General Electric Direct Stock Purchase Plans

Today to talk about general electrics, direct stocks purchase program. What is that? Well you know that GE is the light bulb company, the light bulbs that you screw into your light fixtures all away around your homes, that’s really the bases from where GE started but they do many other things. Did you now that they owned NBC? Did you know that they also make jet engines that set on many of the bowing and airbus planes that are going around the world now? So GE is in many, many businesses that really you hadn't consider before you invest in any company please learn thoroughly about what you're buying instead of rushing just to buy it. That's true with any company including GE, okay so once you’ve made the decision to buy stock in GE, how do you do it? Well you can go to your stock broker and you can ask them to buy and sold for you, you could go to a discomp broker and ask them to buy and sold for you in either case you going to make, you going to pay a commission the third alternative to go directly to GE and buy directly form them.

Now at the onset that, that looks pretty attractive because you would think it would be free, its not, there's a $7 set up fee, there's a $250 minimum, minimum purchase pre in the initial purchase and you can purchase in blocks up to $10,000 after that. In addition, once you go to sell stocks, they're going to charge you a $10 fee plus 15 cents of share in fact CHARLES SHUAB might be cheaper. Last but the list, there is one great thing, you can give stock away or transfer stock that you owned at GE to another person for free so if you intend set up a gifting program for your children, for your grand children , for you trust that a terrific way to do it. So you can buy in you name and then pass it along you designated recipient for free. So that’s a little bit about GE, it’s a wonderful business