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Learning, Sharing, and Teaching => Investor Alley => Topic started by: caneorange on January 17, 2017, 09:52:13 PM

Title: Hard Stock Certificates
Post by: caneorange on January 17, 2017, 09:52:13 PM

So, I got a physical hard stock certificate as a Christmas present from my boss. I have become slightly obsessed about what benefits they actually have over the "street" version of stock. I can't find anything beneficial other than the cool wallpaper/decoration effect.

Am I missing something or is the "collector" factor the only real benefit to having the physical stock certificate?

Title: Re: Hard Stock Certificates
Post by: Proud Foot on January 18, 2017, 08:10:49 AM

I think it is only the collector factor that would be a benefit.  Having an actual certificate will make the process harder when/if you want to sell the shares.

Title: Re: Hard Stock Certificates
Post by: seattlecyclone on January 18, 2017, 10:20:50 AM

Yep, certificates are generally more trouble than they're worth. The suitability for framing is the only redeeming quality.

Title: Re: Hard Stock Certificates
Post by: Lives to travel on January 18, 2017, 01:03:09 PM

The stock shares will most likely also be registered in your name, as opposed to your brokerage firm.  If you want to go to the annual meeting, you will need to take an extra step or two to prove you own the shares.  Other than that, probably no real differences to speak of.

Title: Re: Hard Stock Certificates
Post by: daverobev on January 18, 2017, 05:40:43 PM

SOME stock have DRIPs with discounts.

Check the investor relations page for the company.