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#1
Greetings everybody! If anyone can please help answer my questions about DSPP (Direct Stock Purchase Plan).
Here is the DSPP on the company I want to invest in. Basically, I am a new investor, so I have to purchase initially.
Here is my question:
1. After I made the initial purchase of $250 (+ fees), on the Existing Account Investment Option, is the Minimum Purchase of $50 monthly, yearly, or whenever I want to? Basically, I do not want to invest monthly. I just want to put in more money whenever I want to.
Thank you for the help!
Here is the DSPP on the company I want to invest in. Basically, I am a new investor, so I have to purchase initially.
| New Account Investment Options: | ||
| a) Minimum one-time purchase OR | $250.00 | |
| b) Minimum ongoing automatic investment | $25.00 | |
| Requires at least 25 per transaction for at least 10 consecutive transactions | ||
| Existing Account Investment Options: | ||
| a) Minimum Purchase OR | $50.00 | |
| b) Minimum ongoing automatic investment | $25.00 | |
| Minimum shares required to enroll for existing accounts | 1 | |
| Maximum Purchase | $150,000.00 Per Year. |
Here is my question:
1. After I made the initial purchase of $250 (+ fees), on the Existing Account Investment Option, is the Minimum Purchase of $50 monthly, yearly, or whenever I want to? Basically, I do not want to invest monthly. I just want to put in more money whenever I want to.
Thank you for the help!
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