DqALEX Posted October 8, 2008 Author #101 Share Posted October 8, 2008 You have age on your side. Seems like you have everything going your way. My 401 is down about 25% for the year and it is a 20 year old plan. I am not worried other than it may postpone my retirement by a few years.We too will continue to vacation and cruise as our motto has always been to "live cheap and travel well". I am in the process of moving some cash to an online account so I can take advantage of the low CCL stock prices. I like your plan Doug. Travel well Link to comment Share on other sites More sharing options...
DGP1111 Posted October 8, 2008 #102 Share Posted October 8, 2008 Thats not good for Carnival or its stock holders. Tomorrow is another day Well, that 'tomorrow' is now today, and CCL hit its 52-wk low a bit earlier. :( Link to comment Share on other sites More sharing options...
DqALEX Posted October 8, 2008 Author #103 Share Posted October 8, 2008 Well, that 'tomorrow' is now today, and CCL hit its 52-wk low a bit earlier. :( we still have another 1/2 left to see where it goes. Oil is down. thats a great sign Link to comment Share on other sites More sharing options...
Trece Posted October 8, 2008 #104 Share Posted October 8, 2008 I had never explored this issue before and have never purchased stock before on my own, so I'm a real newbie here. It really seems like the practical thing to do. I think I can open an Ameritrade account (and get frequent flyer miles) in order to do this, but if anyone has any suggestions about taking the plunge, I'd love to hear them. My question is about the shipboard credit. I've read that even if I have 100 shares and DH has 100 shares, we can only get one credit per cabin. That I understand. However, if I buy the 100 shares in my name and my Mom's name, assuming we are NOT on any of the same cruises, can she use those 100 shares to get shipboard credit for her booking and then me do the same on a different booking with the same 100 shares? I'm just trying to figure out how to title the shares to maximize the benefit (and also possibly to get Mom to contribute to the purchase price, haha). Thanks in advance for any assistance! I don't want to take too long to research the issue.:D Link to comment Share on other sites More sharing options...
scperk Posted October 8, 2008 #105 Share Posted October 8, 2008 I had never explored this issue before and have never purchased stock before on my own, so I'm a real newbie here. It really seems like the practical thing to do. I think I can open an Ameritrade account (and get frequent flyer miles) in order to do this, but if anyone has any suggestions about taking the plunge, I'd love to hear them. My question is about the shipboard credit. I've read that even if I have 100 shares and DH has 100 shares, we can only get one credit per cabin. That I understand. However, if I buy the 100 shares in my name and my Mom's name, assuming we are NOT on any of the same cruises, can she use those 100 shares to get shipboard credit for her booking and then me do the same on a different booking with the same 100 shares? I'm just trying to figure out how to title the shares to maximize the benefit (and also possibly to get Mom to contribute to the purchase price, haha). Thanks in advance for any assistance! I don't want to take too long to research the issue.:D It is One OBC for each cabin...Dennis Link to comment Share on other sites More sharing options...
BigDfromTN Posted October 8, 2008 #106 Share Posted October 8, 2008 Well call me crazy... But I pulled the trigger! I started to a few months ago when it was right at 30 and then kicked myself when it was at 40! Hope it all turns out well. Worst case I lose less than $3000.00. I think the reward will out weigh the risk at this point. BUT thats just me! Link to comment Share on other sites More sharing options...
Trece Posted October 8, 2008 #107 Share Posted October 8, 2008 Dennis, Thanks for answering! That part I do understand. My question is, though, that if the 100 shares are titled in my Mom's name and mine jointly, can I use it on any cruise I sail on (therefore Princess is looking at my name as the owner) and can she use it on any cruise she sails on (therefore Princess is looking at her name as the owner). It would NOT be the same cruise and therefore obviously not the same cabin or the same date. For example: Mom and I buy 100 shares, jointly owned, tomorrow. She books a cruise for March 2009 for herself and my aunt and supplies our (me and Mom) jointly owned share certificate as proof and gets the OBC for herself. I book a cruise for September 2009 for myself and DH and supply our (me and Mom) jointly owned share certificate. Does this work? If I'm still not making myself clear, let me know and I'll try to think of another way to ask. ;) Link to comment Share on other sites More sharing options...
