So You Want to Ditch Your Stonks? A (Slightly Hysterical) Guide to Selling Shares on Computershare
Let's face it, we've all been there. You hopped on the meme-stock train, bought into that "guaranteed-to-be-a-unicorn" startup, or maybe your grandma randomly gifted you shares in a company that makes buttons (seriously, grandma?). Now, reality bites, and you're ready to cash out. But here's the thing: your stonks are chilling on Computershare, that mysterious land where buying shares felt like applying for a mortgage. Fear not, fellow investor (or should I say, ex-investor?), for I am here to guide you through the not-so-jungles of selling your shares.
How To Sell Shares From Computershare |
Step 1: Unearthing Your Investment Indiana Jones Style (or Logging In)
First things first, you'll need to navigate the digital plains of Computershare. If you haven't already, you'll need to create an Investor Centre account, which involves a login dance that might require your social security number, your pet's name spelled backward, and a blood sacrifice to the market gods (okay, maybe not the last two, but it can feel that dramatic).
Pro Tip: If you're feeling particularly adventurous, you can try the "Access a Single Holding" option. But be warned, this path is fraught with peril (mostly just confusion).
QuickTip: Read line by line if it’s complex.![]()
Step 2: Finding Your Shares: Are They Hiding Under the Couch or Securely Registered?
Once you're logged in (and maybe slightly sweaty from the login ordeal), you'll need to locate your shares. Think of it like finding Waldo, but instead of a red-and-white striped shirt, you're looking for a ticker symbol or company name.
Word to the Wise: If you can't find your shares, don't panic. It might just mean you haven't had enough coffee.
QuickTip: Pause at lists — they often summarize.![]()
Step 3: The Moment of Truth: "Sell" or "Sell, Sell, SELL!"
Alright, you've found your shares! Now comes the big decision: how much are you willing to let these bad boys go for? Computershare offers a few options, like selling at a specific price (perfect for those who play the market like a game of chess) or a market order (basically throwing your shares into the stock market mosh pit and hoping for the best).
Don't Forget: You might also want to consider things like commissions and settlement times (because adulting, even in the world of stonks).
QuickTip: A slow read reveals hidden insights.![]()
Step 4: The Waiting Game (or When Will My Money Appear?)
After you've confirmed the sale, it's time to twiddle your thumbs and wait. The settlement process can take a few days, so don't expect your account to magically overflow with cash overnight.
Fun Fact: While you wait, you can try refreshing your account every two minutes. Science says it might speed things up (not really, but it can be a good stress reliever).
QuickTip: Focus on one line if it feels important.![]()
Congratulations! You've Sold Your Shares! (Cue confetti...maybe)
So there you have it! You've successfully sold your shares on Computershare. Now you can use the proceeds to:
- Buy more questionable investments (hey, nobody's judging).
- Finally get that avocado toast you've been dreaming of.
- Invest in a therapist to help you deal with the emotional rollercoaster of the stock market.
Remember: Selling shares is just one part of the investing journey. The most important thing is to do your research, have a plan, and maybe offer a little prayer to the market gods (just in case).