Selling stock on one's own?
July 25, 2006 6:48 AM Subscribe
Without a brokerage account, may I legally and easily sell common stock? If so, how?
posted by Elsa to work & money (13 answers total)
A few years ago, I was given a few hundred shares of common stock. I have the paper certificates, and no stockbroker's account. I'm not really interested in having the stock in a managed account if I can avoid it; the dividends they produce would be eaten up by the annual fee, and after this sale, I hope to let the remainder sit quietly in a safe deposit box.
I need to sell 100 shares, the number of shares on each certificate. I am in the U.S. Is there a more straightforward (legal) way to do this, without setting up an account with a brick-and-mortar or online stockbroker?
(Duediligencefilter: I'm aware of this thread
, but I'm hoping for a fresh batch of answers.)