Worth buying shares for a discount?

little_miss_messiah

Hi

Everyone seems to deduce on the whole shares are looking cheap at the moment. I have all my investments etc sorted and am happy I am not going to be making a killing anytime soon (or ever).

But - I seem to remember from YEARS ago seeing an article in a newspaper about if you owned so many shares in certain companies you got certain privilegs or discounts - I can't recall the actual companies but it was for example own just 1 (or 100 shares) for a permanent 10% discount at (insert popular high st retailer

Just wondered if anyone had any info on this - it might be worth a looky loo - not for the shares, but for a 10% or so could be worth it come Christmas time?

Many thanx in advance

cheerfulcat

Hi there,

Hargreaves Lansdown publish a list of shareholder perks - LINK.

Blah99

You shouldn't buy shares because of shareholder perks, you should buy shares for the right reasons. If you get some perks with the share then great, but otherwise forget about it.

I seem to remember reading an article on this a long time ago. It looked at the best shareholder perks on the market and worked out how many shares you'd need to own to get certain privileges. The end result was a ridiculous number of shares to get anything even half decent...

Nick_C

A lot of people who cruise regularly buy Carnival shares. 100 shares (current cost £1575) get you an "on board credit" on your account of £125 for a two week cruise. If your cruise with Carnival just once a year, that's a 7.9% tax free return at the current price, equivalent to 9.9% for basic rate taxpayers, and 13.2% for higher rate taxpayers. Many cruise addicts take 2 or 3 cruises a year, and there is no limit to how many OBCs you can claim. Carnival is the world's biggest cruise company, owning P&O, Cunard, Princess, Costa, Holland America, and many others.

chopperharris

never buy shares for perks , divis , and profit unless you can afford a loss overall.As one of the posters says the perks are not exactly great and the holding amount is quite high to get thm.

Shares are a gamble , where the bookies always win eventually.Lessen the gamble by throwing it into funds over a longer term spreading the risk , or on the nose for big gains , but with big gains also come big losses.

So if you can afford to lose them go for it.