Advertisement
If you have a new account but can't post, please email Niamh on [email protected] for help to verify your email address. Thanks :)
New AMA with a US police officer (he's back!). You can ask your questions here

Stock Broker Newbie question

  • 10-04-2020 7:20pm
    #1
    Closed Accounts Posts: 499 ✭✭ evlgmaojr27ypu


    Hi Folks,

    Few years back I selected shares as the option for my performance bonus. It was given to me on the basis that I couldn't sell them for couple of years. They basically mature later this month and I need to either sell them or move them to a stock broker of my choosing.

    I tried to register for degiro but looks like I am 5000+ in the line. Wondering if I could open a trading with revolut instead and transfer the shares to it ? or is there any better option ?

    Since the stocks have fallen generally I would rather hold on to them for a while.


Comments

  • Registered Users Posts: 1,101 ✭✭✭ corglass


    Hi Folks,

    Few years back I selected shares as the option for my performance bonus. It was given to me on the basis that I couldn't sell them for couple of years. They basically mature later this month and I need to either sell them or move them to a stock broker of my choosing.

    I tried to register for degiro but looks like I am 5000+ in the line. Wondering if I could open a trading with revolut instead and transfer the shares to it ? or is there any better option ?

    Since the stocks have fallen generally I would rather hold on to them for a while.


    One option is to hold the shares then selling them and immediately buying the same amount via Revolute or later DeGiro will have the same effect

    Transferring shares is usually slow, convoluted and expensive.


  • Closed Accounts Posts: 499 ✭✭ Jane Late Mechanic


    corglass wrote: »
    One option is to hold the shares then selling them and immediately buying the same amount via Revolute or later DeGiro will have the same effect

    Transferring shares is usually slow, convoluted and expensive.

    Thanks very much.


Advertisement