Open fidelity account, link bank. Transfer funds to said account. Buy GME. Let trade settle for 2 business days after the purchase date. Call fidelity and tell them you would like to direct register (DRS) a portion (or all) of the shares you just bought. I would recommend keeping partial shares or a couple in your fidelity account just because. After DRS, the shares are now with GME’s transfer agent Computershare. They have been pulled out of the DTCC and are actually registered in your name, thus cannot be fucked with.
We DRS because if a brokerage tries to sell off your positions due to market instability or whatever excuse during MOASS, most of your shares will be safe at Computershare. If we do this right, a handful of shares could create generational wealth.
It will work either way, but will be quicker to make the account first. You have to follow the instructions precisely with your computershare emails for it to work. It’s a ghetto registration system, but I eventually got it to work with some help.
If anyone has any tips on getting started with this stuff I'm all ears..
Open fidelity account, link bank. Transfer funds to said account. Buy GME. Let trade settle for 2 business days after the purchase date. Call fidelity and tell them you would like to direct register (DRS) a portion (or all) of the shares you just bought. I would recommend keeping partial shares or a couple in your fidelity account just because. After DRS, the shares are now with GME’s transfer agent Computershare. They have been pulled out of the DTCC and are actually registered in your name, thus cannot be fucked with.
We DRS because if a brokerage tries to sell off your positions due to market instability or whatever excuse during MOASS, most of your shares will be safe at Computershare. If we do this right, a handful of shares could create generational wealth.
Good luck!
Do I make a comptershare account first or just call fidelity? cause i tried making the account first and i keep getting an error
It will work either way, but will be quicker to make the account first. You have to follow the instructions precisely with your computershare emails for it to work. It’s a ghetto registration system, but I eventually got it to work with some help.