Share trading or IGIndex?

[The Contrarian]

Looking to speculate on a few very low priced (currently) shares. Total fund of £10k to lose.

Looking at thing slike Taylor Woodrow, Lloyds, Inchcape - the sort of established companies currently well below thier 'peak' market value.

I expect to hold the shares between 12 months and 36 months.

I guess trading th eactual shares is the only way to go? Financial spread bets are not this long term, are they?

[dibbly_dobbler]

The Contrarian said:

Looking to speculate on a few very low priced (currently) shares. Total fund of £10k to lose.

Looking at thing slike Taylor Woodrow, Lloyds, Inchcape - the sort of established companies currently well below thier 'peak' market value.

I expect to hold the shares between 12 months and 36 months.

I guess trading th eactual shares is the only way to go? Financial spread bets are not this long term, are they?

I'm on IG - the longest time duration I could see on LBG was until March 2010 so it looks like 'yes' and 'yes'. Not sure if any other spread bet sites can do a longer duration but no doubt somebody will know...

Good luck

[BarnatosGhost]

dibbly_dobbler said:

The Contrarian said:

Looking to speculate on a few very low priced (currently) shares. Total fund of £10k to lose.

Looking at thing slike Taylor Woodrow, Lloyds, Inchcape - the sort of established companies currently well below thier 'peak' market value.

I expect to hold the shares between 12 months and 36 months.

I guess trading th eactual shares is the only way to go? Financial spread bets are not this long term, are they?

I'm on IG - the longest time duration I could see on LBG was until March 2010 so it looks like 'yes' and 'yes'. Not sure if any other spread bet sites can do a longer duration but no doubt somebody will know...

Good luck

If you're holding the shares for 3 years I believe you'll be better off buying the physical shares. Under a year and spread betting should be cheaper.

Also depends if you're going to be troubling the CGT thresholds - no tax at all to pay on spread betting winnings.