Carnival Stock Purchase

[P&PNH]

Thank you.  I just found it myself in the annual report under shareholder benefits.  Valid through July 31, 2024 so far.

[Elaine5715]

4 hours ago, P&PNH said:

Thank you.  I just found it myself in the annual report under shareholder benefits.  Valid through July 31, 2024 so far.

It gets renewed at the annual stockholder meeting.

[john91498]

I think some are overthinking.

 

My brother in law buys enough stock for the OBC and then he immediately sells it. Costs him nothing for the OBC. 

[Purvis1231]

On 4/2/2023 at 12:40 PM, Arizona Sunshine said:

Carnival stock is down 84.27% in the last five years.

 

In that period --- to the day --- Walmart stock is up 70%, Costco is up 170%, and Microsoft is up 220%.

 

With $1000 invested on April1st, 2018, your current holdings would be worth the following:

 

Walmart     1701

Costco       2701

Microsoft    3195

Carnival       157

 

On what basis have you determined that CCL is a good place to invest your capital?

 

 

Right now buying Carnival stock is a gamble-people do gamble every day.

[Arizona Sunshine]

2 hours ago, Purvis1231 said:

Right now buying Carnival stock is a gamble-people do gamble every day.

Makes sense, thanks for clarifying.

[mz-s]

$1000 in a stock is not going to end anybody's retirement plans obviously so that is part of it. Especially if you buy it, get your statement to satisfy the OBC form, and then sell it. Be aware of any possible tax implications of doing that obviously - talk to your accountant.

 

Buying an individual stock is always a gamble, and right now buying a cruise line stock (really any of them) is like splitting 10's on Blackjack.

[BlerkOne]

6 hours ago, mz-s said:

$1000 in a stock is not going to end anybody's retirement plans obviously so that is part of it. Especially if you buy it, get your statement to satisfy the OBC form, and then sell it. Be aware of any possible tax implications of doing that obviously - talk to your accountant.

 

Buying an individual stock is always a gamble, and right now buying a cruise line stock (really any of them) is like splitting 10's on Blackjack.

The bet there is that the stock won't increase in price between cruises or each OBC will cause you to risk more and more. And if you sell at a loss and then buy again there can be issues.

[AnitaVacation]

Carnival shares are less than $10 right now. I'm thinking about scooping up another 100 shares as I do have faith that it's going to rise... it's been holding in the $8-$10 area for a while.... the first 100 shares I purchased at $18.62, so, waiting for those to come back up... Carnival stocks were in the $50-$60 area pre-covid.... so at $10, it's a bargain....and I don't see cruising going away anytime soon...(other than that first 100 shares) I'm getting a better return than my savings account.... and It's not like I have $$$$$$...just some fun money in there.... Unfortunately, all of our cruises are casino deals (free), so we cannot use our shares for additional obc.... but it is a good reason to get some as well!!

We use fidelity...it was super simple.

Edited April 10, 2023 by AnitaVacation

[mz-s]

1 hour ago, AnitaVacation said:

Carnival shares are less than $10 right now. I'm thinking about scooping up another 100 shares as I do have faith that it's going to rise... it's been holding in the $8-$10 area for a while.... the first 100 shares I purchased at $18.62, so, waiting for those to come back up... Carnival stocks were in the $50-$60 area pre-covid.... so at $10, it's a bargain....and I don't see cruising going away anytime soon...(other than that first 100 shares) I'm getting a better return than my savings account.... and It's not like I have $$$$$$...just some fun money in there.... Unfortunately, all of our cruises are casino deals (free), so we cannot use our shares for additional obc.... but it is a good reason to get some as well!!

We use fidelity...it was super simple.

 

What happens if the company declares bankruptcy to shed some debt and the stock goes to $0? Very real possible scenario. There are a lot of ways to lose your stock investment even if the company stays in business.

[dan4182]

On 4/1/2023 at 6:11 PM, trummy said:

I am considering buying some Carnival Stock. This is something I have never done. I do not know what to do. What is a good company to go through to do this. I need advise on how to handle this. Any help is appreciated.

If you bank with one of the major banks they usually have a brokerage firm that can assist you with the trade or, as others advised, you can use any of the private firms.

 

We bought 100 shares several years ago at a really low price and have received the $100 OBC for all our cruises since then.

 

Applying for the credit is easy—send them a copy of your most recent brokerage statement with your account # blacked out along with your booking #, sail date and the name of the ship.

 

Make sure the names on the brokerage statement match the names on the booking.

 

Easy peezy!

 

 

 

[dan4182]

On 4/8/2023 at 2:42 PM, BlerkOne said:

The bet there is that the stock won't increase in price between cruises or each OBC will cause you to risk more and more. And if you sell at a loss and then buy again there can be issues.

If you buy 100 shares and hold onto it it doesn’t matter whether the stock price goes up/down you will still get the $100 OBC each time you cruise.

 

We bought 100 shares at a really good price awhile ago and have gotten the OBC so many times that in the next couple of cruises the total OBCs will exceed what we originally paid for the stock.

 

Anything after that is gravy!

[BlerkOne]

3 hours ago, mz-s said:

 

What happens if the company declares bankruptcy to shed some debt and the stock goes to $0? Very real possible scenario. There are a lot of ways to lose your stock investment even if the company stays in business.

