Direct Deposit Sheet Ncb: Fill & Download for Free

Given the latest hike in Dirt, never mind the potential impact of paying PRSI as well depending on how much interest you earn, share trading may not have looked as attractive for people chasing real return in quite some time.After all, markets are still in bull territory, while any gain you might make on share trading will be taxed at a more amenable 33 per cent rate, compared with as much as 45 per cent for a savings account or investment fund.Not only that, but if you do end up taking a hit, you can use this loss to offset against any taxable gains you might have in the future. The caveat, of course, is the higher level of risk that share trading presents compared with a deposit account.You’ll have to be prepared to brace yourself for potential uncertainty and volatility ahead. The one area where you can be sure of some certainty is in the charges share trading will involve. What is also guaranteed is that online trading will prove the most economic optionSo whether you’re looking at dabbling in shares for the first time, venturing online rather than through the more traditional channels, or simply looking for an alternative for your Danske Bank online trading portfolio now that it has announced it is pulling the plug on its personal service for Irish customers, what are your options?Go it alone or get some advice?Undoubtedly, the cheapest trading rates are available for those who are willing to act on their own instincts and don’t need professional advice.Of course some would say it might end up costing you in the long-term, but if you’re happy to opt for an execution-only online service you can expect to pay as little as €10 a transaction, plus additional charges such as foreign transaction charges etc.If, on the other hand, you would like the comfort of professional advice before buying or selling, there are plenty of options available.Davy has an advisory option, for example, where a financial adviser will advise you and execute the trade on your behalf if you wish to proceed with it.The minimum amount needed to open such an account is €50,000 and the broker charges an annual fee of 1 per cent on your balance.So, for example, should you have a portfolio valued at €125,000, the fee will be €1,250.Commission charges on transactions also apply, varying from up to 1.65 per cent on shares and exchange-traded fund (ETF) transactions, and a €40 foreign transaction charge on overseas trades.Similarly, Investec (formerly known as NCB Stockbrokers) offers advisory services. At Investec, no definitive minimum account size applies, although it does recommend that an investor should own at least 30 equity holdings, or alternatively collective managed funds and ETFs.Its lowest administration charge is €100 a year, but this varies depending on the nature of the advice given.Its standard commission rates are 1.5 per cent for the initial €25,000 and the balancing amount above the €25,000 being charged at 0.75 per cent.Custodial charges for foreign stocks range from €45 to €80 depending on the region.Choose the pricing model that suits youIf execution-only is more your thing, you’ll find that the market has shrunk somewhat since Danske Bank’s departure.However, there are still plenty of options available. Davy, for example, offers an execution-only option through its Davy Select service, with a minimum transaction fee of €14.99 or 0.5 per cent of the trade. You will need just €500 to open an account.Campbell O’Connor operates a telephone dealing service only, but you can expect to pay a higher fee – €25 or up to 1.5 per cent of the transaction. However, unlike Davy, you won’t have to pay an account maintenance fee. So for the infrequent trader this could prove to be more attractive.Similarly, Goodbody has a higher transaction fee of €32 or 1.25 per cent, but its account maintenance charge is just €26 a year. You can also access Goodbody’s services through AIB,Another way of looking at it comes from Interactive Brokers, which applies different charges depending on where the shares you’re buying are.For example, US shares cost $0.005 cents each to trade, for a minimum charge of $1 (€0.74) and a maximum of 0.5 per cent of the trade value.British stocks will cost £6 (€7) to trade up to a maximum trade value of £50,000 (€59,087). Trades above this will attract an additional charge of 0.05 per cent on the incremental amount. It also offers a “cost-plus” option, where commission decreases depending on volume.However, while transaction commissions may be low if you don’t spend $10 (€7.40) on commissions every month, the difference between this fee and the commission you have paid will be deducted from your account as an inactivity charge.Trade often,trade cheaperThe best deals, not surprisingly, are often pitched at frequent traders. TD Waterhouse, for example, judges the frequency of trades transacted with it on a three-month basis.If, for example, you have completed 10 or more trades in one three-month cycle, you will be eligible for a frequent trader rate for the next three months. This brings the transaction cost, which is typically €20, down to €15 a trade.Davy has launched a new frequent trading account, Select Trading Plus, which has no maintenance fee, but rather