I have $5,000 fo a certain stock, how many shares can I get with that?
2007-03-21 13:50:59 · 9 answers · asked by XxForever&EverxX 3 in Business & Finance ➔ Investing
You can share it five times and get 1000 dollars each or you can have it two times and split 2500 dollars.
2007-03-21 13:53:43 · answer #1 · answered by shan108 2 · 0⤊ 1⤋
Divide the $5000 by the share price to find out how many shares. There will also be a broker's fee to add on, how much depends on your broker. Do your research on any company/stock before investing to make sure you don't have only $2000 tomorrow.
2007-03-21 13:58:11 · answer #2 · answered by Brian G 6 · 0⤊ 0⤋
If the price per share is $1, then you can get 5,000 shares. I'd recommend you divide your $5,000 by the price per share to find out how many shares you can buy. I'm not sure you should have $5,000 if you don't already know that.
2007-03-21 13:54:45 · answer #3 · answered by newbie 4 · 0⤊ 0⤋
It depends how many shares are issued, which helps determine the price per share available to you. If 5 common shares are issued and outstanding at $1,000 per share, then you would get 5 shares. Or, if 5000 common shares are issued and outstanding at $1 per share, then you would get 5000 shares. Now, keep in mind that there are other rules to. One of the major rules is that most companies will not allow anyone to buy 50% or more of the shares issued and outstanding because that would give you majority control and ownership of their company.
2007-03-21 13:59:00 · answer #4 · answered by Anonymous · 0⤊ 0⤋
That depends on the stock. All stock is sold or traded at a set value, which goes up or down based on the market. Some stocks can be purchased for pennies, others for hundreds of dollars. You didn't specify what your stock is.
2007-03-21 13:54:17 · answer #5 · answered by Curious_Yank_back_in_South_Korea 7 · 0⤊ 0⤋
The value of a share of stock can vary widely...from pennies to many thousands of dollars.
For a stock worth one penny, you could buy almost 500,000 shares of it. Conversely, you could not even buy a single share of Berkshire Hathaway with that five thousand dollars.
2007-03-21 13:54:36 · answer #6 · answered by Anonymous · 0⤊ 0⤋
People who but all their money in one stock are called hogs and hogs loose money. it is better to diverisfy I would pick at least 4 stocks to put that in.
2007-03-21 15:52:41 · answer #7 · answered by franksprung 3 · 0⤊ 0⤋
One (Berkshire Hathaway)
2007-03-21 19:14:50 · answer #8 · answered by Anonymous · 0⤊ 1⤋
LOL...Depends on what you are drinking tonight... ;o)
2007-03-21 13:54:22 · answer #9 · answered by fossil0681 3 · 0⤊ 0⤋