Buying stocks without a broker, also known as direct stock purchase plans (DSPPs), allows investors to purchase shares of a company’s stock directly from the company itself, bypassing traditional brokerage firms. This method offers several advantages, including lower fees, the ability to invest smaller amounts of money, and the potential for higher returns over time.
DSPPs have been around for decades, but they have become increasingly popular in recent years as more investors seek to take control of their financial investments. In the past, DSPPs were often limited to large, well-known companies, but today, many smaller companies offer DSPPs as well.
