62

Share price is determined simply by supply and demand. Changes in the share price typically don't directly affect the company's operations, though there are some ways that it could (e.g. when the price is lower, stock compensation must include more shares to make up the difference). Practically speaking, the share price for an active company never reaches 0....


34

Yes, this is perfectly normal. A mortgage illustration is basically “This is what this mortgage will look like assuming everything you’ve told us is true”. It’s in a standard format so that you can easily compare different mortgages and choose the one you want, and you might well get several of them. It’s not binding in any way. Your next step will be to get ...


23

There are two sides to every trade: a buyer and a seller. For the share price to be zero, the seller would be literally giving away their shares for free. It's hard to imagine any situation in which sellers would be motivated to do that. They might be prepared to sell cheap, but not for nothing.


20

Life insurance premiums do go up with age. A quick google found a claim that they go up 8-10% per year on average, but they go up slower when young (about 5% per year in your 30s) and faster when older (12% per year in your 60s). Note that 8% decrease in payout per year is equivalent to an 8.7% increase in premiums per year: 1/(1-0.08). That's still in the ...


13

Depends For the London Stock Exchange, the price will not go to 0, because a listing requirement for Standard and Premium shares is a minimum market capitalization of £700,000. That is, the stock will be delisted well before the price drops to 0. For the New York Stock Exchange, the minimum share price is $1, and the minimum capitalization is 1.1 million ...


10

Let's play out your scenario. Share price of (near) zero means BUY, BUY, BUY Remember the golden rule. I mean the other golden rule: Buy low, sell high. Very important not to mix those up. It's important that you understand what "low" and "high" mean; that's relatively to the core value of the company. You specified a company with good core value. ...


8

why would you let insurance like this run for its full time period given the decreasing payout each year (after 10 years it will pay less than half of what it would originally, with the same premiums), when you could just cancel it and get new insurance? I'm not in the UK, so I don't know of anything specific to the laws/regulations there, but from a pure ...


8

You can usually tell when banks suspect money laundering, because they go very quiet, and refuse to discuss things. Banks will no more contact you to say they suspect money laundering, than the phone company will to say your phone is being tapped. It would be illegal for them to do so. The first thing is: who is the executor for your fiancee's father's ...


7

First understand that when the stock market drops like this, it absolutely can impact you, even if you aren't "in the stock market", because when stock prices decrease that's an indication that the market believes those companies are going to be performing worse. ie:if Apple shares drop 10%, the market believes (to be simplistic) that the total foreseeable ...


6

This sounds like a scam. How well do you know this fiancée? There are no such processes as you describe, so chances are that the fiancée is a scammer and is making this up to milk you for money.


5

I'm not sure about the UK, but in the US, soft credit searches are available for anyone who cares to pay for it, no permission needed. They have zero impact on your credit history, and they are typically done because the company thinks about offering (soliciting) you a loan or a credit card (even though you never asked for it). They basically do mass soft ...


5

My calculation is £13,475 for the dividend tax amount. I don't understand why your accountant has given you a figure quite as high as £16.5k. Here are my workings… First, income tax – as this affects how your dividends are taxed subsequently: Total salary Personal allowance Taxable salary Tax rate Amount of tax 26,500 12,500 ...


4

You are proposing to gazunder. I can't speak for what might be 'best' for you personally, but I don't know of anyone who thinks this is a noble practice. how would it be best to approach this Tell your conveyancer to tell the seller's conveyancer. Both these parties might try and talk you out of it.


4

@timday's answer is correct that a zero share price means that a seller is giving away the shares for free. However, short sales create willing buyers which keep a stock price from dropping to zero, even in bankruptcy: A short-seller is basically making a bet that the share price will go down. Short-sellers borrow shares and sell them. At a later date (...


3

You could offer less. You must be prepared to walk away at that point though, as the seller is within their rights to completely withdraw the sale. When I bought my property, the conveyancer advised me not to proceed due to non standard construction. I wanted the house anyway as it was better than other properties i'd looked at. I called the Estate ...


3

Notes: (a) I am not an accountant nor a financial adviser; this is not financial advice. (b) I had all but written this answer when Mark edited his answer to include my correction regarding the Dividend Allowance. As I hope my "visual" representation may be useful addition, I decided to post (a slightly modified version) anyway. But the main credit should go ...


2

Currently the key piece of information you would be interested in is here: https://www.gov.uk/government/publications/tax-on-cryptoassets/cryptoassets-for-individuals You confused me about "savings account" but I see what you are inferring. You have an online account with cryptocurrency that pays interest. However as you will see in the link, since the ...


2

It's hard to imagine such a situation. If the price of a single share drops below one cent, it will still not be zero as it would be possible to say it's worth, say, around half a cent if trades are usually around the mark of 2 shares for every cent in an order. However, let's pretend it is zero. The most direct impact is that financing by equity from ...


2

Salary sacrifice does indeed have the beneficial effects that you have mentioned (assuming your earnings are above the relevant NI thresholds). Chiefly, it gives both you and the employer the opportunity to save the amount of the NI contribution – and as you point out, if the employer is magnanimous enough they could also choose to credit your pension with ...


1

Well you say this is completely your option to drop the insurance so each year (or whatever your tolerance is) you could shop for new insurance and if the new quotes come out to be cheaper than what you have now then cancel the existing and replace. If the new quotes are more expensive then throw the new quotes away and keep what you have.


1

Because generally, the amount of money required by life insurance goes down as you get older. If you're 30 with a wife and two kids? Then your salary suddenly disappearing would have a monumental impact on your family. Your income towards daily life disappears. There are mortgage payments to be handled. Car payments to be handled. College funds to try ...


1

Unless you volunteer it, for instance through a scheme like Credit Ladder or Rental Exchange Initiative, rent payments are not normally reported to Credit Referencing Agencies. So things would have to go all the way to a County Court Judgement to go onto your credit reports, I think. With the laws you mention in force, there should be much more leniency ...


1

Yes, fixed rate mortgages should/will drop as the bank of England rate drops, it will likely be small though, as banks are already loaning on very thin margins (in some cases in UK housing market, close to if not below inflation). However, it is worth noting that locking in 'preferential' mortgage rates can be a huge trap: low interest rates generally ...


1

It should be the company year end, i.e. the end date of your limited company reporting period. This is often 31 March, or perhaps it's 30 June, 31 September, 31 December if you've decided to shift it by a quarter or two or three.


1

The most useful references on the rule seem to be government site about CGT and self asessment for shares, a specific page about 2019 and the HMRC technical manual. In particular, according to the page about 2019, shares you dispose of should be matched up in this order: Shares acquired on the same day as the disposal (the ‘same day’ rule). Shares ...


1

According to AARP’s 2016 Family Caregiving and Out-of-Pocket Costs Report, family caregivers roughly spend an average of $6,954 annually. They count 40 million caregivers, so only 20% of adults are paying for caregiving at any one time. According to Genworth’s Cost of Care Survey 2019, the median cost for supporting a parent in assisted living or in-home ...


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