What to think when buying shares.

adindas

Dear all.

Am I right to think that we should not believe the advise from the Bank adviser in which you are banking with as there have a tendency trying to sell their own share or the share in which they have the most benefit (e.g. commission, relationship, etc) ?

Is that any benefit of buying share based on your bank adviser where you are banking with ?

thank you for your time

ADINDAS

JimmyBar

Hi all,

New to this site, so please bear with me, especially if this has already been asked!

I have been dabbling in shares for a little while now and made a small profit overall, however there is one question niggling at me that I have searched high and low for the answer to. I understand about record dates and when shares are quoted as ex-dividend etc.

If I were to have shares quoted as ex-dividend for the Q1 payout, I obviously would not receive the dividend, however, if I kept them until the Q2 record date, would I then be eligable for that dividend payment? I only ask because the contract note states the shares as ex-dividend without specifying which quater payment.

Many thanks for you time

Jim

sabretoothtigger

Its usually a Wed so you need to own the shares on the Tues to get the div. Then you can sell them ex div on weds or anytime

http://www.investorresearch.mdgms.com/factsheet/factsheet.html?ID_NOTATION=15198473

You only actually have to hold them 1 day and thats the tues so for SL its the 15th 16:35 you need to be holding them for the night

JimmyBar

Yeah, I understand that, sorry, I got my quaters mixed up in my previous post, didn't explain myself properly!

I bought them ex-dividend as I bought them after the record date for the quater 4 2010 dividend payout. That, of course, means that the contract note is stated as ex-dividend. However, if I keep hold of them until the record date for the quater 1 2011 dividend, does that mean I am eligable for the quater 1 2011 payment despite the contract note saying ex-dividend?

Hope thats a bit clearer.

Jim

marvin

JimmyBar wrote: »

Yeah, I understand that, sorry, I got my quaters mixed up in my previous post, didn't explain myself properly!

I bought them ex-dividend as I bought them after the record date for the quater 4 2010 dividend payout. That, of course, means that the contract note is stated as ex-dividend. However, if I keep hold of them until the record date for the quater 1 2011 dividend, does that mean I am eligable for the quater 1 2011 payment despite the contract note saying ex-dividend?

Hope thats a bit clearer.

Jim

Yes the dates are exclusive to the declared dividend attached to them.

JimmyBar

Nice one, many thanks for that!

dqnet

Hi,

I dont know if I missed the bit where people talked about www.fool.co.uk

Are they any good? Do people use them, they charge 10 per trade in the UK.

Seems a little pricey but I'm new to all of this and would really like to get to work with some shares.

Preferably with the ones that where discussed right at the beginining of this post. Unless people here think that things have changed since then?

sabretoothtigger

I think they are fine, middle of the road. Backed by halifax I think. Start of this thread is 2005...

marvin

sabretoothtigger wrote: »

I think they are fine, middle of the road. Backed by halifax I think. Start of this thread is 2005...

The Motley Fool Share Dealing Service is operated by Halifax Share Dealing Limited. Halifax Share Dealing Limited. Registered in England No.3195646. Registered Office: Trinity Road, Halifax, West Yorkshire, HX1 2RG. Authorised and regulated by the Financial Services Authority, 25 The North Colonnade, Canary Wharf, London E14 5HS. A Member of the London Stock Exchange and an HM Revenue & Customs Approved ISA Manager.

AndyGuil

StevieJ wrote: »

I think that if the Govt bring in 40% capital gains with no tapering and only £2K allowance I will be looking for a less risk free place for my funds.

It will be very surprising if 40% CGT comes in. Reducing the tax level to 18% increased the income from tax for the HMRC. With the 28% level now I can't see them pushing it higher. I for one will be avoiding the tax if it increases, it is already too high.

I've seen a lot of articles suggesting the 28% rate will be reduced to 18% to promote investment. Higher investment will improve growth and the economic recovery as well as increase income for HMRC as a result.