Using DeGiro

Bob24 wrote: »

Under activity/reports, and then at the top of the page.

But if you are a new customer and have never been through a year end with the account, there report won’t be there.

Geuze wrote: »

Under Activity>Reports, I see:

Annual Tax Report Addition 2020
Annual Report 2020
Annual Costs and Charges Statement - 2019
Annual Tax Report Addition 2019
Annual Report 2019
Annual Costs and Charges Statement - 2018
Annual Tax Report Addition 2018
Annual Report 2018
Annual Tax Report Addition 2017
Annual Report 2017


These do not list my holdings?

Skippy along wrote: »

Is there a tab that shows profit and loss for the month... Can find the trades but not showing p&l

Skippy along wrote: »

Having a nice lunch yesterday was rudely interrupted by a email from Degiro informing me of a margin call on my account... Ruined my lunch i can tell you

transfered money from Bank of ireland this morning. its in de giro now

used be next day

Where'd you see that? Still saying not available for me

https://www.degiro.ie/helpdesk/orders/do-degiro-offer-pre-market-and-after-hours-trading

Sorry for the newbie question but I havent been able to find the information online. I registered for an account a while back and never went back to complete it.

I went in this week to finish the process and they have asked for my ID, front and back of passport but only allow one file upload. I have tried uploading one of each side and also combining the images into 1 file but with no joy, I've emailed them but heard nothing, anybody got any tips?

You can buy shares and monitor it's day to day performance but not view it's current price while the market is open.

So effectively you have to check the current price elsewhere before purchasing shares? Not a big deal I guess, but just a little bit awkward.

Which begs the question - why buy shares on the iseq (and pay extra fees and tax for the privilege) when you have access to far better exchanges (that have greatly outperformed the iseq) offering far better range of companies to invest in?

That's my point. You've less research to do because you likely know the company. You are also more attuned to issues in that industry locally e.g. a housing crash.

CRH wouldn't be an example I'd use as they operate heavily internationally.

TBH, I don't know what "local" knowledge there is to be had. Pretty much anything on the ISQ (as mentioned earlier - a zombie exchange), while Irish owned, if it's going anywhere will get most of its profits from international trade. But, as a relatively small company, will have little to nothing written about it from an investor perspective online. Basically, for any company you are looking to invest in, type in the name of the company into google, followed by "share price", and then hit the news tab. If you are not getting flooded with results from the past few hours/days from expert/reputable sources regarding the share price, recommendations, analysis etc, then you need to be wary - will you ever be able to do decent and up-to-date analysis? No "local" knowledge can beat this.

I personally prefer, and would strongly suggest to anyone starting out investing, to invest in blue-chip US based stocks. Yes, there is currency exposure (but over time dollar-cost-averaging comes into play), but you are dealing with companies that have constant deep analysis and research done (and presented in clear format to the amateur investor), and going for blue-chip or large growth stocks in companies that you likely understand (just as well as, if not more, an Irish company). i.e. you are far more likely to know and understand the products/services/market of companies like Microsoft, Netflix, Visa, Electronic Arts, Nike (as a quick sample) than you are a company on the ISEQ. You will have easier access to up to date investor info on them. They are likely to grow much faster. They are less exposed to shocks (due to their global presence etc).

Put it another way. The ISEQ has yet to even recover to it's pre-2008-financial-crisis high. The Nasdaq is over 5 times higher than the pre-crash high, the US500, is over 3 times higher. I know where I prefer my money to be.

Are you talking about insider knowledge? Do you know of upcoming deals they are about to announce? Do you understand the profitability, margins etc? Are you aware of what risks the company is exposed to? Its plans for expansion and future growth etc? Do you have access to independent views on the outlook for the company?

With regards Cairn Homes. This is a perfect example of the ISE. There is very little up-to-date info online about it. It is a high-risk penny stock, that has a negative 5 year return of -3.23% which is terrifying given A) how much the NASDAQ/S&P 500 etc have performed in that time, and B) that it had this terrible performance during a massive building boom (which is when its profits and share price should peak). It has dropped 45% since its 2017 peak. Does your "local knowledge" tell you why that happened and if/when the causes will be reversed? Feel free to gamble on it (this is a degiro thread and not a discussion on a particular share 😁), but it is also available on the LSE where you will pay half the stamp duty, have a lot more activity and pretty much any online resource will be quoting from and not the ISE (i.e. on Degiro, you get the current info with a 15-minute delay, or pay a few quid to get it in real-time)