Wally Pruett Posted October 12, 2023 Report Share Posted October 12, 2023 I’m thinking of buying stock in Royal Caribbean. How much stock do I need to buy to get credits on a Cruise? How do I apply for the credits? wally Quote Link to comment Share on other sites More sharing options...
Shari Posted October 12, 2023 Report Share Posted October 12, 2023 You will need 100 shares. Quote Link to comment Share on other sites More sharing options...
Cakemeister Posted October 12, 2023 Report Share Posted October 12, 2023 Link: Shareholder Benefit Request - 5.25.23 | Shareholder Benefit Request - 5.25.23 - Online Surveys (questionpro.com) Quote Link to comment Share on other sites More sharing options...
Ryan79 Posted October 12, 2023 Report Share Posted October 12, 2023 100 shares comes out to just under $9,000 as of right now. Tying up $9k for minimal discounts with an industry that isn’t know for stable stock prices or returns is very risky. If the discount is your endgame, you may get a better net result simply investing the $$ in a 5% CD. RCIfan1912 and Matt 2 Quote Link to comment Share on other sites More sharing options...
Matt Posted October 12, 2023 Report Share Posted October 12, 2023 I agree with @Ryan79. We're not here to give financial investment advice, but I would not recommend buying stock purely for onboard credit. You should buy stock because you think it's a good long-term financial investment. RCIfan1912, ChessE4 and Robert M 3 Quote Link to comment Share on other sites More sharing options...
BrianB Posted October 12, 2023 Report Share Posted October 12, 2023 …..unless you’re a Cruisaholic. To be sure, the price is a bit high right now. I found the sweet spot to be closer to $50 or $60. If you plan on cruising frequently, having the stock as a long term investment combined with the OBC is a pretty good deal. Getting $100 for every seven night cruise is nice. Even more for longer cruises. It goes towards my daily gratuities. Sort of like dividends on steroids. But if you only cruise once in a while, it’s not a very attractive stock at this time…even with the OBC. Not advice, just my opinion. Quote Link to comment Share on other sites More sharing options...
smokeybandit Posted October 12, 2023 Report Share Posted October 12, 2023 Put it in this context. A good travel credit card can get you $100 in cash back that you could use for a cruise a lot cheaper than buying a lot of stock. Ryan79 and JustMeJoe 2 Quote Link to comment Share on other sites More sharing options...
Cakemeister Posted October 12, 2023 Report Share Posted October 12, 2023 2 hours ago, smokeybandit said: Put it in this context. A good travel credit card can get you $100 in cash back that you could use for a cruise a lot cheaper than buying a lot of stock. Yes, 2% cash back on a $5000 cruise is the same $100. I look at the OBC as a dividend. $100 OBC, if the stock is at $100, is a 1% dividend you get with every cruise you take. Quote Link to comment Share on other sites More sharing options...
Bean79 Posted October 12, 2023 Report Share Posted October 12, 2023 I agree with others. Buy the stock if you want to invest in the company long term. Their stock price was around $130 pre-pandemic, but they didn't have the debt they have now. Cheers. Ryan79 1 Quote Link to comment Share on other sites More sharing options...
PL8SWPR Posted October 13, 2023 Report Share Posted October 13, 2023 In 2020, it dropped to around $20, then in 2022, dropped to around $35 IIRC. I got in around $35 (50 shares 2020 / 50 in 2022), sold at $109. I'm not one for risky purchases, so I'd have to see it down below $50 before I'd consider getting back in on a 100 share purchase. Quote Link to comment Share on other sites More sharing options...
steverk Posted October 13, 2023 Report Share Posted October 13, 2023 If you're buying for obc purposes only, Carnival or NCL offer similar programs and are much cheaper. Imo Royal is much better managed and a better investment, but if you really want the obc, then those other two would be a better choice Quote Link to comment Share on other sites More sharing options...
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