How to Cash Stock Shares
- 1). Read the rules for cashing your stock shares with the investment firm you are using. These rules should be fairly visible on the company's website or on the materials you were handed when you initially signed up. Contact your personal broker or call the customer service number of the company if you have specific questions.
- 2). Know how much cash you should be receiving. It is easy to get tricked in the stock market if you aren’t paying attention. Make sure you know the estimated amount of how much cash you should be receiving before you try to cash your shares.
- 3). Click on Sell Shares on the web company you use to buy and sell stocks. If you are using an in-person broker, tell the broker that you want to sell your stock shares.
- 4). Wait for a stock buyer to buy your stocks at the price you are selling them at. Your shares will be posted at the best-possible high rate for you. Once someone agrees to buy your stocks at the price you indicate, you have officially sold your stock shares.
- 5). Cancel your stock sale if no one purchases your stocks by the end of the trading day. This does happen that you are trying to sell your stocks at a price that is higher than what the market truly is offering. When this happens, you have not sold your stocks.