The sun might not come up tomorrow, what then? If you have already received more in OBC than the stock cost, so what?

 

Even a bankruptcy is not a guarantee the stock goes to zero.

[bowlinmoe]

I have a couple questions regarding the OBC if you buy Carnival stock…

 

Do you have to own the stock at the time you book or pay for the cruise? I have a cruise in May that is all paid for. Would I still be able to buy stock this week and get the OBC? What is the turn around time?

[tytanbri]

28 minutes ago, bowlinmoe said:

I have a couple questions regarding the OBC if you buy Carnival stock…

 

Do you have to own the stock at the time you book or pay for the cruise? I have a cruise in May that is all paid for. Would I still be able to buy stock this week and get the OBC? What is the turn around time?

You do not but they do ask that you get the request submitted 4 weeks prior to the cruise. I am not sure when you re going in May but it may not be processed in time.

[bowlinmoe]

15 minutes ago, tytanbri said:

You do not but they do ask that you get the request submitted 4 weeks prior to the cruise. I am not sure when you re going in May but it may not be processed in time.

Thanks. My cruise day is 5/7 so I probably need to hurry.

[jbutenhoff76]

4 hours ago, bowlinmoe said:

I have a couple questions regarding the OBC if you buy Carnival stock…

 

Do you have to own the stock at the time you book or pay for the cruise? I have a cruise in May that is all paid for. Would I still be able to buy stock this week and get the OBC? What is the turn around time?

I can confirm this is fine.  I booked/paid for my cruise 2 months ago.  Then read about the OBC and decided to get some shares when it was below $9 using Robinhood (already had an account for crypto failures, so was easy to use!)  After a month went buy and I got my monthly statement I took screen shots of the 2 pages, blanked out my account number, and put them in a Word document.  Emailed to their shareholder address on the 10th of the month, got the OBC added the next day to my booking!

 

Super simple process overall.

[imapilotaz]

Dumb question, but have 2 cabins coming up.  I have 100 shares in my name. If I buy 100 shares in my adult sons name as a gift for him (and he is in the 2nd cabin), we will receive 2 onboard ship credits?  Or does 100 shares qualify for both cabins we booked?

[Denverdonkeys]

6 minutes ago, imapilotaz said:

Dumb question, but have 2 cabins coming up.  I have 100 shares in my name. If I buy 100 shares in my adult sons name as a gift for him (and he is in the 2nd cabin), we will receive 2 onboard ship credits?  Or does 100 shares qualify for both cabins we booked?

if the account is in his name, he can get the credit for the 100 shares. same with you. I have a joint account, If my wife and I split up in cabins (with our kids), i apply for the credit for both of us. I own more than 200 shares, as I believe you should only get one credit per 100 shares. i doubt their system would catch it though as long as both names are on there.

[Denverdonkeys]

5 hours ago, bowlinmoe said:

I have a couple questions regarding the OBC if you buy Carnival stock…

 

Do you have to own the stock at the time you book or pay for the cruise? I have a cruise in May that is all paid for. Would I still be able to buy stock this week and get the OBC? What is the turn around time?

you need to own the stock at the time you apply for the credit. I actively day trade it, sometimes I own at the time of booking, sometimes not. Sometimes I own at sailing, usually not. ha.

 

also you can use the trade advice to show you have 100 shares, you dont need to wait for the monthly statement that might slow down your process.

[Denverdonkeys]

On 4/8/2023 at 2:42 PM, BlerkOne said:

The bet there is that the stock won't increase in price between cruises or each OBC will cause you to risk more and more. And if you sell at a loss and then buy again there can be issues.

the stock price between cruises/OBC requests doesn't matter if you buy and sell it quickly. so many brokers allow for free trades, if you buy it and sell it the next day, it would be very hard for the loss to outweigh the OBC.

 

definitely tax implications to short term (or long term) stock sales.

[BlerkOne]

9 minutes ago, Denverdonkeys said:

the stock price between cruises/OBC requests doesn't matter if you buy and sell it quickly. so many brokers allow for free trades, if you buy it and sell it the next day, it would be very hard for the loss to outweigh the OBC.

 

Too much like work. I'm retired.

 

There are better options for day trading.

[lasekeye]

FYI..we bought our stock last night & the BUY went thru this AM.  Mid morning today I sent in 3 separate requests for 3 sailings (1 email May have been fine)….in less than 4 hours our shareholder OBC benefits are approved!

[Lee Cruiser]

6 hours ago, lasekeye said:

FYI..we bought our stock last night & the BUY went thru this AM.  Mid morning today I sent in 3 separate requests for 3 sailings (1 email May have been fine)….in less than 4 hours our shareholder OBC benefits are approved!

Yes, one email would suffice.  I did it last year for our three cruises between September and April.  All three were approved.

[Lee Cruiser]

On 4/10/2023 at 10:30 AM, BlerkOne said:

The sun might not come up tomorrow, what then? If you have already received more in OBC than the stock cost, so what?

Blerk, here's an article you will like.

 

https://www.fool.com/investing/2023/04/18/better-buy-in-2023-carnival-vs-royal-caribbean-sto/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article

[bowlinmoe]

It was a piece of cake buying the shares and then getting the onboard credit. Carnival was fast in the turnaround. It’s really a no brainer to do this.