How to profit from share purchase plans

Share purchase plans (SPP) are a popular way for companies to raise capital. But they can also be a way for you to make a quick $1,000 or so with 10 minutes work.Share purchase plans allow companies to issue up to $15,000 worth of new shares to each existing shareholder, usually at a discount to the current market price. The main benefit for the company is that it gets to raise capital cheaply and quickly, while shareholders get to avoid brokerage costs and buy at a discount.So the next time you get a Share Purchase Plan Offer in the mail, what...

Share purchase plans (SPP) are a popular way for companies to raise capital. But they can also be a way for you to make a quick $1,000 or so with 10 minutes work.

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