Anyone bought stock & immediately submitted for onboard credit?

[victory2020]

Hello, I know you have to submit form no later than 15 days. My cruise is in 18 days so if I buy stock will I have something to show I bought it that I can submit the same day as acquiring it?

[ColinIllinois]

That's probably a question for your specific broker that you are buying the stock through.

[victory2020]

Ameritrade - I find they're not the most helpful.

[KarlChilders]

I would think you would be able to print the trade confirmation. Don't know about Ameritrade, but I would think you get some evidence of the purchase.

[newmexicoNita]

Hello, I know you have to submit form no later than 15 days. My cruise is in 18 days so if I buy stock will I have something to show I bought it that I can submit the same day as acquiring it?

You will have to show your investment statement that says you own 100 or more shares. I bet if you ask your investment councilor he/she will be able to provide you with the information you need.

[newmexicoNita]

I would think you would be able to print the trade confirmation. Don't know about Ameritrade, but I would think you get some evidence of the purchase.

That should work. There must be something the OP was given via EMail that would show the purchase. Otherwise, he is probably out of luck this time. Only a few days is cutting it pretty close.

[victory2020]

Thanks all. The stock looks like it spiked in the last couple of days. Since it's a short cruise it may be wise to hold off for another dip in price rather than get the $50 credit.

[TO6Paul]

Wow, thanks for sharing this. I had no idea that this benefit existed. And you can use it before every cruise you take so its not just a one-time benefit. I'm buying 100 shares as soon as the price dips a bit. Definitely a nice perk for NCL to give to their shareholders!

[victory2020]

Wow, thanks for sharing this. I had no idea that this benefit existed. And you can use it before every cruise you take so its not just a one-time benefit. I'm buying 100 shares as soon as the price dips a bit. Definitely a nice perk for NCL to give to their shareholders!

Yes, every cruise. I have CCL & have made as much in onboard credit as I have in profit & dividends.

[newmexicoNita]

Wow, thanks for sharing this. I had no idea that this benefit existed. And you can use it before every cruise you take so its not just a one-time benefit. I'm buying 100 shares as soon as the price dips a bit. Definitely a nice perk for NCL to give to their shareholders!

Well who knows if and when that will happen? We bought our either 4 or 5 years ago at $31 a share. It has gone as high at $62.00 and as low as about $40.00. Yesterday the market was down but the NCL stock went up a few cents. today it went up another free cents and Tues when the market shot way up it went down a few cents. Don't count on it going down or up much in the next year or so unless the market really changes.

[robin13]

As long as you have a brokerage statement that shows the 100 shares you can send it in before your cruise. The turnaround time was 2 days which really surprised me. I also have shares in Carnival and Royal Caribbean and love getting my OBC.

[Lupush]

Just my 2 cents. If you're buying NCL stock just to get onboard credit you're buying it for the wrong reason. You can put 5k (100 shares @ $50/share for arguments sake) into the market in other places and get much better returns than a $100 onboard credit each time you cruise.

 

Speak to a FA, onboard credit is not reason enough to invest. Also next economic downturn (and it's coming soon), the first stocks to be hit will be hospitality stocks. Happens every time disposable income becomes less readily available.

[mking8288]

Just my 2 cents. If you're buying NCL stock just to get onboard credit you're buying it for the wrong reason ... Speak to a FA, onboard credit is not reason enough to invest ...

This !!! Agreed 200% ...

 

Not to mention is the brokerage transaction fees, even if it's a $7 per trade.

 

We own T&E stocks in our portfolio and the ones we brought years ago has more than doubled in recent years and consistently pay us quarterly dividends, enough to subsidize a portion of our annual vacation expenses, whether it's cruising or not, much more than a $100 or $250 OBC, stackable or not (yield in more than 5% annually vs. money market or CD rates)

 

Consult a FA and investment pro. Choose a product and spend/buy the services wisely as a consumer because it's a good fit and match, not just b/c it has OBC.

