Establishing Your Account
Your stock may be set up electronically with the company or you may have stock certificates in hand. If you have chosen to use certificates when purchasing your first shares, be sure you keep those certificates in a safe place. As you build up the required number of shares, your best bet is to put them in a bank safety deposit box, but if you don’t have one, you can use a fireproof safe in your home. You also can set up direct registration with the company rather than hold on to your certificates, as discussed in Chapter 4.
Each company sets its own requirements for the number of shares that must be owned. ...