tha sista Posted October 8, 2008 #108 Share Posted October 8, 2008 Dennis, Thanks for answering! That part I do understand. My question is, though, that if the 100 shares are titled in my Mom's name and mine jointly, can I use it on any cruise I sail on (therefore Princess is looking at my name as the owner) and can she use it on any cruise she sails on (therefore Princess is looking at her name as the owner). It would NOT be the same cruise and therefore obviously not the same cabin or the same date. For example: Mom and I buy 100 shares, jointly owned, tomorrow. She books a cruise for March 2009 for herself and my aunt and supplies our (me and Mom) jointly owned share certificate as proof and gets the OBC for herself. I book a cruise for September 2009 for myself and DH and supply our (me and Mom) jointly owned share certificate. Does this work? If I'm still not making myself clear, let me know and I'll try to think of another way to ask. ;) You asked for opinions and while mine may be unpopular, it is mine... I think if you set up your account this way and Carnival allows it, it is seriously taking advantage of the system. Carnival Corp does not have to allow for this benefit at all and if it becomes abused, they could take it away in the future. If you are going to buy the stock then you get the credit; if your mother is going to buy the stock then your mother can get the credit. That's my $0.02 popular or unpopular! Link to comment Share on other sites More sharing options...
neatokimmo Posted October 8, 2008 #109 Share Posted October 8, 2008 Oooooh the pain, I didn't get to buy any today, my wire transfer came in after my lunchtime, the only time I can trade. Did you get it at a good price? I am all set to try again tomorrow :) I don't want to be one of those annoying overly positive types but since LAST Oct, I've seen my account crash three times, an amount that is MORE than what I earn in a year. And I've seen it recover twice...so I am optimistic that in a little time (maybe a few months?) that it will recover what it needs to put most of us back in the game. Well call me crazy... But I pulled the trigger! I started to a few months ago when it was right at 30 and then kicked myself when it was at 40! Hope it all turns out well. Worst case I lose less than $3000.00. I think the reward will out weigh the risk at this point. BUT thats just me! Link to comment Share on other sites More sharing options...
hopfme Posted October 8, 2008 #110 Share Posted October 8, 2008 I'm hoping to get some tomorrow! Link to comment Share on other sites More sharing options...
scperk Posted October 8, 2008 #111 Share Posted October 8, 2008 I'm hoping to get some tomorrow! I hope you get some before it goes back up, it's at $29.59 at weds close...I understand they have been paying about $40 a quarter in dividends and $100 every time you cruise, I think it's a good investment if you cruise a lot....Dennis Link to comment Share on other sites More sharing options...
MAC7 Posted October 8, 2008 #112 Share Posted October 8, 2008 I hope you get some before it goes back up, it's at $29.59 at weds close...I understand they have been paying about $40 a quarter in dividends and $100 every time you cruise, I think it's a good investment if you cruise a lot....Dennis I am with you..DW and I cruise at least 2 times per year so the OBC is a bonus but also understand that it's not a given that it will always be there. We are newbies at this so we are going to take baby steps. We are set to purchase 30-40 shares if it hits $28. We know that 100 shares are required for the OBC, so we will be short, but at least we are on our way. It took us 6 years to get to platinum, so we can wait it out for this as well. Good luck to all! Cheers! Link to comment Share on other sites More sharing options...
allpoints Posted October 9, 2008 #113 Share Posted October 9, 2008 Just confirming....the CCL stock will get you the OBC for Princess and Cunard as well? Link to comment Share on other sites More sharing options...
UpstateCruizer Posted October 9, 2008 #114 Share Posted October 9, 2008 Just confirming....the CCL stock will get you the OBC for Princess and Cunard as well? This is the link for shareholder benefits for CCL stock http://phx.corporate-ir.net/phoenix.zhtml?c=140690&p=irol-sharebenefit Once you click on that then click on the link that says "Click here to view our Shareholder Benefit." That explains it all and will show you the Carnival brands and their contact info. The answer to your question is Yes both Cunard and Princess are listed under the share holder benefit program. Please do yourself a favor and read the information on the links I've sent. Don't just trust what I post or anyone on here for that matter esp when it comes to investing money. I'm a big supporter of owning CCL stock :) Link to comment Share on other sites More sharing options...
tha sista Posted October 9, 2008 #115 Share Posted October 9, 2008 Just confirming....the CCL stock will get you the OBC for Princess and Cunard as well? All CCL Brands... Link to comment Share on other sites More sharing options...