[Cyclops32]

This !!! Agreed 200% ...

 

Not to mention is the brokerage transaction fees, even if it's a $7 per trade.

 

We own T&E stocks in our portfolio and the ones we brought years ago has more than doubled in recent years and consistently pay us quarterly dividends, enough to subsidize a portion of our annual vacation expenses, whether it's cruising or not, much more than a $100 or $250 OBC, stackable or not (yield in more than 5% annually vs. money market or CD rates)

 

Consult a FA and investment pro. Choose a product and spend/buy the services wisely as a consumer because it's a good fit and match, not just b/c it has OBC.

No one knows for certain what any stock will actually do. In fact, it been proven time after time a random pick of stocks will match up or bet so called financial experts.

 

I pick stocks I like based on my feelings of the company. Do I think they have a good product and a good demand for it. I then by and hold and I have no problem getting great returns. I have bought several stocks the experts have said to avoid just to have a stock jump 6x in value.

 

I bought mine for the OBC and have actually made more a great return just in the increase in value then I would have gotten in a divident paying stock

 

Sent from my SM-G955U using Forums mobile app

[ColinIllinois]

nmn

Edited April 13, 2018 by ColinIllinois

[shof515]

Not to mention is the brokerage transaction fees, even if it's a $7 per trade.

they are free brokerage sites that do not charge anything to use them. http://robinhood.com seems to be a very popular site

[victory2020]

Just my 2 cents. If you're buying NCL stock just to get onboard credit you're buying it for the wrong reason. You can put 5k (100 shares @ $50/share for arguments sake) into the market in other places and get much better returns than a $100 onboard credit each time you cruise.

 

Speak to a FA, onboard credit is not reason enough to invest. Also next economic downturn (and it's coming soon), the first stocks to be hit will be hospitality stocks. Happens every time disposable income becomes less readily available.

Not buying for onboard credit. I see cruising as an expanding business & see how stocks have performed over the last few years. Wanted to diversify more than just CCl which has been very good for me.

[newmexicoNita]

Just my 2 cents. If you're buying NCL stock just to get onboard credit you're buying it for the wrong reason. You can put 5k (100 shares @ $50/share for arguments sake) into the market in other places and get much better returns than a $100 onboard credit each time you cruise.

 

Speak to a FA, onboard credit is not reason enough to invest. Also next economic downturn (and it's coming soon), the first stocks to be hit will be hospitality stocks. Happens every time disposable income becomes less readily available.

I doubt anyone that has money to invest would do it just for a hundred dollar OBC when sailing or for any similar reason. I think the point is: it is fun to get the credit and hopefully, like any stock you will end up selling for more than you paid for it. I know we are happy with ours but did not purchase it for a silly $100 OBC. We followed our investment councilors advice; we had some extra money, he suggested we put some in relatively safe stock and some it a company we knew something about and one we could have fun with. We choose NCL. I will ad, we also choose one company that was a bad choice. Thank God we only invested a few $$s in that one. :o

[Summerstravel]

Stock Question I'm inheriting United National Bank stock about 20k can I buy the NCL stock with these funds.

 

btw I know nothing about stocks lol

so any help would be greatly appreciated

[ncbrowns]

I doubt anyone that has money to invest would do it just for a hundred dollar OBC when sailing or for any similar reason. I think the point is: it is fun to get the credit and hopefully, like any stock you will end up selling for more than you paid for it. I know we are happy with ours but did not purchase it for a silly $100 OBC. We followed our investment councilors advice; we had some extra money, he suggested we put some in relatively safe stock and some it a company we knew something about and one we could have fun with. We choose NCL. I will ad, we also choose one company that was a bad choice. Thank God we only invested a few $$s in that one. :o

 

Heh, the OBC was one of the primary reasons I bought NCLH shares. We mostly invest in mutuals and ETFs. We do invest a bit of money in shares of companies we have personal connections with. Their financials seem decent, but I probably wouldn't have gone out of my way to buy in. We haven't cruised in a while but booked an October cruise on the Epic and then ended up booking a New England/Canada cruise in June on the Gem.

