Current Events > I bought a physical stock certificate for Nintendo ^_^

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PiOverlord
10/03/23 1:53:58 PM
#1:


Physical certs are basically just for show nowadays, but they still count as ownership of a share with dividends and other shareholder rights like any other share.

Nintendo stock certs are a little harder to convert into cash than the already hard certs, but I'm not really planning on selling it anyways. I'll use online brokerage for actual investments.

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Yawn_Master2
10/04/23 5:08:14 PM
#2:


How do they know to give you the dividends?

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Waxitron_Gazer
10/04/23 5:11:15 PM
#3:


PiOverlord posted...
Physical certs are basically just for show nowadays
please tell me you're not gonna frame and display it

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ProfessorKukui
10/04/23 5:16:50 PM
#4:


How are they gonna know he's a CEman if he doesn't frame it?

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Dat_Cracka_Jax
10/04/23 5:21:27 PM
#5:


Yawn_Master2 posted...
How do they know to give you the dividends?
I'm assuming mail or direct deposit

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a-c-a-b
10/04/23 5:21:47 PM
#6:


Can we be friends so that I can say that I have a friend who's part owner of Nintendo?

That'll show those nerds who have an uncle that simply works for Nintendo.

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Yawn_Master2
10/04/23 5:43:18 PM
#7:


Dat_Cracka_Jax posted...
I'm assuming mail or direct deposit
Do you have to report the stock changed hands? Seems hard to keep track of all that.

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Waxitron_Gazer
10/04/23 5:44:59 PM
#8:


ProfessorKukui posted...
How are they gonna know he's a CEman if he doesn't frame it?
frame without display is fine, though a stupid use of money. like getting a physical cert of nintendo stock.

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divot1338
10/04/23 6:06:00 PM
#9:


Yawn_Master2 posted...
How do they know to give you the dividends?
You have to remove the stock certificate from its envelope, blow on the bottom, and put it back in.

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Dat_Cracka_Jax
10/04/23 6:25:27 PM
#10:


Yawn_Master2 posted...
Do you have to report the stock changed hands? Seems hard to keep track of all that.
Sounds like it

When you want to sell your stock, you will need to send the certificate to your broker-dealer or the issuer's transfer agent to execute the sale. This might make it harder for you to sell quickly. In a volatile market, delayed execution could result in an unexpected price differential.

I assume that is handled by the broker during the sale

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Starks
10/04/23 6:30:48 PM
#11:


Physical is annoying for tracking cost basis.

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PiOverlord
10/04/23 7:23:44 PM
#12:


Waxitron_Gazer posted...
please tell me you're not gonna frame and display it
Nah, that would have cost $64 extra. It's just a cert in like a "paper frame" that comes with it.

a-c-a-b posted...
Can we be friends so that I can say that I have a friend who's part owner of Nintendo?

That'll show those nerds who have an uncle that simply works for Nintendo.
We already are friends :)

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