01:49 AM
Response to Original message
6. You can buy one share of Berkshire Hathaway if you have
84,000 dollars. Yipes.
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toddzilla Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-02-03 05:07 PM
Response to Reply #6
7. thanks for the replies..
a little more than i wanted to spend, but maybe next year.

thanks
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kanrok Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-02-03 05:45 PM
Response to Reply #6
8. Yeah, but you can buy the class "B" BH
share for abour $2800. Good deal, if you ask me.
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otohara Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-02-03 05:49 PM
Response to Original message
9. Yes, I Recommend The Washington Post
which is a mere $573.00
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