an “all-in” annual dealing charge of 0.9 per cent of the account balance (subject to a minimum of €400). You need to do about 20 trades a year to get the value out of this account.Of course the advice for most investors is to buy and hold rather than trading frequently; it would be a foolish investor who decided their trading behaviour mainly on the basis of an attractive high frequency rate from a broker.AdditionalchargesRemember, stock trading is not all about maintenance fees or transaction charges. If you’re looking to buy US stocks, for example, be prepared to pay additional charges.Campbell O’Connor has a minimum commission charge of $50 (€37, compared to €25 normally) for US and Canadian transactions, while at Goodbody you will pay an extra charge of €19.05 to cover the cost of holding and transaction fees passed onto it by its US custodian agents. Foreign exchange fees are also often levied.TD Waterhouse, for example, charges a spread of up to 2 per cent depending on the value of the transaction, so a US trade valued at €10,000 could cost you an additional €200.Remember, too, if you’re buying an exchange traded fund (ETF) in addition to any brokerage charges that might apply, you will also be charged an annual management fee by the fund provider. iShares, for example, has a total expense ratio (TER) or annual charge of 0.4 per cent on its FTSE 100 ETF.If you are an infrequent trader, you can expect to pay an inactivity charge. Sharewatch, for example, charges £25 a month if you trade fewer than three times a month.Lookingto switch?If you are a customer of Danske Bank you will need to find a new home for your portfolio unless you want to cash out altogether.According to the bank, its online trading service – which had a minimum transaction fee of €20 – has already been withdrawn for new customers.However, if you are already a customer, the service will stop in the first half of 2014. A spokeswoman for the bank said it would write to customers giving them two months notice before this happens.When doing so, look for a provider that will do transfers “in specie”, which means they won’t have to sell and re-buy any of the assets, thereby avoiding commission charges and exit penalties.Davy Select, for example, has indicated that Danske Bank clients can transfer to them (shares, bonds, ETFs, and funds) without incurring any transfer costs.And finally . . .Remember that stamp duty also applies to your share purchases when buying Irish stocks (1 per cent) or British stocks (0.5 per cent. However, thanks to Budget 2014, if you buy stocks listed on Ireland’s junior ESM market, you will no longer have to pay stamp duty.First, we look at how money can be made by buying shares. There are two primary ways to earn money from shares - through capital appreciation and from dividends.Earning from capital appreciationADVERTISEMENTBy investing in shares, one can expect to earn through capital appreciation, i.e., on the gains made on the capital (principal invested) when the share price rises. The gains or the profits from shares can go as high as 100 percent or more. There is, however, no guarantee of capital appreciation. The probability of the market prices remaining lower than the buy price always exists.Earning from dividendsApart from capital gains on shares, investors may expect income in the form of dividends. A company distributes profits to its shareholders by declaring partial or full dividends. In most cases, the company partially distributes profits and keeps the rest for other purposes, such as expansion. The dividends are distributed per share. If a company decides to give Rs 10 per share, and if the face value of the share is Rs 10, it is called 100 per cent dividend.ADVERTISEMENTThe formula for computing the dividend yield is:Dividend Yield = Cash Dividend per share / Market Price per share * 100.So, if the market price is Rs 120 and the dividend declared is Rs 4 per share, the dividend yield is 3.33 percent.ADVERTISEMENTBy investing in shares, the risk of losing a major part of one's capital exists, unless one employs hedging mechanism including stop-loss in place to minimise the losses.So, if you still want to earn money from stocks, here are a few things to know and be aware of to take informed investing decisions:Share markets - primary and secondaryThe stock market is divided into two main categories: primary and secondary market. In the primary market, securities are issued and subsequently listed on stock exchanges. Trading in these securities happens in the secondary market.A public issue introduced in the primary market can be of two types-an initial public offering (IPO), or a follow-on public offering (FPO). An IPO is used when an unlisted company wants to raise equity capital by issuing shares. It results in the company's shares getting listed on a stock exchange. In an FPO, a listed company issues shares to the public. It can be either a fresh issue or an offer for sale.Further, there are investors who look for fundamental strengths in a company's stock and invest for a medium to long term, while another type are the traders who look at technical charts to buy and sell during intra-day or over few days. As a retail investor, consider investing in shares for the long term keeping the