How Do You Buy Shares??????

[TheDetailDoctor]

Me & the Mrs are thinking of trying our luck buying £100 worth of shares in two banks (£100 in each.

Figuring that if we buy at 23p each, and in the long term can sell at £3 each we could make a reasonable profit for only a small risk.

Edited by TheDetailDoctor on Wednesday 4th March 11:06

[Republik]

Sounds simple doesn't it?! It isn't. If you want to dabble in them yourself. Try Stocktrader or Halifax share dealing. Just be prepared to lose your £100. If you can afford to lose it them give it a try.

[TheDetailDoctor]

Republik said:

Sounds simple doesn't it?! It isn't. If you want to dabble in them yourself. Try Stocktrader or Halifax share dealing. Just be prepared to lose your £100. If you can afford to lose it them give it a try.

Thanks.

I'll try Halifax as I have a bank A/C with them already.

I'll not be "investing" anything I cannot afford to loose.

[njsolutionsuk]

http://www.hoodlessbrennan.com/

Use the people above very good and very easy.

Cheers!

[aka_kerrly]

Republik said:

Try Stocktrader or Halifax share dealing.

stocktrader are one of the more expensive services -they charge you management fees and a cost per trade or circa £15 so on a £100 investment that will eat to much of your initial investment.

Hoodless brenham and sharecrazy trader are one an the same an offer lower charges per transaction an no on going admin fees. Also share centre arent bad either but charge quarterly fee.

If you want to consider investing more than £100 odd pounds or want to invest on a more regular basis you can get stocks+shares ISAs that allow monthly investment from as low as £50pm.

dave

[bridgdav]

www.iii.co.uk

Open a shsre dealing acct..

Very simple, no annual fees for basic trading and price reviews.
Transaction fees apply £10 I think..

[TheDetailDoctor]

So am I mad to think of buying 1000 RBS shares at the moment, what's the worst that can happen, I loose £200.

[davemac250]

No you are not mad.

There is a sense to this, and it is less risky than the horses!

[northandy]

TheDetailDoctor said:

So am I mad to think of buying 1000 RBS shares at the moment, what's the worst that can happen, I loose £200.

yes, in theory thats it...

but please dont get caught out by thinking that investing more will mean you'll be quids in in the future, its a slippery slope... at the moment theres no knowing what could happen... stick to investing what you wont be upset about losing.

I recently bought £500 RBS at 12p (IIRC) and sold at 14ish, and made about £60 after dealing charges...

I use First Direct (as I bank with them).

[ShadownINja]

Where are the usual lot?

Limpsfield! Horse Apple! Noel Watson! Northern Boy!

[markmullen]

I've opened a Selftrade account, it seems very good, only £13 a trade too.

[RumbleBee]

If I use a stocks and shares ISA, can I keep using my £3600 entitlement, and invest the further £3600 in shares only? Or if you want the £7200, does it all need to be in shares?

I think its my only option, as the new financial year is comming up, so want to make use of my entitlement, but standard cash ISA returns bugger all, better off investing it in a night at Spearmint Rhino.

[Roastie ITR]

I was looking last night for a decent share dealing account, I found that Halifax were the best. £11.95 a trade and I don't think there were any management fees.

Very tempted at the moment to dabble in the stock market, never done it before!! I have the FTSE100 screen infront of me at work, so would make my day more interesting if I could watch how my investments were doing at the same time

But saying that, I'm saving for a house at the mo, when I mentioned to the GF that I was tempted to stick £3k in, she didn't seem too impressed.

[TheDetailDoctor]

Roastie ITR said:

But saying that, I'm saving for a house at the mo, when I mentioned to the GF that I was tempted to stick £3k in, she didn't seem too impressed.

Not surprised mate.

I'm sticking to £100-200, no more, and hope to sit on it for a fair few years.

[louismchuge]

I have an etrade account and it's only 9 quid a pop

[davido140]

I'm planning on have a "punt" on this, It cant be worse than taking a few hundred quid to a casino which I have been known to do!

I cant see RBS going pop any time soon, not whilst the gubberment/all of us have such a large stake in it.

Unless of course the whole country goes bust, then money will be the least of our worries!

[crofty1984]

Has anyone used the HSBC shares thing? It'd be better for me because I already have an account with them. But they do seem to charge more than the others.

[ipitythefool]

crofty1984 said:

Has anyone used the HSBC shares thing? It'd be better for me because I already have an account with them. But they do seem to charge more than the others.

I use it.

£11.95 a trade.

Very good site as you can do all sorts of analytical profiling.

[camgear]

Is the LloydsTSB one any good? (I bank with them)

http://www.lloydstsb.com/share_dealing.asp?WT.ac=S...

[Arese]

Anything wrong with www.share.com ? A few guys here in work use it, so I'm thinking of having a dabble and becoming an overnight millionaire.