It is no secret that Amazon (AMZN) is one of the largest companies in the world. With a market capitalization of more than $1 trillion, Amazon is a powerhouse in its own right. But can you actually buy stock directly from Amazon?
The answer to this question is both yes and no. On the one hand, you can buy shares of Amazon in the same way that you would buy any other publicly traded company.
This means that you can purchase shares through an online broker or through a financial institution such as a bank or investment firm. If you do choose to purchase shares of Amazon through an online broker, you will need to pay brokerage fees which may be quite substantial.
However, what many people don’t realize is that there are other ways to invest in Amazon without having to pay brokerage fees. One way is by purchasing shares directly from the company itself. Although it might sound surprising, it is actually possible to purchase shares of Amazon directly from the company.
In order to do this, you would need to open an account with an online brokerage firm such as E*TRADE or Charles Schwab and then set up an account with Amazon Direct Share Purchase Plan (DSPP). Once your account has been set up, you can then purchase shares directly from the company by entering your bank information and making a payment.
Conclusion:
In conclusion, yes it is possible to buy stock directly from Amazon if you have an account with an online broker or financial institution such as E*TRADE or Charles Schwab and then set up an account with their Direct Share Purchase Plan (DSPP). However, investors should be aware that they may incur additional fees when buying stock directly from the company itself.
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