FNB Share Builder Self-Help (2024)

FAQs

How do I use share builder in FNB? ›

With Share Builder, all you need is a minimum account balance of R100 and to simply pay a monthly fee of R45. Our Share Builder calculator also helps you manage your purchase fees, making it easy to keep track of your spend as well as manage your portfolio.

In order to transfer money out of this account please contact the call centre on 0860 SHARES (742737). The transfer will be treated as a withdrawal and reported for tax purposes as such.

For most stock trades, settlement occurs two business days after the day the order executes, or T+2 (trade date plus two days). For example, if you were to execute an order on Monday, it would typically settle on Wednesday. For some products, such as mutual funds, settlement occurs on a different timeline.

Capital One Investing (previously ShareBuilder) has been bought by E-Trade, and as a result, all Capital One accounts will be transferred to E-Trade.

From as little as R300 per month or R1000 lump sum we will invest in the Top 100 JSE listed companies on your behalf. This means you get a diversified portfolio and earn you dividends just like that.

To start your ShareBuilder investing program you simply: Enter the ShareBuilder site and set up your account in minutes. Choose to invest in Costco (Symbol: COST) and select the dollar amount you wish to invest on a weekly or monthly basis. Each recurring transaction fee is just $2 ($1 for custodial accounts)*.

What is the difference between FNB ShareBuilder and share investor? ›

A Share Saver or Share Builder customer can place orders at any time, but these are only executed between 09h00 and 17h00. We accept orders for that day only until 15h00. A Share Investor customer can place orders at any time and these will be executed between 09h00 and 17h00.

ShareBuilder was spun off of Capital One in 2019, but it is not going away. While the company is no longer part of Capital One, it is still accessible to existing customers and provides employer-sponsored retirement plans through its own independent offerings.

Once you cash out a stock that's dropped in price, you move from a paper loss to an actual loss. Cash doesn't grow in value; in fact, inflation erodes its purchasing power over time. Cashing out after the market tanks means that you bought high and are selling low—the world's worst investment strategy.

The proceeds from shares sold or positions exited are only available for withdrawal after the trades are settled. The settlement cycle for all the instruments traded on the Indian exchanges is T+1 day, where T stands for the trading day. Hence, the funds will be available for withdrawal after T+1 day.

Bear in mind the free share or any cash proceeds received in connection with its sale can only be withdrawn after 180 calendar days from the award date. Breaching this term will result in you having to repay the value of the free share.

In order to make $1,000 a month in dividends, you'll need to invest approximately $400,000 in dividend stocks. The exact amount will depend on the dividend yields of the stocks you buy for your portfolio. Take a closer look at your budget and decide how much money you can set aside each month to grow your portfolio.

To calculate earnings per share, take a company's net income and subtract from that preferred dividends. Then divide that amount by the average number of outstanding common shares.

Investment Required To Make $1,000 In Monthly Income

However, the exact investment required will vary for every investor. Therefore, your precise amount will depend on your specific investments and your return on those investments. Thus, the money required will range from $240,000 to $400,000.

If you're selling shares

Proceeds will be automatically credited into your linked bank account two business days after the trade.

How long does it take to sell shares? Once your sell order goes through and is completed, there may still be a settlement period before the resultant money lands in your account. Usually this takes two to three days. Be aware that withdrawing this money completely, say to your bank account, can take another few days.

Do you pay tax on shares? ›

It's time to say goodbye to your shares. Hopefully they've gone up in value and you are set to make a profit. If so, the downside is you may need to pay capital gains tax. Note that it is the profit that incurs the tax, not the price you sell your investment for.

ShareBuilder has overhauled its website for the fourth time since it launched a decade ago, and it is changing its name to ING DIRECT Investing, said president Dan Greenshields.

ShareBuilder was acquired by Capital One Financial on November 19, 2007.

Stuart Robertson co-founded the Seattle-based retirement services provider in 2005 under its parent company ShareBuilder Corp.

Pricing + fees

The monthly account fee for Tax-Free Shares account is 0.5% per annum charged monthly with a minimum of R20 per month. All share prices are delayed by 15 minutes.

If you own 10,000 shares, your equity stake would be worth approximately $300,000. You can do this for many types of ratios—book value, revenue, operating income, etc. Some methods use several types of ratios to calculate per-share values and an average of all the values would be taken to approximate equity value.

