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The Pocket Idiot's Guide™ To Direct Stock Investing by Lita Epstein, Douglas Gerlach

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Purchasing Additional Shares

Most companies allow you to buy additional shares through a process called optional share investments. You can usually make these investments by sending a check or doing an electronic funds transfer (EFT). In most cases you will find that the fees for an investment by check are higher than the fees for EFTs, so your best bet is to set up an EFT between your checking account and the transfer agent.
You will likely be given a form as part of the enrollment package that enables you to set up an EFT. You’ve probably seen these forms when you arrange for a direct deposit of your check at work. Essentially you fill out your identifying information, sign the form, and attach a voided check.
Optional cash investments can ...

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