Advice on shares terminology

unusualname

Hello,

Two weeks ago I decided to take a punt at investing some spare money in stock (via Hargreaves Lansdown). A friend recommend their app to use so I've given it a blast.

So far, I've invested about £5k in four payments, over two different companies

What I can't get my head around is the way the value of my portfolio is presented to me:

===============================
Portfolio Value: £1,033.44
Stock Value: £4,931.89
Cash Value: -£3,898.85
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My friend is out of contact overseas at the moment, so I was wondering if someone familiar with trading stocks/shares could kindly take a moment to explain to me, in idiot's terms, where these figures come from?

How can the value of my stock be £4.9k but the cash value is only £3.9k? Does it mean if I sold all my shares right now, I'd only receive £3.9k?

How can the value of my entire portfolio only be £1k, if my stock is worth £4.9k?

Thank you for reading!

coyrls

You have a negative cash balance (I don't know why): 4931.89-3898.85=1033.44

SonOf

Have the share purchases settled yet? After you purchase, they will not be settled for 2 or 3 days. It looks like only one has settled so far with the others still to settle.

unusualname

Ah okay, that would make sense.

I've had about £1k in the account for about 2 weeks, then only put another £4k in the account today.
As it already reflected the new ~£4k I had invested, I assume all the values would be up to date; but maybe it takes longer for every thing to fall in line.

I will wait to see what happens.

Thank you!

jaizan

I don't use Hargreaves Landsdown, but the 5 brokers I do use all credit payments of money to the account immediately. So I would be inclined to investigate.



The only thing that is not immediate is cash from sales of stocks.

capital0ne

unusualname wrote: »

Hello,
Two weeks ago I decided to take a punt at investing some spare money in stock (via Hargreaves Lansdown). A friend recommend their app to use so I've given it a blast.

So far, I've invested about £5k in four payments, over two different companies
Thank you for reading!

Just out of interest what companies have you 'taken a punt' on?

coyrls

unusualname wrote: »

only put another £4k in the account today.

How did you put the cash in the account? I wouldn't have expected HL to allow you to buy 4K of shares until you had 4K of cash credited to your account.

unusualname

Yes, that's what I did, transferred in the £4k, then bought the shares.

unusualname

capital0ne wrote: »

Just out of interest what companies have you 'taken a punt' on?

I went for Metro Bank and Hollywood Bowl Group

[Deleted User]

Hi,


looks to me that the first £1000 has increased to £1033.44.


The £4000 invested today, as already said, the purchase has not been settled yet, but because of spread is now worth £3898.85.

webjaved

How long does it normally take for the purchase to settle? That is what you should look for in the FAQs section of the website - I can't seem to find it.