Showing posts with label Work. Show all posts
Showing posts with label Work. Show all posts

Monday, August 24, 2015

How to Calculate Stock Trade Profit (6 Steps)


Review the components of a stock trade (a sell or buy). A complete stock trade (opened and closed order) would be buying a share of stock and then selling it at a new price. The profit depends on the difference between what you paid and the price you sell the stock for, as well as the sales commission/transactions costs, if any.
Work through an example. Let's assume you buy a stock for $100 and sell it for $200. The profit on the sale is $100, but this assumes there were no commissions or transactions costs associated with the sale.
On the confirmation sheet sent to you by the broker, look up the compensation associated with the order to both buy and sell. The compensation may also be called a 'mark-up' or 'mark-down.' This is clearly stated on your trade order form if you use a broker. Discount brokers can charge as little as $5 per trade, but full-service brokers can charge as much as $100. Remember that a stock trade consists of two orders: a purchase and a sell. In the trade example from Step 2, the profit after using a full-service broker who charges $100 would be -$100.
Do the calculation for a stock trade profit for a discount broker. The calculation is:
($200 - $100) (change in stock price) - $10 (commission from purchase and sale) = $90.
Calculate the stock trade profit for a direct purchase program. Let's assume one company has a program where you can purchase shares directly from the company. Ongoing fees include a one-time $8 setup fee, a $2 fee each time you add money to your account from your bank account and a 5 cents per share commission. There's also a $5 fee when you sell stock.
Do the calculation. Using the same information from Step 1, the calculation is:
($200 - $100) (change in stock price) - $8 (one-time set up fee) - $2 (for funding the account from your bank account) - $5 (sale of stock) - 10 cents (commission from purchase and sale) = $84.90.

Thursday, August 20, 2015

How to Clean Stock Aluminum Chevy Wheels


Remove the stock aluminum wheels to thoroughly clean them. Take off the center caps if the wheels have them. Use an adjustable nozzle and a thick garden hose to spray off loosely attached and superficial surface grit and dirt. Hose off all the brake dust and carbon fibers from the brake pads and the tiny metal shavings from the rotors.
Wash off the remaining dirt and grime with regular car soap or shampoo. Soak the wheels with water and apply the soap. Work it into a lather and gently scrub with a lambskin cleaning mitt to take off grime and road dirt. Scrub the front and backside of each wheel.
Spray the wheels with nonacidic, water-based clear coat-wheel cleaner to prevent damage to the acrylic or polyester clear coat applied to all stock Chevy aluminum wheels. Read the cleaning product's label to make sure it is designed for clear-coat wheels. Loosen stubborn dirt with the cleaner and a flexible-handled, soft-bristled wheel brush. Scrub the spoke edges and the concave nooks and crannies of the wheels.
Clean around the lug nuts and the recessed lug-nut holes with a lug-nut brush to remove residual dirt and brake dust. Turn the hose nozzle down to a gentle spray, and rinse the wheel thoroughly to remove all traces of the cleaner.
Dry the wheels with a clean terry cloth, chamois cloth or microfiber towel to prevent water spots. Avoid dropping the drying cloth and contaminating it with grit that will scratch the wheels' finish. Polish the wheels with a clear-coat-safe polish to make them shine.