DqALEX Posted October 9, 2008 Author #116 Share Posted October 9, 2008 If you hold the stock long term I don't think anyone will get hurt buying this stock. The ships are still sailing full. Cruise lines have very cheep labor. Once they have you on that ship, you are not going next door to buy soda or a drink cheeper. As soon as oil comes down Carnival and RCL should do well. ( I HOPE) Link to comment Share on other sites More sharing options...
KAWS Posted October 9, 2008 #117 Share Posted October 9, 2008 This is the link for shareholder benefits for CCL stock http://phx.corporate-ir.net/phoenix.zhtml?c=140690&p=irol-sharebenefit Once you click on that then click on the link that says "Click here to view our Shareholder Benefit." That explains it all and will show you the Carnival brands and their contact info. The answer to your question is Yes both Cunard and Princess are listed under the share holder benefit program. Please do yourself a favor and read the information on the links I've sent. Don't just trust what I post or anyone on here for that matter esp when it comes to investing money. I'm a big supporter of owning CCL stock :) It says here that "This benefit is applicable on sailings through July 31, 2009" and Reservations must be made by February 28, 2009". Does that mean that after that no more OBC would be issued to future cruises? Or am I reading that wrong? Also for Princess it says "The onboard credit for Cunard Line, Princess Cruises and Costa Cruises isdetermined based on the operational currency onboard the vessel." I'm not sure what that means. :confused: For anyone that has used this on Princess, can you also get the OBC that comes with a FCC or is it an either/or? Link to comment Share on other sites More sharing options...
tha sista Posted October 9, 2008 #118 Share Posted October 9, 2008 It says here that "This benefit is applicable on sailings through July 31, 2009" and Reservations must be made by February 28, 2009". Does that mean that after that no more OBC would be issued to future cruises? Or am I reading that wrong? Also for Princess it says "The onboard credit for Cunard Line, Princess Cruises and Costa Cruises isdetermined based on the operational currency onboard the vessel." I'm not sure what that means. :confused: For anyone that has used this on Princess, can you also get the OBC that comes with a FCC or is it an either/or? Yes that means they can offer no more OBC, but I think each year they extend the offer through the year. As for your other question, you should call Carnival. Link to comment Share on other sites More sharing options...
DqALEX Posted October 9, 2008 Author #119 Share Posted October 9, 2008 I hope we see a good jump today. Link to comment Share on other sites More sharing options...
MimiKiwi Posted October 9, 2008 #120 Share Posted October 9, 2008 I just bought 100 shares this morning for 29.51. :) Link to comment Share on other sites More sharing options...
DqALEX Posted October 9, 2008 Author #121 Share Posted October 9, 2008 I just bought 100 shares this morning for 29.51. :) Welcome to the club. Long term I feel its a great investment. I own 104 shares. If it falls into the low 20s I might bite and go for more. Link to comment Share on other sites More sharing options...
Uncle Doug Posted October 9, 2008 #122 Share Posted October 9, 2008 My electronic transfer went through on Monday but they put a 4 day hold:eek: I never heard of a hold on an electronic transfer. I hope CCL stays low for a few more days. Link to comment Share on other sites More sharing options...
Rowan555 Posted October 9, 2008 #123 Share Posted October 9, 2008 We bought last week. Lost more than the cost of the cruise we just came home from while we were at sea... Link to comment Share on other sites More sharing options...
DqALEX Posted October 9, 2008 Author #124 Share Posted October 9, 2008 We bought last week. Lost more than the cost of the cruise we just came home from while we were at sea... I bought at $41.00. If you can hold long you won't get hurt. Link to comment Share on other sites More sharing options...
WinnipegCruiser Posted October 9, 2008 #125 Share Posted October 9, 2008 Well call me crazy... But I pulled the trigger! I started to a few months ago when it was right at 30 and then kicked myself when it was at 40! Hope it all turns out well. Worst case I lose less than $3000.00. I think the reward will out weigh the risk at this point. BUT thats just me! You can only lose $3,000 IF CCL goes to zero. There is very little chance for that. Despite what a lot of people think, buying stock is not really like a casino bet. There have not been very many companies that went to zero (Enron, Pan-Am Airlines?), but even then, you would have to be blind not to see the signs before zero. If you bought 100 shares, you probably paid about $30 in fees. So the stock has to go up $0.30 per share just to make back the fees. However, if you use the OBC, you are already up $.070 a share! Good luck. I am trying to decide between CCL, MSFT, and some Alberta Energy Stocks... Still watching for the right moment to pull the trigger. Link to comment Share on other sites More sharing options...
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