fundamentals of the company in context.Factors impacting share priceTo earn money from direct equity, one needs to know the factors impacting the share price. A company's share price does not move independently. Several internal and external factors are responsible for it. When a company is expected to grow faster, more people want to hold the stock. This leads to higher demand for the stock in the market, which results in higher prices. Further, acquisition plans, buyback offer, announcement of bonus, and splitting of share impact prices in the short term.In addition, there are macroeconomic factors such as GDP, inflation, interest rates impacting performance and thereby stock prices. If the economy is doing well, the demand for goods and services will be higher, resulting in more profits for companies. Further, high inflation means higher prices and consumers will be able to buy fewer goods and services, hurting company's sales and profits.Number crunchingStocks selection requires knowledge of a vast range of subjects such as economics, finance, and corporate law. However, if you lack rigorous training in these subjects you can use some basic principles. First of all, you should try to understand the company's business. You should read the company's financial statements such as income statement, balance sheet, and cash flows. Don't just focus on earnings. Balance sheet and cash flows are even more important.After you have analysed the company's financial health, look at its valuation. Strong balance sheet numbers coupled with lower valuations compared to peers or the index makes a strong case to buy. You can use various sources to gather information on stocks. The first one is the website of the exchange where the stock is listed. Here, you can find financial results and company announcements. Companies also publish their financials on their websites.Building a diversified portfolioStart by putting your money in different stocks, which is also called diversification. This diversification should happen across sectors and also across market capitalisation of stocks. Concentrating in one sector or putting all your funds in mid-cap stocks may not be the right thing to do.Diversifying across sectors or industries helps if the economic environment is not favourable for any one sector as each sector has its own typical set of factors that impact the performance of companies. These include the economic environment, cyclical nature of business and the government policies. By diversifying, one is actually creating a share portfolio, the overall return of which matters and not return from any 1-2 stock out of it.For starters, it's better to stick to large-cap stocks which mostly comprise the index. The mid-cap index can be a good starting point for buying into mid-cap stocks. Over time, one may look at other emerging companies but only after careful analysis. Ideally, small-caps should form just a small portion.Never try to time the marketBuying low and selling high is always a dream of every investor. However, knowing the bottom or the peak in a stock's history always comes to be known in hindsight. Rather than trying to time the market, focus on the time spent in the market. Waiting for the stock price to lower further down may not even come and many investors are left out in the waiting game. It's better to stagger one's investment at different price levels.Avoid herd mentalityWhen the stock price shoots up, many investors feel left out. At times, without understanding the business and the company financials, new investors jump on as herd mentality takes over. Such a move can be financially damaging as it may amount to pure speculation and most investors could be at the mercy of big operators.Further, when stock prices decline hugely in a span of few days, there could be unanswered questions and fear factors leading to its fall. The price reversal can be equally swift. Avoid the temptation to take decisions based on rumours or speculative reports.Finally, when the markets are in the grip of bears and stocks keep falling for days together, herd mentality caves in. The world's greatest investor, Warren Buffett, was surely not wrong when he said, "Be fearful when others are greedy, and be greedy when others are fearful!"Keep emotion awayKeep emotional reasoning away while taking investing decisions in shares. Many investors have been losing money in stock markets due to their inability to control emotions, particularly fear and greed. In a bull market, the lure of quick wealth is difficult to resist, while in a bear market when prices crash, the fear takes over and investors sell even at huge losses.When to sellAt times, stock markets could remain flat for a long period, while at other times it can be extremely volatile. Your decision to exit should ideally not be based on short-term market movements rather on your stock selection. If there are no fundamental changes in your stocks, including its financials and businesses, stick to it. Risk is inherent while investing in stocks and hence, one should be able to stomach the risk of seeing the share price slide down considerably. Keep some portion of cash in hand to make use of market opportunities. If your stock has performed well, booking profits may not be bad idea.