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rockyman935

How to buy stock in carnival

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I bought mine with my TDAmeritrade account and it's in my IRA. I like how I am getting a substantial benefit with an IRA stock before my retirement.

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Be aware that Carnival in their Terms states that this OBC policy must be renewed every year. There’s no guarantee it will exist next year.

 

True, but this has been in place and renewed since, at least, 2003 when we started cruising.

 

Further, if you think through the marketing tool being used here, it is a great way to incur loyalty to CCL brands.

 

If I was faced with a 14 day HAL or Princess cruise for $xxx that would receive $250. OBC, and a Celebrity cruise for near the same $xxx with little or no OBC, you can easily see which I would choose. (kinda wonder why 'X' shareholder benefit is so nearly impossible to get)

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You'll do ok investing on your own without a broker , Go with Scottrade

$7.00 to buy $7.00 to sell , $500.00 will open you an account ,add to it as you like . Just invest what you are confortable with . Have'nt looked at Carnival stock price lately 100 shares are around $3500.00

 

We bought 100 shares of Carnival stock in August, it was $6,600.

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I cruise with Carnival a lot so it made a great deal of sense to me to buy stock as soon as I learned of the OBC benefit. I bought 101 shares on 8/21/2008 at a cost of $3,610.75. I have reinvested all the dividends so I now own 123.328 shares that are worth $8,237.08 at today's close. A nice return. But I also did a quick analysis of the OBC I received during the last 9 years (about 78 cruises) and my chart tells me it was $7,400. Carnival has been " beery beery good to me". Thank you, Carnival!

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This old thread had a fella saying you should not invest with your heart. I don't think that is true at all. Sure charts and statistics are nice but you if you don't like the company, you should pass.

 

Warren Buffet has often bought companies he likes. See's Candy, Coca-Cola, Dairy Queen, and NetJets are companies he liked and did quite well with them.

 

After my first cruise I took a position because I liked the company. The shares have gone from 45 to $65 each so I am happy as a clam at high tide in warm water. I found out about the shareowners OBC after I put in the market order, and have made more than the dividend from this benefit.

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This old thread had a fella saying you should not invest with your heart. I don't think that is true at all. Sure charts and statistics are nice but you if you don't like the company, you should pass.

 

Warren Buffet has often bought companies he likes. See's Candy, Coca-Cola, Dairy Queen, and NetJets are companies he liked and did quite well with them.

 

After my first cruise I took a position because I liked the company. The shares have gone from 45 to $65 each so I am happy as a clam at high tide in warm water. I found out about the shareowners OBC after I put in the market order, and have made more than the dividend from this benefit.

 

I also invest in companies I like and patronize and I've done very well!

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The question is “Why do you like the company” . Is it because of its investment potential, or because you like the hors d'oeuvre in the Chart Room?

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Sorry about my last post. I meant...

 

The question is “Why do you like the company” . Is it because of its investment potential, or because you like the hors d’oeuvres in the Chart Room?

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Ive been considering buying 100 shares for the on board credit.

The last 11 months I’ve taken 8 carnival cruises which would have netted me $800 in OBC. In the next 5 months I have already booked 6 more carnival cruises where I could receive $600 in OBC if I was a shareholder. 

Can someone explain how buying shares would be a bad investment for a frequent cruiser? I realize a $6 drop per share would negate my savings, but at the same time, a $6 rise would would net me $600 plus the $600 OBC.

 

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On 12/5/2012 at 8:43 AM, CRocks said:

 

Yes, you can use it wallpaper your bathroom with it as the shareholders of Enron + Worldcom did with theirs :rolleyes:.

 

Bottom line, if yah gotta ask how to do it, you AIN'T ready! Anyone can buy stock w/o knowing what they're doin, but that's "gambling" not "investing". ALSO, do a search for investing message boards and post your quiry there. Feel free to include these respones + see their reaction. This place is WONDEFUL for cruise advice. For investment advice, NOT SO GOOD!!! 😄

 

I just bought my 100 shares a few weeks ago, but it doesn't bother me that it has dropped $6 a share since I bought it.  It will rebound and I already have gotten $350 in OBC for my next 4 cruises booked.  We sail 2-4 times a year, so the dividend and OBC is fine with me.

