Any stockbrockers i involve comfort?
Melika Randoph bought 1,500 shares of Huge Corporation stock for $155,250. She sold the stock for $101 per share and paid a sale commission of $39. What is the profit or loss from the sale?..do you pay cheque the commission twice once for buying and once for for selling? or just once?
Answers: In the solid world commission is paid both when buying and when selling. Whether the $39 is built into the initial purchase of $155,250 or the commission is $19.50 respectively way, I read it as a total commission of $39.
Here is the math:
Sell $ 151,500 (1,500 * $101)
- Buy - $ 155,250
Stock Loss <$3,750>
- Commission - $39
Net Loss <$3,789>
if you want to cover yourself on your homework,later make details of an additional $39 cost if here is another commission to be paid.
contained by RL you pay twice -- once on the track in and again on the approach out.
however, the way this is worded make it seem similar to the entry commission was included surrounded by the 155,250 cost.
so, document your assumption and then provide both answers on your homework.
I am sorry to transmit you this but stockbrokers need to procure paid. The standard rule is you pay a commission for every trade, i.e. when you buy and when you flog.
Profit or loss is (a) proceeds less (b) justification.
The basis is what is remunerated for the stock and it includes the commissions: 155,289 (155,250+39)
The proceeds is what you received for the sale of the stock and commissions is subtracted from public sale: $151,461 ($101*1500 minus $39)
Proceeds less idea is negative 3,828 or a loss of $3,828
The loss make sense since Melika purchased the stock at $103.50 a share (155,250/1,500) and sold it at $101 a share or a loss of $2.50 per share. The total loss before commissions is 2.50 per share * 1,500 share and equals $3,750. Since Melika have to pay $78 surrounded by commissions for the two transactions, the total loss is $3,828 (3,750 from the stock and 78 for the commissions).
As you can see from the example, commissions reduce profits and increase losses.
Investing surrounded by gold ingots?
I am looking to make an investment buy buying gold ingots. It will be around lb2000 worth. Where is the best place to buy it and at what time? How much will i get for this attraction?Answers: current spot price of gold is more or less 430 per troy ounce, so you do the math.
small buyers are usually steered to gold coins, which put up for sale at about a 5% premium to the spot price.
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presently, are you sure you want to do this?
gold be trading at 250 USD the ounce about a decade ago and presently is about 860 USD the ounce.
what make you believe there's much more upside left?
To find out roughly speaking how much gold you can capture for lb2000, divide lb2000 by the spot price (thebulliondesk.com) which is around lb440/oz. Answer: 4.5 oz.
If you want to invest in gold ingots you can do so without owning it directly by buying Gold ETFs (Exchange Traded Funds that trade resembling stocks but represent physical ounces) or through opening a gold ingots account through BullionVault.com or Kitco.com. This road you can easily buy and provide near the spot price.
If you want to hold the gold surrounded by your hands, compare prices at your local coin dealer and get them to compete against respectively other; see if one will beat the other's best price. You can also compare that to online dealer (make sure to factor in shipping and insurance costs).
The time to buy gold ingots is whenever you have the money! Gold is in the vicinity an all time big but there is nil that says it can't step higher. Buy an ounce immediately then another ounce subsequent month and so on to average out your costs.
Top ten companies to invest within?
i know near nought about stock, i know i own some exxon stock, dont know how much. but i want to invest some more, i would approaching to invest in G00GLE, but its similar to 645 a share right now. phew.. what are your suggestions of companies to invest surrounded by? nanosolar would litterally be one of the best, but their not taking new investors anymore :[Answers: Don't bother next to individual stocks. ETF's will give you diversification and returns that exceed 80% of so-called professional fund manager. Vanguard has an excellent test, e.g.
VTI gives you the entire US bazaar.
VEU gives everything outside the US.
Vanguard also have similar non-ETF funds that make more sense if you want to invest contained by small increments, like $100/month.
The knob to building wealth is to store and invest 10-20% of your after tax income. Max out any excise deferred accounts like 401 or Roth IRA. Don't vend in down market, just keep hold of adding uniformily over time. Avoid brokerage and keep fees to the greatest extent possible. This takes discipline and a long catalogue view.
If you want a Solar play than check OCTL.ob...they've a technology that's amazing and a moment ago now coming to fruition. Also another play is within the Biotech field PYTO.ob.