I have the following options in mind and haven’t decided what to do. My portfolio is still in the green for now, but just out of curiosity, how are you reacting to the current situation?
When will this company start paying dividends to its shareholders?
Sotkamo has not been very keen on paying dividends.
In the extensive report made in January, the analyst writes this 
We do not expect the company to pay dividends, but rather to focus on developing the Silver Mine and extending its lifespan (incl. potential exploration investments in nearby areas)
Should I let Fugro NV buy me new shares for the dividend amount instead of receiving dividends? I haven’t encountered such a question before in my investment career. I have until May 12th to think about it. The dividends would be 0.75x155, which is approximately 116 euros minus taxes.
Experiences with paid news services?
With Nordnet enabling pre-market trading, interest was slightly piqued.
Now trying Benzinga Pro; at least watchlists and importing from Excel work well. However, it seems that some news still comes with a slight delay…
It seems that this kind of “trading on news headlines” is nowadays so heavily a job for bots that I don’t know if a private investor can really succeed in it. Professionals have bots connected to Bloomberg’s feed that analyze all news data in milliseconds and react automatically.
Bloomberg’s (expensive) terminal is the standard for professionals in this regard, and competing market news feeds are consistently a tiny bit behind, excluding official announcements that hit every feed at the same time.
Yeah, I’ve suspected this myself. It’s probably not worth trying to trade the immediate reaction. Unless one has a strong conviction about bots’ misinterpretations.
However, the market often sees these 1-3 day “delayed reactions” where positions taken on the initial trigger have likely rotated once, after which the stock begins a longer-term trend.
I’m looking for a service where I can import a long list of tickers to follow and get a filtered news feed for them. If it’s free, even better.
Hi. Does anyone knowledgeable happen to know how to get rid of a few Canadian stocks that have become almost worthless and won’t sell? There are 3 of them, and their total value is a few euros. Thanks.
Was it a smaller trade? In those bull/bear things, there’s a minimum size (was it 1000e?) that is without fees. For trades smaller than that, they apply. Sometimes historically there have also been cases where the system first shows fees, but afterwards when looking at the history, those fees haven’t been charged. If it’s unclear, it’s worth bothering Nordnet’s customer service.
Yeah, it was a smaller trade (well under 1000e). At the time of purchase, it was indeed 0e, and a 10e brokerage fee was charged retroactively for both directions.
I contacted them and demanded a 10e refund. Before, I’ve been able to trust that all trading costs in Nordnet are included at the time of purchase. Well, now that 0e was puzzling, but when trading with high leverage, you have to be quick with buys and sells. So, it was partly my own fault. In Nordnet, bear trading costs are free (if over 100e), and in some bull products, I’ve also seen very cost-effective and even free trading costs (though not on the Swedish stock exchange side, if I recall correctly).
“Value” is exactly what you get when you sell them. So if they don’t sell for a few euros, their value might not be a few euros. So have you tried to sell them at the lowest possible limit price (like $0.01) and they still won’t sell?
In addition, e.g., Interactive Brokers buys positions that otherwise won’t sell for a nominal price of a dollar. Which broker do you use, have you asked your broker about such a procedure?
For a few years, I’ve been using Morningstar for portfolio tracking. Or rather, tracking just means daily prices, not any key figures or anything like that.
Now Morningstar announced that it’s discontinuing this portfolio system of theirs. I think it was June 27th, so very soon. Does anyone know of another free place that would have a similar service? Where you would just enter the company or fund name and the number of shares or units, and the system would then fetch the daily prices into a table and calculate their values?
Thanks in advance!
Yahoo Finance is quite nice. Finnish stocks can also be found there
Fortum, for example.
If you create an account there, you can track quantities, prices, costs, and even cash. I’m not sure how ETFs and funds are found.
I personally keep track of my holdings in an Excel spreadsheet, where I automatically fetch prices from the internet with a button, usually daily.
I just tried Kauppalehti’s Oma salkku. It would otherwise be quite sufficient, but the system didn’t recognize all of my investments. Two German companies and one Danske Invest fund were missing.
Yahoo Finance seems too complicated for me. I am not a professional investor.
Your Excel sounds great! Is it a template available somewhere, or have you customized it yourself? Since I’m unfortunately not an Excel master, could you give me some tips on how to get started with building one?
Here too there would be interest in a similar Excel template, but I don’t really have the time/expertise for that Excel wizardry..tips would be needed to get started or some ready-made template to modify @Qwerty123
In Google Finance, you can also create portfolios as long as you are logged in with a Google account.
https://www.google.com/finance/ from there “new portfolio” and start filling it in.
Google Sheets (a browser-based program similar to Excel) also has Google Finance functions that allow you to retrieve live data from Finance into a spreadsheet.
However, for some reason, the Oslo Stock Exchange is missing from Google Finance, so if you have stocks from there, you cannot add them. Similarly, unlisted funds, etc., are missing.
It might be late, perhaps, but as an apport transaction. You will have to pay transfer tax.
Hypothetical question. I would get either about 4,000 euros or 8,000 dollars from selling the stock now. These are estimates. Should I rather take the money in euros or dollars?
It depends on what form you ultimately want the payment in and what complications or exchange costs are involved.
With that kind of exchange rate (or even close to it), the dollar would be the overwhelming choice, unless there’s some fine print that it’s only paid to an American account, from which transferring it out costs a fortune, is delayed, or requires huge bureaucracy, etc. But I assume you exaggerated the situation and the difference isn’t really that big (8000 USD is a little over 6900 euros, so quite a lot would have to disappear in costs for it not to be better in dollars).
Generally, it’s worth calculating the final cost of different options and considering the work/effort up to the point where the money is in your desired place in your desired form.