Forums > JT Investment Certificates > Topic: Quick Question
| Dec 8th 2007, 05:17 SouthernPitBull Sosa |
Quick Question | |
| I'm a bit confused here after reading all these posts... OK say i invest in 1000 shares at L1 a share, for a total of $1000. Each day would i receive L2 as the interest? like i do the 1L per 1000 in my cash account? |
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| Dec 8th 2007, 06:55 Guardian Market |
Re: Quick Question | |
| No - you would receive monthly dividend payments at the beginning of each month. This is true regardless of whether you hold the shares for one day or 30 days beforehand (although the price should go up before the dividend payment). For the amounts of the payments, see this thread: http://www.slcapex.com/forums/topic/JTIC/822 |
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| Dec 8th 2007, 07:29 Strongman Shelford |
Re: Quick Question | |
| hey guardian, your jtic posts r the best ones ;) |
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| Dec 8th 2007, 08:39 SouthernPitBull Sosa |
Re: Quick Question | |
| thank you for clearing that up for me | ||
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| Dec 8th 2007, 14:31 Guardian Market |
Re: Quick Question | |
| Thanks Strongman! | ||
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