Showing posts with label pay. Show all posts
Showing posts with label pay. Show all posts

Wednesday, August 26, 2015

How to Buy Wells Fargo Preferred Stock (6 Steps)


Compare the different types of preferred stock available. Wells Fargo Capital has six offerings. They include Non-Cumulative Convertibles (CUSIP: 949746804), Non-Cumulative Perpetual (two offerings; CUSIP: 949746PM7 and 949746879), Wells Fargo Preferred Funding Corp (CUSIP: 92977V206), Fixed Rate Cumulative Perpetual (No CUSIP) and Dividend Equalization Preferred (CUSIP: 949746887).
Compare callable dates. A call date refers to the date the company can 'call back' or pay you back for the securities. Convertibles have a call option embedded as a feature and the fixed rate cumulative securities are also callable at any time. All others have call dates ranging from March 15, 2018, to Dec. 31, 2022.
Compare coupons. The coupon is the amount you will receive in interest for buying the bond. Coupons are both fixed or floating, and range from 5 percent to 9 percent or more depending on the associated index.
Compare coupon payment dates. Payment dates can range from twice a year to four times a year. Choose an offering that best fits your income needs.
Compare final maturities. All of Wells Fargo's preferred stock are perpetual, which means they have no final maturity date.
Make a purchase through your broker, online broker or contact Wells Fargo Capital directly. You will need the CUSIP number provided in Step 1. This number contains all the information the broker or Wells Fargo representative needs. You will also need to stipulate the number of shares you wish to purchase. Divide the amount you would like to invest by the current price of the stock (see Resources).

Monday, August 17, 2015

How to Choose Stock Charting Software


Learn how to read stock charts. Some software has built-in alerts that make it super-simple to play the stock market. Others have less bells and whistles and more tracking power; some of these may rely solely on graphs to let you know what's going on. Many types of software will assume that you already know how to read stock charts.
Pick your preferred software version. Do you want the free online version, or would you rather pay for something with a little more muscle? Many first-time stock market players prefer to get their stock charting software for free during their learning period. Bigcharts.com and Stockcharts.com are just two examples of reliable sites that will get you up and running in no time.
Customize your chart to fit your needs. No matter which model you choose, a good chart will have lots of menus and tabs to help you tailor the program to your exact needs. Take advantage of this tool to make sure that you are getting the most out of your stock charting software. Your chart will let you select specific stocks to track and pick a time frame for each one (weekly, daily, hourly, etc.) You can also change the colors on everything in the chart to make it easier for you to follow. You can modify the way the chart presents itself (do you want a bar graph or a line graph?) and many other things.
Use the extras. If you think you need more information, the stock charting software will have every imaginable option. You can track several aspects of your stock on the same graph, follow its performance history, set up alerts and indicators to predict its future direction, and get live streaming quotes from your broker.
Last but not least, it's important to learn how to read all of this information in order to make your pick. And thanks to the user-friendly stock charting software that is now widely available to so many people worldwide, before you know it you too will be playing the stock market like a pro!
While you're here be sure to take a look around for more tips and information about the stock market.

Sunday, August 16, 2015

How to Buy Stock in Twitter


Check into the websites SharesPost.com and SecondMarket.com. These companies have recently emerged as private stock exchanges for members of private companies who want to sell some of their shares before going public. According to Fox News, 'These exchanges give stakeholders an alternative way to trade their shares in hot startups like Facebook for cold, hard cash --- without having to wait years for an IPO.' Some private companies give their employees shares in order to compensate for an initial inability to pay higher salaries. This option gives those employees a way to see some money more quickly (See References 1).
Do your research on the trends of this type of stock. Will Twitter continue to take off or is it a trend that will soon fade away? It's particularly important to carefully weigh your options if you're considering buying Twitter shares before they go public, since buying through private stock exchanges means buying whole blocks at once. Writer MHB for TheDomains.com explains, 'I'm talking about 60,000 shares at $31 a share comes to an almost $1.9 million dollar investment; no small amount of change.' In other words, if you want to buy stock in Twitter before it goes public, you should be confident in your investment (See References 2).
Register with one of the private stock exchanges. Once you create a profile, you'll be able to see how much other people have paid for shares of Twitter and other privately-owned stocks. Most of these companies also provide you with a report on the company and their current value. It's important to remember that you won't be able to sell your shares until the company goes public, which means you may be sitting on these shares for months or years, in which time the market may shift. 'You might therefore be buying restricted stock for the same price or less than free trading stock is selling for once the company goes public.On the other hand, if you find a hot startup, and get in early, you might make a huge pop down the line if you have the cash to tie up for a while,' says MHB of TheDomains.com. Since the investment is so big, it's important to discuss your decisions with financial advisors before moving forward with the purchase of a block of stocks (See References 2).

Friday, August 14, 2015

How to Buy Common Stock


Open a brokerage account, either online (cheapest) or with a discount or full-service broker. Experienced traders can save money online while novices will probably benefit from the advice of a broker, at least for a while. Deposit funds in the account and wait for the money to clear. Although some firms have no account minimums, many will require at least an initial deposit of $1000 to $2500.
Pick the stock you want to buy and pay close attention to its price and the direction that it's trending in. If the price is falling quickly and you want to buy, then you can place a market order, which means that the pit specialist will give you the specified number of shares at the prevailing market price. But if the price is rising, you will be wise to set a limit on the price. For example, if the stock price is currently $47 and rising, then you might place a limit order at $50 per share so that you don't end up buying in at the top.
Get the trade you want by specifying 'All or None' or 'Fill or Kill' on your order. If the trader cannot get you your entire order at your specified price, then the trade will not go through. Fill or Kill orders have the same condition, but they must be done either immediately or not at all. AON orders can be left standing.
Regardless of whether you use a full-service broker or place your trades online, you must supply the same information. For example, if you buy 500 shares of a stock at $50 FOK, you would either simply tell your broker that over the phone or type that order into the computer system. Most online trading platforms would require you to enter in the numerical data, and then click on a choice specifying such things as AON or FOK.
Use the tools on your brokerage website to follow and chart the movements of your stock. Even most full-service brokers offer web tools and market research and commentary for their investors. If you cannot get hold of your broker when you need to place a trade, call the firm's trading desk and they will be able to help you.