Showing posts with label due. Show all posts
Showing posts with label due. Show all posts
Monday, August 17, 2015
How to Re
Gather your information. You will need the original stock certificate, complete name, address and taxpayer ID (social security number) of the new owner, stock power and a W-9 form. In some cases, such as a transfer due to death, you will be required to show more documentation.
Locate a transfer agent. Try to find an agent in the state of the person you are transferring ownership from. See Resources below for a way to find an agent in your state as well as a database of current transfer agents for publicly traded companies.
Call or set up a meeting with the transfer agent. Be sure to have all the information from Step 1 available.
Take old certificates to the transfer agent and ask them to re-register in the name of the new owner.
Send the stock certificates to the designated custodian. This step may not be necessary in some cases. In general, it will take two to four weeks to transfer ownership. Your agent or broker should help to determine what address the reissued certificates should be mailed to.
Sunday, August 16, 2015
How to Read the Wall Street Journal Stock Report
Check the indexes. The beginning of the market report tells the movement of the major indexes such as the Dow Jones Industrials or NASDAQ.
Understand why the indexes are important. When checking out your stock you should know what size the company is, and what market it is sold in. The DOW is primarily larger companies compared to the Russell that is smaller companies. You can tell whether your stock is going up and down with market movement or whether it is moving due to a change specific to the company by knowing what index to follow.
Find the symbol for the stock. Beside it will be the opening price for the day. There is also a listing for the high of the day, sometimes the high was held for only one purchase and can be deceptive; the low, and finally the close of the day price.
Check for the change in cost for the day, followed by the per cent change. If your stock was $1a share when the market opened and it was $1.06 when the market closed; then it went up 6 cents. The percentage growth would be 6 oer cent.
Find the volume of trading. This number tells how active the stock is. The larger the number, the more actively traded. If a stock is seldom traded, and you own it and want to sell, it may be harder to sell it for the market price. Next to the volume is 52 week high and low. This is the highest reported price for the stock and the lowest in a 52 week period.
Realize that the next two columns are important in understanding what return you're actually getting. The first shows any dividends that are received from the stock and the second shows the per cent of return that it is. The dividend is a distribution of profit from the company and should be considered in the return besides using the capital gain or loss.
Understand that the PE is a ratio of the price of the stock to its earnings. The final column shows what per cent the stock has gained over the last year.
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