Showing posts with label form. Show all posts
Showing posts with label form. Show all posts
Friday, August 28, 2015
How to Make Money Selling Stock Photos (4 Steps)
Decide which photos you want to sell. Photos must be high-quality, crisp and clear, and cannot contain any trademarked items and logos. If using a model, she will need to sign a release form to allow you to sell the photo online (see the Resources section).
Create an account with one or more stock photography websites and upload your photos (see the Resources section). You will also need to have a PayPal account for any payments you may receive.
Choose the correct category for your photos so they can be found quickly by clients. Most clients know what they are looking for and will perform a search under a specific category.
Add several tags to your photos, so they can easily be found. With more tags you have a better chance of your photos being found in a search.
Wednesday, August 26, 2015
How to Direct Buy Nike Stock (3 Steps)
Obtain and read the plan brochure carefully before you enroll in the Nike DSPP. This brochure discloses the full terms and conditions of the Nike DSPP, including current fees. It is available for download through Nike's transfer agent, ComputerShare (see link below) or you may request the brochure and enrollment form by mail by calling ComputerShare at (800) 756-8200.
Decide what investment method you want to use and how much you wish to invest. Your initial investment must be by check, but after that you can deposit money by check or through electronic debiting. The cost for electronic debiting is less. As of 2009 each transaction cost 3 cents per share plus $2 (electronic debit) or $5 (by check). The minimum initial investment is $500, but this may be paid in 10 $50 monthly installments through automatic debiting of your bank account.
Download and complete the enrollment form and send it to the address shown. You must provide your name, address and Social Security number. You also need to give your bank account information and fill out a debit authorization form to set up electronic transfer payments. Include a check for your initial investment plus $10 for the setup fee (this is a one-time charge). Make the check payable to ComputerShare. Drop the enrollment form in the mail and you are on your way to becoming a Nike stockholder.
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Tuesday, August 25, 2015
How to Learn Stock Chart Analysis
TRENDLINES -- or, remember Newton's First Law of Physics? '...an object in motion tends to stay in motion with the same speed and in the same direction unless acted upon by an unbalanced force.' Stock prices tend to follow short- and long-term trends. Look at the image of the chart next to this step. Which direction do you think the 'trend' is? Right, it looks like it's going up. If you can draw a line connecting three or more of the tips of the chart bars together, that can show the trend direction. Try it (yes, physically draw on paper!) on some charts you can find online for free, like at StockCharts.com. Remember, you have to be able to connect 3 or more bar tips!
CHANNELS -- If you draw a trendline on the top tips and bottom tips of chart bars and they form more-or-less parallel lines, this is called a channel. Stock prices tend to stay within channels, for a period of time. See the channel in the picture? If you extend those lines to the right, you may be able to predict what range the stock price may stay within for the immediate future. There are other neat things you can do with channels. Many times, if the stock price crosses over an upper or lower line, it may just be 'breaking out' of that channel and heading further in that direction! Draw some channels on your charts and see if that's what eventually happened.
SUPPORT AND RESISTANCE -- I have expanded the previous chart to the left, to show a longer-term view. Again, drawing horizontal lines that connect 3 or more bar tips, I have drawn a red support line and a green resistance line. 'Support' means that stock buyers tend to buy when it gets to that price (supporting any more downward movement) and 'resistance' means that stock sellers tend to sell when it gets to that price (resisting any more upward movement, see?). See how the price 'tested' the resistance line a couple times, crossed it a couple times unsuccessfully, and then finally broke up through it? This happens ALL THE TIME. Draw some support and resistance lines on some charts and see for yourself!
MEGAPHONE -- Many times, the upper and lower channel lines you draw will not be parallel. When the lines are broadening, that's called a 'megaphone' pattern. This suggests growing disagreement among the buyers and sellers as to what is a good price. Generally, if this happens after an uptrend, the likely next move is downward. Find some charts with this pattern and see what happened.
TRIANGLES -- Again, if the upper and lower trendlines are not parallel, and are narrowing, this is called a 'triangle' pattern. Obviously, the price will not continue narrowing indefinitely until it hits the apex of the triangle and then stop moving. We can sometimes predict what will happen when this pattern occurs. 'Ascending triangles', where the upper line is horizontal, signal a possible move up through the upper line. 'Descending triangles', where the lower line is horizontal, signal a possible move down. And a 'symmetrical triangle', where neither line is horizontal, well... this one could go either way!
