Showing posts with label Commission. Show all posts
Showing posts with label Commission. Show all posts

Thursday, August 27, 2015

How to Buy Royal Caribbean Stock


Open a stock brokerage account if you do not already have one. Your bank may offer brokerage services, or you can visit the local office of a full-service brokerage firm. As an alternative, online discount brokers let you buy and sell shares through an online account access. Online commissions range from $5 to $10 each time you buy or sell. Commission rates for a live broker will be significantly higher, but the broker will handle all of the required paperwork.
Transfer some money into your brokerage account. Account funding minimums range from zero to several thousand dollars. You can send in money by check, wire transfer or set up Automated Clearing House payments. ACH transfers take a couple of days to clear, but cost nothing. Once they are set up, you can move money in either direction.
Look up the Royal Caribbean share price. Use the RCL stock symbol to find the current price using either your online account screen or one of the major financial websites.
Determine how many shares you would like to buy. In most cases, you can only purchase whole shares, one or greater. Multiply the number of shares times the share price plus the commission rate to get the total cost. For example, in July 2014, RCL was trading at about $60 per share. With a $10 commission, 15 shares would cost $910 and 200 shares would be $12,010.
Submit a buy order for the number of shares you want using either the online trading screen of your discount brokerage account or by calling your broker and telling her to buy the shares for you.
Verify with your broker or online that the shares have been purchased and at what share price. It only takes a few seconds to complete a stock purchase. However, the share price fluctuates constantly throughout the market hours, so your actual purchase price may be a little higher or lower than the price shown online before you placed the order.

Monday, August 24, 2015

How to Sell Stock After the IPO (4 Steps)


Speak to the company's CFO or a finance executive about your current shares. The CFO or financial executive should be able to tell you what you have and the value of your stock in the company.
Determine when you are able to sell your shares. In some cases, you cannot sell your shares immediately following an IPO. This depends on the Securities and Exchange Commission (SEC) and your company's policy on individual shares. This delay is typically called a 'holdout period' or 'lockout period.'
Discuss the options you have to sell the stock with your company's financial manager. Do you need to go through a specific broker or firm? If so, contact that broker to sell your stock. Obtain your certificate for the amount of shares you own.
Bring your stock certificate to your bank and ask for the investment officer. Ask the investment officer to sell the stock at the current price. The value of the stock will be returned to you, usually within three days.