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1 hour ago, Lee Cruiser said:

What are you using that charges a $6.95 fee?  Many have no fees now.  I use Ameritrade and don't pay any fees.  I make 15-20 trades a week.

 

Exactly, I use Schwab and they don't charge any fees either.

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1 hour ago, Lee Cruiser said:

What are you using that charges a $6.95 fee?  Many have no fees now.  I use Ameritrade and don't pay any fees.  I make 15-20 trades a week.

Thank you, you are correct. I didn't realize the past few trades I did had no fee's. E Trade.

 

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2 hours ago, drsel said:

Maybe you can buy separately on your name and your wife's name, so you get to use 2 shareholder credits

That only works if you book separate cabins as it is one shareholder OBC per cabin.

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there is a rational and logical way to invest in a stock which fluctuates wildly like carnival.

Buy
1 share at 20,
2 shares at 19
4 shares at 18
8 shares at 17 and so on

So if it falls to 11, you will end up with 66 shares.
And if it falls to 1 you will end up with 231 shares

But you will always have bought the maximum number of shares at the lowest price!
You can also use a multiple of these figures, if you want to invest much more.
the only risk is if it goes bankrupt.
Is carnival survives (and I expect it will), post this crisis, you would have made a huge profit.
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Sorry, I meant

Buy

1 share at 20

2 shares at 19

3 shares at 18

4 shares at 17 and so on

 

So if it falls to 11, you will end up with 66 shares.

And if it falls to 1 you will end up with 231 shares

 

You can also use a multiple of 10.

In that case,

If it falls to 11, you will end up with 660 shares.

And if it falls to 1 you will end up with 2310 shares

 

But you will always have bought the maximum number of shares at the lowest price!

 

 

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Sorry, there was a calculation error which no one noticed.

 

If it falls to 11, you will end up with 55 shares (not 66)

And if it falls to 1 you will end up with 210 shares (not 231).

 

You can also use a multiple of 10.

In that case,

If it falls to 11, you will end up with 550 shares (not 660).

And if it falls to 1 you will end up with 2100 shares ( not 2310)

 

But you will always have bought the maximum number of shares at the lowest price!

 

 

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