buying apple shares after split

[daveskerr82]

Good evening,

I am new to buying/selling shares and I am looking to buy 1 share in Apple now that the split has happened. Prices are more affordable and it seems like a good time to make the purchase. I am more of an apple fan rather than interested in buying and selling shares.

Can anyone offer some advice on the easiest way to go about doing this?

Cheers

David

[Mattt]

When you say 1 share, do you mean just 1 share?

Regardless, I'd look at opening a stocks & shares ISA (from your comment I assume you don't have one), someone like Hargreaves Lansdown or Charles Stanley can do it. Then you transfer the money and execute the trade, you'll pay some form of fees depending on who you choose.

[vescaegg]

Buying one share isnt worth it IMO.

Even if they double (highly unlikely in the near future) you will have only made about £50...

[fandango_c]

[quote=daveskerr82]Prices are more affordable/quote]

Why are prices more affordable?

$100 will still buy $100 of Apple shares...

[walm]

fandango_c][aveskerr82]Prices are more affordable/quote said:

Why are prices more affordable?

$100 will still buy $100 of Apple shares...

No it won't.

Look up the price.

Before the split you couldn't buy any with $100, and now you can just about afford 1 depending on transaction fees.

Talking of which OP - buying one seriously isn't worth it considering the transaction costs, IMHO.

[Oakey]

It's a US firm so isn't there a few hoops to jump through before he can buy stock as well?

[walm]

W8-BEN form and make sure the broker offers foreign stock and that's it - IIRC.

[daveskerr82]

Thanks for the advice folks,

I've seen a few companies in the states that sell you a single share along with a commemorative framed copy to hang on the wall. It looks like it may be too much of a hassle to do this in the UK!

[twinturboz]

Putting aside the fact that it's not worth buying one share, it's relatively easy to do. Just open up a trading account or open up a stocks and trading ISA account and buy it in there.

The issue is some of the accounts will need to you fund a minimum amount so you don't attract admin charges. Alternatively ask your bank if you can buy it in a share certificate form.

[Slowped]

I would avoid US certs if you can. If at any point you decide to sell the stock a broker would charge a dematerialisation fee (mine is £50 for US certs) which would eat a chunk or all of the value of the one share.

As others have said, you will need to sign the IRS W8-BEN form before you can trade in the UK.