Hi all, i'm willing to invest in stocks and have a dummy question.
Let's say I want to invest in a large cap stock and leave it there for the next 30 years:
- What happens if i change bank account (or close it down) I used the day of investment, and want to retrieve the stock later in time and this bank account doesn't exist anymore?
- Can my stock get lost?
- Is their a unique stock holder ID (not only for this large cap, but all the stocks i hold?)
- What if the broker (online broker) I used to invest shuts down? Do my stocks comes back immediately as it shuts down, or are my stock still held by the large cap?
- What happens if the company i have the stocks in shuts down?
Basically i'm unsure about the whole stocks ownership process overtime, and how to retrieve my stocks such a long time after investing, in the case that I dont track it properly of that the broker shuts down.
Thank you so so much for your help!!
Submitted September 01, 2019 at 09:46PM by annabut https://ift.tt/32mBfCS