 

And I just love how this thread started 6 years ago with this guy bad mouthing the Carnival stock.  Maybe he can steam the shares off his bathroom wall.

Edited by HawkIVette

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2 hours ago, gmblr said:

Can someone explain how buying shares would be a bad investment for a frequent cruiser?

 

 

Who said it's a bad investment? 

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Never thought about buying shares but I would be interested in investing in Carnival since I love to cruise. How do you go about buying or investing? 

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2 hours ago, JaiJae said:

Never thought about buying shares but I would be interested in investing in Carnival since I love to cruise. How do you go about buying or investing? 

There are several ways to go about buying stock.  Do you have an IRA or retirement account?  I had my wifes Investment Company that holds my wifes retirement money just buy 100 shares and hold it.

 

Or you can sign up online with Scottrade or another brokerage account.

I have bought individual stocks through an online company called Stockpile.  Order as much $$$ of a stock for just 99 cents per trade. 

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4 hours ago, JaiJae said:

Never thought about buying shares but I would be interested in investing in Carnival since I love to cruise. How do you go about buying or investing? 

 

i use a broker service called RobinHood to purchase stocks

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On 12/5/2012 at 8:42 AM, fyree39 said:

Mutual funds are taxed annually, unlike individual stocks. My dad, Mr. Smart Investor, advised me to get out of mutual funds and into individual stocks. I started with $500 of Ford, sold that at a quite remarkable profit, and have enjoyed dabbling ever since. My stocks are not my retirement fund.

 

OP, the price of Carnival stock should go down in the winter season and is a good time to buy. I purchased mine in 3 different transactions over the course of a year until I had the required 100 shares. So far I've received 3 dividend checks of $25 each and OBC of $100. I very much enjoy the benefits of my CCL stock and hope you do too. 🙂

We bought Carnival stock a few years ago in out retirement 401k account. That way, you get the $100 on board credit for each 7 day cruise (tax free),  your dividends, and profits are not taxed until you sell the stock and withdraw the money from your 401k after retirement. It is money you are not going to use until after retirement so this is a good way to do it.

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On 12/5/2012 at 6:15 PM, guxu said:

I am sure OP just wants to buy 100 shares of CCL and enjoy the shareholder's benefit. At today's price, 100 shares of CCL is only $3.7k. And you call it $$$$$$$$$$ and worth some investment lectures?

 

If you buy 100 shares today, the dividend rate based on the price YOU paid is about 2.7%, which is much better than normal savings account insterest rate. For people who bought CCL just for OBC, they will hold the stock for long time. As long as they do not sell, they will not make or loss money no matter what the market price is. They will enjoy dividend and OBCs (on Carnival, Princess, Costa and more). The risk is very slim unless you believe Carnival Corp will go under in near future.

Still true today

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The shareholder's benefit is great for frequent cruisers.  Easiest way to get to 100 shares, is with your 401k or IRA account.  We've owned Carnival stock for about 12 years now.  In addition to the OBC, it pays $2.00/year in Dividends.  We've probably gotten close to $1500 in OBC with all of our cruises.  Since Carnival also owns HAL and Princess (plus others), you get the same benefits on their ships.  We have all of our retirement accounts with Fidelity, and I absolutely love them.  Only charge $4.95/transaction.  Their customer service is available by phone 24/7.  I've never had a rude person on the phone or in our local office.  We also own 100 shares of Royal Caribbean stock.  We've nearly doubled our investment with RCL in the past 3 years, plus a nice dividend.

 

Their Board renews this benefit on an annual basis, but they've been doing it for a LONG time.  I think there would be a revolt if they ever discontinued this program.  

 

$50 OBC on cruises 6 days or less

$100 OBC on cruises 7 to 13 days

$250 OBC on cruises 14 or more days

 

 

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