How does one get started in this caper? Can i keep shares in my Ladbrokes account, or do i need an elastic band?
You can get your share certs sent out in the post and keep them in a biscuit tin
So now i have the stress of looking for a biscuit tin? Thanks, pal.
Treat yourself. Buy a new one and eat the biscuits
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Can’t afford to until i sell the shares. You’re not helping
Two farmers are watching the sunset on their tractor and having a chat.
The first says, “I keep hearing on the radio, TV, read in the papers about the stock market but I still have no idea what it is. Do you know?”
The second farmer replies, “How should I explain this to you… Let’s say you buy some eggs for your farm, these eggs hatch and now you have chicks, these chicks grow up to be hens which lay more eggs out of which you get more chicks that grow up to be hens and so on and so forth and your farm is full of them. One day a big flood ravages your land and takes all of them downstream. Then you sit and think to yourself: ducks… I should have gotten ducks. That’s what the stock market is like
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That’s not how it works, mate
It is. It is exactly how it works. I know you are in the game. But you are wrong here.
If you know of any stocks trading in two currencies where the FX rate isn’t reflected let me know and we can make a few bob
The shares are listed in GBP, if there is a mechanism allowing him to buy in EUR on whatever platform it is just making a spot trade on the day and still buying the GBP denominated shares.
So you agree with me. It makes no odds.
No, it does matter. He carries currency risk. His home currency is EUR, his income is in EUR. He is bearing classic currency risk, that the asset decreases in value due to the assets denomination currency declining. There’s no mechanisim outside of buying a hedge alongside the security to mitigate that
This was the first post on this thread in 2007. Did you ever buy those shares @Rocko ? They are worth £157.20 a share today
Anyone who invests regularly in shares with a medium-long term view - are ye investing in companies that pay dividends? I see there are companies paying anything from 5-10% a year on dividends. So for argument sake if you’d €10k in shares and that company paid 10% dividend a year - you could in theory have the value of your investment back in ten years and the share price may still be growing as well on your initial investment. Obviously what I describe here is unusual returns and most certainly not going to happen in reality. But for argument sake if you took in €1k profit a year in dividends then what is your tax obligation?
The bigger companies will pay you in cash if you ask them.
No tax then.
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Is that share price not pence?
Think of the capital losses to offset against all of your other gains though!!
Winner winner
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The pear cider shitting debacle finished Bulmers as a serious brand.
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You will be paid the dividends net of dividends withholding tax of I think around 25%
You do a tax return then annually on the full dividend amount and they credit you for the amount withheld already…
So if you got 100 euro div…you get 75 in cash
You report 100 as additional income which is taxed at say 50% so 50 euro liability…you’ve already paid 25 so owe another 25 now in your tax return
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Like Fossetts circus?