R1 800 000 - or more

Enjoy integrated financial advice for you and your family.

There is no minimum balance required to open an FNB Shares Zero Account.

Stocks yield a significantly higher return than savings accounts do. Since 1928, stocks have given investors a 9.5% return annually, while the highest yielding savings accounts offer that kind of earnings.

What is share builders plan? ›

Share Builders Plan (SBP) is a regular fixed-dollar amount investment plan, which enables clients to buy blue chip shares on a consistent and incremental basis so as to build up a portfolio of good securities for them eventually.

With us, it's uncomplicated to invest in the full range of JSE listed shares, Exchange Traded Funds, Exchange Traded Notes and Krugerrands. With us you can trade shares and transact with a single sign-on. Open now!

Bank shares can be rewarding long-term investments, especially for investors seeking passive income. Australian bank shares have a long history of paying attractive dividends, especially when the economy is firing. Bank shares can, however, be sensitive to economic cycles and fluctuations in interest rates.

Warren Buffett is widely considered to be the most successful investor in history.

You're not going to find a better cost; you'll be hard-pressed to find better service." "With the ShareBuilder 401k program, I estimate I save 20%-22% on taxes each year. I recommend ShareBuilder definitely because of its low maintenance, low-cost, transparency, and access to the support staff."

Stuart Robertson - Chief Executive Officer - ShareBuilder 401k | LinkedIn.

Stockbrokers no longer exist. They are either retired or dead. Today's version of stockbrokers are known as Investment Advisors, Financial Advisors, Wealth Advisors or any other dozen (or so) monikers.

Should a 70 year old be in the stock market? ›

Seniors should consider investing their money for several reasons: Generate Income: Investing in income-generating assets, such as stocks, bonds, or real estate, can provide a steady income stream during retirement. This can be especially important for seniors who no longer receive a regular paycheck from work.

The tax doesn't apply to unsold investments or "unrealized capital gains." Stock shares will not incur taxes until they are sold, no matter how long the shares are held or how much they increase in value. Most taxpayers pay a higher rate on their income than on any long-term capital gains they may have realized.

When securities are sold, however, the cash is not instantly available. There is a settlement period of up to two days for most stocks, mutual funds, and ETFs; bonds typically have a slightly longer settlement period.

Short selling is essentially a buy or sell transaction in reverse. An investor wanting to sell shares borrows them from a broker, who sells the shares from the inventory on behalf of the person seeking to sell short. Once the shares are sold, the money from the sale is credited to the account of the short seller.

It is absolutely possible to use stocks as collateral for a loan. Many borrowers will use their stock portfolios to secure a higher funding amount, access a better interest rate, or simply improve their approval odds. While using stocks as collateral for a loan can certainly be a good strategy.

When you sell shares, you won't be able to withdraw the associated cash until the trade has settled. Settlement is typically completed 2-3 working days after the trade has executed. If you have only ever added cash to your account using Apple or Google Pay, you'll need to verify your linked bank account.

Freetrade charges $0 for withdrawal. The withdrawal process is usually executed within 2 days.

For Share Saver, you need to invest a minimum of R300 every month. For Share Builder, you'll need R100 to activate the account and maintain a R100 balance in the account at all times. For Share Investor, you'll need R200 to activate and maintain R200 at all times.

ShareBuilder offers you the flexibility to invest for the long-term. How does it work? Simply choose which stocks you want to invest in, how often you'd like to invest (weekly, monthly, or on a one time basis), and how you'd like to fund your account.

Are shares better than savings? ›

Longer-term goals

Stock-market based investments tend to do better than cash over the long-term, providing an opportunity for greater returns on any money invested over time. You can lower the level of risk you take when you invest by spreading your money across different types of investments.

How long does it take for my shares to settle? The trade of your shares will be settled by the broker 5 working days after your trade date. However, you will receive updates via SMS to guide you as to where your shares are in the process.

ShareBuilder has overhauled its website for the fourth time since it launched a decade ago, and it is changing its name to ING DIRECT Investing, said president Dan Greenshields.

Credit unions allow you to withdraw money from a share savings account at any time. Again, that might include cash withdrawals via ATM card. You can also typically access your money through online and mobile banking, phone banking or at a local credit union branch.