Jump to content
  • 0

funds


jamiedixon

Question

hi,

I have deposited 2900 in to my account, spent 2625 on shares and have spent 40 on commissions leaving it at 2585 and 275 in available funds. li had 10 lvgo shares which paid me 54.25 and 32.13 in dividend and client consideration then -1083.07 client consideration (from the merg of lvgo and tdoc ) and then got 4 tdoc shares in return. I originally brought  4 tdoc shares at 218/share then added another 5 at 171. With the 5 shares they give me this adds to 14 shares with an aveage price of  123.7436. what im confused abbout is that its saying i have a profit of 600 but with my 14 shares of tdoc and 5 shares of SLP (in a 20 profit) and my available funds of 275.24 gives me an accont value of 2445. How is this 600 profit when ive actually got 350 less then i invested????  this is very misleading and i am wondering where the other 350 has vanished but im in 600 profit? im new to using to investing in stocks but would  be a massive help if someone could let me know how 350 disappeared and im now in an apparent 600 profit even though account value in lower then when i started? 

thanks

Link to post

1 answer to this question

Recommended Posts

  • 0
On 11/11/2020 at 16:03, jamiedixon said:

hi,

I have deposited 2900 in to my account, spent 2625 on shares and have spent 40 on commissions leaving it at 2585 and 275 in available funds. li had 10 lvgo shares which paid me 54.25 and 32.13 in dividend and client consideration then -1083.07 client consideration (from the merg of lvgo and tdoc ) and then got 4 tdoc shares in return. I originally brought  4 tdoc shares at 218/share then added another 5 at 171. With the 5 shares they give me this adds to 14 shares with an aveage price of  123.7436. what im confused abbout is that its saying i have a profit of 600 but with my 14 shares of tdoc and 5 shares of SLP (in a 20 profit) and my available funds of 275.24 gives me an accont value of 2445. How is this 600 profit when ive actually got 350 less then i invested????  this is very misleading and i am wondering where the other 350 has vanished but im in 600 profit? im new to using to investing in stocks but would  be a massive help if someone could let me know how 350 disappeared and im now in an apparent 600 profit even though account value in lower then when i started? 

thanks

Hey @jamiedixon

If you're a little confused on the account balance it would be best to reach out to us we can go through all transactions. 

All the best 

Link to post

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Answer this question...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • General Statistics

    • Total Topics
      13,773
    • Total Posts
      68,615
    • Total Members
      57,463
    • Most Online
      5,137
      14/01/21 09:51

    Newest Member
    prob323
    Joined 25/01/21 23:55
  • Posts

    • Doloress. If you don't want to buy them on an exchange and use a wallet to sold storage them yourself, you cshould consider someone like Globalblock who will enable you to buy/sell and also offer a safe storage solution for Crypto. I also use Gemini which you can set up easily online and have safe storage solutions. Click and trade. Bybit are not bad as an exchange but you sound like you are just starting up so you may want to consider one of the two earlier options for peace of mind. My advice would be to start off with something like 60% BTC ,  30% ETH and the remaining 10% split into alts like Polkadot , ADA, XLM and LTC. Use Tradingview (or IG have this actually) to look at the ETHBTC chart over four years which shows you that ETHBTC got close to  1,000 at one point and is currently only 415 . This shows you that in a bull market ETH should outperform BTC by almost twice. Other alts could give you even more upside relative to BTC  but the big institutions are buying nearly all BTC and some ETH. Other useful sites are real vision.com with lots of good Crypto explainer videos. Follow PlanB, Northstar ,Nikkitrades and a few others on Twitter . Good luck!! 
    • If you want long exposure to Bitcoin you could consider buying Microstrategy Inc as a kind of proxy call option seeing as they have a policy of hoarding Bitcoin, but they have run up a lot recently despite Bitcoin retracing significantly from its recent high, so allow for a delay effect. I would try to value the  company with and without the Bitcoin stake to get an idea how much fluff is in the price, cos if everyone suddenly dumps their Bitcoin at the same time it could end up being a virtual asset that is virtually worthless.  
    • Hey all,  There's a team currently working to add a dividend reinvestment plan. We don't have a time frame yet but I will update you.  All the best
×
×
  • Create New...