potential shares novice advice

[Mactac]

Need some guidance and tips as vaguely interested in small time shares hobby'

Who can offer some hints (seriously)

[Eric Mc]

The principal feature of a hobby is that you don't mind losing money.

[Mattt]

Have you been practising on a fantasy game?

[Mactac]

Complete novice, had some very useful pointers and well aware of being-seen-off type scenario.

Oddly its something been on 'list of thing to try' would like to join a club possibly best plan, but thought I'd pick collectif brain here, as its often good source of gorm'

[Mattt]

Play on www.bullbearings.com a while to see how you go. Although be aware that your risk profile with play money will be different to real money.

[Mactac]

Hmmm interesting idea thanks.

Who could look at a companies shares in the meantime that are supposed to be doing well please.

[Eric Mc]

Why can't you do your own research?

[Mactac]

Eric Mc said:

Why can't you do your own research?

I thought of asking you as a matter of fact before hand Eric.

what does Buffet' look for, it can't just be a steep profits graph climbing up,
so whats best avoided.

this is an American packaging materials Company

cheers

[Mattt]

I used to play Bullbearings - I'm yet to play 'proper' shares, as the risk/reward to me at the moment isn't worth it.

I used to look for several factors, e.g. the state of the industry (helps if you work within the industry and have background knowledge), any new technologies being developed/released and any news relevant to sectors/companies etc.

At the end of the day, you just have to try it for yourself. You can also try out day trading vs longer term investments.

[Mactac]

What might cost be does anyone know
to ring a broker or however it works and buy or sell,
I assume perhaps wrongly its a commision on work they carry out perhaps on percentage value of said shares
again no idea very early days of course

[Mattt]

www.google.co.uk

[Eric Mc]

Mactac said:

Eric Mc said:

Why can't you do your own research?

I thought of asking you as a matter of fact before hand Eric.

what does Buffet' look for, it can't just be a steep profits graph climbing up,
so whats best avoided.

this is an American packaging materials Company

cheers

I know nothing about shares and investing in the stock exchange - except for the fact that it is essentially a form of gambling.
In the current economic climate, I would be reluctant to get involved - but I am very cautious by nature.

[Mactac]

Thanks and yes I read your comments on insider trading as well!

can you sneak in a file concealed in a big Cake should the need arise

[Mactac]

thanks all,

for now at least thee cash stays firmly in the bank,
I was only looking for a hobby which may even pay its way, as I say i'm in no rush or position for that matter to throw cash about on a whim,
for novices at least it can only be a luck issue and mines not that good lately.

I will however look at the suggestions mentioned as it still intrigues me

[clubsport]

Isn't there a PH secret society share trading club???

[Mactac]

Indeed Paul but I'm not yet beyond the 1K post target which allows me access!.

[Mattt]

Mactac said:

Indeed Paul but I'm not yet beyond the 1K post target which allows me access!.

Why do you think 1k posts gets you access?

The PH Share club (Shareheads) has since been disbanded for a variety of reasons.

[Mactac]

Only joking mate, are you serious about the club?

I'd just like some guidance really, I read your comments elsewhere about first attempts should be a positive one, and quite fancied a (moderate) try myself.

Regards R

[Mattt]

Yes the club didn't work out, and was disbanded. Most people put the money into the PH Lottery Syndicate

[Mactac]

Honestly I'd sooner resume drinking and PIUTW, the way my luck goes.

Must have utterly by passed the millionaires club and their Brunters meets, (probably as a result of my rather exciting initial spin with what's hisname!) That time...