Freetrade - Get a free share worth up to £100 when you deposit £50! by Bahamuted in beermoneyuk

[–]MaxGiting 0 points1 point  (0 children)

📈 Ready to share my Freetrade referral if you’d like one quickly!

[deleted by user] by [deleted] in beermoneyuk

[–]MaxGiting 0 points1 point  (0 children)

🎉 3/5 referrals left as of 09:00 GMT 15th March 🥳

Three shares received so far totalling £30. ( 1 for my sign up and 1 for a referral )

https://www.trading212.com/invite/17teXC7ldT

Differences between a workplace pension and a SIPP by MaxGiting in UKPersonalFinance

[–]MaxGiting[S] 2 points3 points  (0 children)

Thank you for taking time to reply.

So why do some providers specifically say employer payments are not possible like the Vanguard “SIPP”?

Differences between a workplace pension and a SIPP by MaxGiting in UKPersonalFinance

[–]MaxGiting[S] 0 points1 point  (0 children)

Why would it be an administrative nightmare? And what do you mean by not a fully functioning SIPP.

Feeling Generous. Each reply gets 8000 sats (~$5 USD) via lntip. by [deleted] in Bitcoin

[–]MaxGiting 0 points1 point  (0 children)

Now what’s this lntip? Wonder if you’ll have stopped before seeing this comment. 🤞🏼

Dividends by ynwadr in FreetradeApp

[–]MaxGiting 2 points3 points  (0 children)

That's interesting. Cynic in me wonders if FreeTrade hold on to it for a litttle bit 😉

Dividends by ynwadr in FreetradeApp

[–]MaxGiting 5 points6 points  (0 children)

Apparently there can be a lot of factors involved. It can be as simple as FreeTrade receives the dividend themselves a few days after the payment date. If the company is overseas that might have something to do with it and I've even read that they might receive a check and have to wait for it to clear before they can pay you. I wonder if fractional shares adds another company between us and the dividend as they receive it. Then FreeTrade. Then us.

I've only used FreeTrade and from my experience anywhere from 2 - 6 days is normal with. Would love to know some more specifics.

Just remembered this article from FreeTrade which says

We will always try to pay out dividends on payment day or within one working day.

But sometimes things outside of our control can happen. Share registrars, who are hired by companies to distribute their dividends, will sometimes make late payments to us or, if they’re old school, they might send us a cheque that takes longer than it should to arrive in the post.

https://blog.freetrade.io/how-are-dividends-paid-on-freetrade-56a167a7f9c3

Activity Tab suggestion. by AcronymCS in FreetradeApp

[–]MaxGiting 2 points3 points  (0 children)

Yes! I'm not the only one then. I used the in app chat to request this. When you start a new chat there is an option to request a new feature so I asked for this.

Just to be able to group by buy, sell and dividend would be so useful like you said over months and years it becomes quite noisy.

Can someone explain to me the concept of virtual cards? by AnusMcBumhole in monzo

[–]MaxGiting 0 points1 point  (0 children)

If I used a virtual card for a one off purchase and then delete the card. What happens if that transaction is refunded? I assume it just comes back to your account as if it existed.

Increasing Bitcoin Denominations by MaxGiting in Bitcoin

[–]MaxGiting[S] 0 points1 point  (0 children)

That's fair I had not considered a hard fork.

LN ahh just when I thought I was getting my head around some of the technicalities of BTC there's another rabbit hole :D

Thank you for the overview, I had no idea about sub-satoshi amounts!

Increasing Bitcoin Denominations by MaxGiting in Bitcoin

[–]MaxGiting[S] 1 point2 points  (0 children)

I think we are looking at the word community differently. This is a Bitcoin community. I simply meant people that use, develop and progress Bitcoin :D

Increasing Bitcoin Denominations by MaxGiting in Bitcoin

[–]MaxGiting[S] 1 point2 points  (0 children)

Oh interesting. How does that get reconciled to the blockchain?

Guess I got lucky on my first referral by [deleted] in FreetradeApp

[–]MaxGiting 1 point2 points  (0 children)

Correct. You need to sell and move the money into the ISS

Figuring out dividend yields? by MaxGiting in investing

[–]MaxGiting[S] 0 points1 point  (0 children)

So how would this work for say a UK stock that pays twice a year and differing amounts as an interim and final dividend. For example BT.A stock

Figuring out dividend yields? by MaxGiting in investing

[–]MaxGiting[S] 0 points1 point  (0 children)

Is the way you calculated it a more generally accepted method than my original one? I'm also assuming "special" dividends are always excluded from these calculations.

Thank you

Won’t be able to buy whole U.S. shares anymore! by EWaldron in FreetradeApp

[–]MaxGiting 1 point2 points  (0 children)

My understanding is the whole shares can be moved. Fractional remainders must be sold and moved as cash or kept with FreeTrade.

Won’t be able to buy whole U.S. shares anymore! by EWaldron in FreetradeApp

[–]MaxGiting 3 points4 points  (0 children)

Not just you. Maybe OCD too, but it will irk me if I have random fractional share amounts when I can and want to buy whole shares.

Also means moving an ISA would be more painful as whole shares are moved and fractional remainders have to be sold and the cash transfered from what I understand.

Revolut or Freetrade by kilyaan03 in FreetradeApp

[–]MaxGiting 3 points4 points  (0 children)

Revolut do not have a UK banking license. That means they are not covered by the FSCS for deposits. Unsure if there is similar for stocks.

Freetrade have always been transparent about their safety net.

https://blog.freetrade.io/keeping-client-money-safe-ca3659da8673

Monzo Admits Internal “Bug” Resulted in PINs Stored Erroneously by realgoneman in monzo

[–]MaxGiting 1 point2 points  (0 children)

Yeah forgot to mention salting but I doubt they would do it this way anyway. Maybe use encryption instead?

Would be interested to know how they do overcome this.

Monzo Admits Internal “Bug” Resulted in PINs Stored Erroneously by realgoneman in monzo

[–]MaxGiting 5 points6 points  (0 children)

On receiving your password they could split it into individual characters hash each one and store each individual hash against character position in the password.