 

I learned of the NCL shareholder benefit on CC, and decided to put some money down. To claim it, you're making a minimum investment of a bit over $5000 at today's prices. If you do a single one-week cruise a year, this gets you a $100 return on top of any stock price appreciation. That's around 2% of your original investment. While NCLH doesn't pay a dividend, you could look at this OBC as equivalent to a 3% normal dividend after taxes. Since we're taking two NCL cruises in 2018, it's more like 6% for us.

 

Also note that the benefit can also be claimed on cruises from NCLH-owned lines Oceania and RSSC. When planning our summer vacation, we had been looking at options from both lines before booking a 2BR suite on the Gem with our college-age kids.

 

Claiming the benefit is pretty easy. I just printed out a brokerage statement, covered up non-NCLH portions, scanned it, and sent separate emails to NCL. For the Epic, I got a reply in 2 days confirming the credit. The Gem one didn't post immediately, and I'm thinking they might have treated my two emails as duplicates. I shot them another email and got the credit the next day. I had plenty of time and waited until the NCLH posted on my next statement. The OP might not have time for that; I'd just send in a trade confirmation and hope for the best.

Edited April 14, 2018 by ncbrowns
Didn't write about claiming the benefit.

[pghflyer]

Big fan of the shareholder credits, used it often on Carnival before switching most our business here. This is my first time to use and with their promotions, I am starting to wonder what I will be able to use it for. I got the UBP so won't need it for beverages, and I got the specialty dining, so won't need it for that. I don't do ship sponsored excursions or shopping.

 

I assume their system won't apply this against gratuities? ("It may not be used toward onboard service charges or pre-purchased

activities")

 

 

Maybe a spa visit is in order.....

[KarlChilders]

Big fan of the shareholder credits, used it often on Carnival before switching most our business here. This is my first time to use and with their promotions, I am starting to wonder what I will be able to use it for. I got the UBP so won't need it for beverages, and I got the specialty dining, so won't need it for that. I don't do ship sponsored excursions or shopping.

 

I assume their system won't apply this against gratuities? ("It may not be used toward onboard service charges or pre-purchased

activities")

 

Maybe a spa visit is in order.....

 

That, or last cruise we used ours towards Cruise Next certs. You could always buy some stuff in duty free.

[pghflyer]

Cruise Next is a great idea, didn't realize that would work, thank you! Although I suppose even that just generates more OBC...

[mking8288]

Big fan of the shareholder credits, used it often on Carnival ... first time to use and with their promotions, I am starting to wonder what I will be able to use it for ... Maybe a spa visit is in order.....

As with any other non-refundable OBC, DW never has problems using it .. cosmetics onboard are usually her fallback, tax/duties-free savings ... cartoons of cigarettes or liquor as gift (not that we endorse smoking) to bring home, and if you like NCL and plan to sail often enough on a regular basis - can be used to buy those CruiseNext Certificate, used as full deposits for most future booking. It can also be used to offset play money in the casino (with a 3% fee, I believe) for slots & table gaming.

 

If you are a believer of Specialty Dining, your SDP doesn't cover all the days, usually 3 nights only for a typical 7 nights ... you can use it on other days and/or to pay for "premium" items on the menu with an additional "upcharge", especially on mega-ships with more dining options. Although, we no longer see the necessity or desire to do more than 2 nights of Specialty meals as we get those comp'd already.

 

Other incidentals like photography, gift shops (i.e. $10 t-shirt specials) Red Bull & specialty coffee, fancy bottled (municipal) water (if you don't have a casino drink card), etc. etc. - I am sure others will add what I've missed. Be sure to check out spa prices before doing it ... you are unlikely to have enough for a full treatment, LOL.

[pghflyer]

Wow, great response and ideas, thanks much! I'll keep those between us or my family's efforts to spend our trivial OBC will end up costing me more than the cruse! :)