It's probably the last remaining break for the small investor in the stock market--but don't expect to hear about it from your broker. Though it seems too good to be true, there is a way to purchase stocks, in many cases at a discount to prevailing market prices, without paying brokerage commissions. You can bypass the broker's bite when buying stocks by using corporate dividend reinvestment plans (DRIPs). Buying Stocks Without a Broker
is the most comprehensive guide available for investing through DRIPs.
The book contains a directory of some 900 DRIPs, complete with names, addresses, phone numbers, DRIP specifics, and updated performance ratings. The brand-new Second Edition also features a new "DRIP rating" that evaluates the attractiveness of each DRIP plan. Buying Stocks Without a Broker also contains model portfolios using DRIPs, including a "starter portfolio" that requires an initial investment of just $500. The Second Edition features a new chapter on emerging trends in the DRIP world. The Second Edition of Buying Stocks Without a Broker is more comprehensive and up-to-date than any other book of its type--and is far less costly as well. -- The Motley Fool