Monday, August 24, 2015
How to Become an Independent Stock Broker
Go to the National Association of Independent Securities Dealers and register to take a Series 7 Exam. The exam takes about six hours to complete with 260 questions, which you will have to pass with a score of 70 percent or higher.
Fill out and file a FOCUS form with the Securities & Exchange Commission, which will register your independent status. You can send it in by mail or electronically.
Set up an account at a brokerage like TD Waterhouse or Schwab to act as a custodian for any funds that you hold their on behalf of your clients. Although most brokerages that employ traditional brokers and also charge them fees based on the assets, they manage the independent broker is free of those onerous fees. At this stage, you can solicit clients and begin investing their money directly while keeping the lion's shares of the commissions and fees for yourself.
Saturday, August 22, 2015
How to Transfer Stock After Death (4 Steps)
Determine how the stock was registered. The different registrations are Individual Single Owner, Transfer On Death, Joint Tenant with Right of Survivorship and Joint Tenants in Common. Shares can also be placed in a trust. Knowing how the shares are registered will determine how much effort it will take to transfer them.
Secure a transfer of stock ownership form and fill it out completely. Of course, for accounts that are not jointly owned, the estate must be probated before the transfer process can take place. For Transfer On Death accounts, there is no probate needed and they do not have to be included in a will.
Obtain a Medallion Signature Guarantee if one is needed. In some situations, such as when there is over a certain quantity of shares, such a guarantee is needed. This can be obtained from a bank that participates in the Medallion Stamp program. This program guarantees the signature on stock certificates. A notary stamp is not a substitute for the Medallion Stamp.
Complete an Inheritance Tax Waiver if the state requires one. Some states may require this waiver and some may not.
How to Calculate Stock Growth Rate (5 Steps)
Divide the final value of the stock by the initial value of the stock. For example, if the stock started off being worth $120 and is now worth $145, you would divide $145 by $120 to get 1.20833.
Divide 1 by the number of years the growth occurred over. For example, if it took three years to go form $120 to $145, you would divide 1 by 3 to get 0.3333.
Raise the result from Step 1 to the result from Step 2. In this example, you would raise 1.20833 to the 0.3333 power to get 1.0651
Take away 1 from the Step 3 result. In this example, you would take away 1 from 1.0651 to get 0.0651.
Convert the result from Step 4 from a decimal to a percentage by multiplying by 100 to find the compound annual growth rate. Finishing the example, you would multiply 0.0651 by 100 to find the compound annual growth rate to be 6.51 percent.
How to Lift Restrictions on a Stock Certificate
Contact your brokerage firm and request the paperwork required to remove the restrictive legend on your stock certificate.
Confirm with your brokerage firm that it will send you, at a minimum, the Rule 144 Seller's Representation Letter, the SEC Form 144 and a Stock Power form. Your firm may also require additional forms.
Determine whether your status is 'affiliate' or 'non-affiliate' of the company and complete the Seller's Representation letter accordingly.
Contact your company or your company's transfer agent to obtain the appropriate IRS Identification Number and SEC File Number. You will need this information in order to complete the SEC Form 144.
Complete and sign your brokerage firm's Irrevocable Stock Power form. This form allows your broker to negotiate the certificate on your behalf, but it does not give your broker ownership of the shares.
Make and keep a copy of your completed forms and your stock certificate.
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Contact your brokerage firm upon its receipt of your package and ensure you completed all forms correctly. If it sees a problem, you can likely correct it without its having to mail back the entire package.
Follow up with the issuer's transfer agent if the restriction on your certificate has not been removed within six weeks of your sending in your paperwork. Your broker must depend on the transfer agent to complete this step.
Thursday, August 20, 2015
How to Calculate Stock Worth
Determine the ticker symbol for the stock in which you are interested. There are numerous websites that provide the ticker symbol when you type the name of the company into a web form.
Enter the ticker symbol into a website that offers stock quotes. The quote that the website returns is the price of one share of that stock as of that moment unless a time delay is specified.
Multiply the price of one share by the number of shares you own, and the result is the worth of your position in that stock.
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.
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