If you like to trade stocks and shares, it is better to work with stock subscription letters instead of dealing with stock brokers. The best thing about using a stock subscription is that here you deal directly with the corporation that is issuing the stocks and there is no broker or middle man so you will get the best prices for the stocks. There are hundreds of types of stock subscription letters that you can use but before you select any particular letter, make sure that it fulfills your needs and requirements.
Brief description of the Stock Subscription Letter Writing:
When it comes to trading stocks and shares, there are two ways you can perform the trading. It includes dealing with stock brokers or using stock subscription letters. Most people prefer stock subscription letters as there is no middleman in this process which explains that you don’t have to give a commission to any broker when you deal directly with the stock issuing corporation and there are good chances that when you deal without a broker, you can find better rates for your stocks.
How to Choose a Stock Subscription Letter?
Before you choose any particular stock subscription letter, you need to make sure if you need it or if it’s compatible with your requirements or not. This includes going through a number of steps and making sure that you are choosing the right kind of stock subscription letter. Take a look at the below enlisted important steps to consider while choosing a stock subscription letter.
Set a particular amount for the stocks that you want to buy:
Money is very important for trading stocks and if you want to subscribe to a stock letter, the most important thing is to consider the money and the preferred rate of the stocks that you want. This means that if you want to deal with less than $5 per stock, the stock subscription letter should allow you to trade such stocks rather than forcing you to buy $20 stock.
Select the appropriate class of the stocks:
There are many classes of stocks i.e. preferred and common and you need to understand what kind of stocks you want before you select any stock subscription letter. Research the market and find out which class is better than others and then choose the stock subscription letter that deals with that particular class of stocks that you want.
Understand how many stocks you can purchase initially:
Before you choose any particular stock subscription letter, evaluate how many stocks you will purchase initially and if the stock subscription letter will allow you to do so or not. This is possible that you want to buy 100 stocks but the stock subscription letter only allows you to buy 50 initially and it can create a problem for you.
Make sure that you follow the legal and state laws:
This is very important to make sure that when you subscribe to stock letters or use this subscription for trading stocks, you obey and follow all the trading laws defined by the local government.
Here is a preview of a Free Sample Stock Subscription Letter created as a fillable PDF form,
Here is the download link for this Sample Letter,
