Bank shares register
Author
Discussion

ShadownINja

Original Poster:

79,993 posts

311 months

Wednesday 21st January 2009
quotequote all
Come on, then.

Fess up.

1) What bank shares do you currently own?
2) What price did you buy them at?
3) How much did you invest?
4) What price are they now?

quotemehappy

307 posts

216 months

Wednesday 21st January 2009
quotequote all
A better question is how do I as a person who has never bought or owned shares before go about buying shares in a bank?

Ozzie Osmond

21,189 posts

275 months

Wednesday 21st January 2009
quotequote all
Have a look at this link. They are very focussed towards dealing with private individuals and won't treat you as an idiot just because you don't know all the jargon or have £millions to invest,

http://www.h-l.co.uk/our-services/Share-Dealing

quotemehappy

307 posts

216 months

Wednesday 21st January 2009
quotequote all
Ozzie Osmond said:
Have a look at this link. They are very focussed towards dealing with private individuals and won't treat you as an idiot just because you don't know all the jargon or have £millions to invest,

http://www.h-l.co.uk/our-services/Share-Dealing
Thanks a lot for that Oz Osmond, is it possible to go into a main branch of one of these banks and buy shares from their sharedealing services?

G_T

16,163 posts

219 months

Wednesday 21st January 2009
quotequote all
I believe you can buy the remaining 30% of RBS for the price of a slightly soiled Vauxhall Vectra.

It is somewhat difficult to quantify the value of worthless things though.


dan1981

18,092 posts

228 months

Wednesday 21st January 2009
quotequote all
Has anyone used these guys?

From what I'm reading I can buy and sell shares at up to £500 quids worth at all i pay is £9.99 per trade?

Is that correct?

Cheers

Dan

911motorsport

7,251 posts

262 months

Wednesday 21st January 2009
quotequote all
At 13p RBS shares must be a very good bet. They will get bailed out and they have just jumped the 'outing bad debt' hurdle. The only way is up!

ShadownINja

Original Poster:

79,993 posts

311 months

Wednesday 21st January 2009
quotequote all
quotemehappy said:
A better question is how do I as a person who has never bought or owned shares before go about buying shares in a bank?
I think that's a terrible question. A better question is which bank dare I save my savings in? Or what horse should I bet on?

spikeyhead

20,350 posts

226 months

Wednesday 21st January 2009
quotequote all
911motorsport said:
At 13p RBS shares must be a very good bet. They will get bailed out and they have just jumped the 'outing bad debt' hurdle. The only way is up!
Unless the follow the B&B or NR lead.

rude-boy

22,227 posts

262 months

Wednesday 21st January 2009
quotequote all
911motorsport said:
The only way is up!
The battle cry of the private investor.

The real one should more likely be "Buy high, sell low".

BMWBen

4,906 posts

230 months

Wednesday 21st January 2009
quotequote all
I bought shares in my employer through their share scheme. They are now worth 20% of what I bought them for (on guestimate average).

It hurts.

okgo

42,078 posts

227 months

Wednesday 21st January 2009
quotequote all
1) What bank shares do you currently own?

Lloyds

2) What price did you buy them at?

37.1

3) How much did you invest?

Nevermind

4) What price are they now?

44 at the time of writing.

ShadownINja

Original Poster:

79,993 posts

311 months

Wednesday 21st January 2009
quotequote all
Really, okgo? Are you in profit after commission/spread? If so, get out! Oh, it's 16.33. hehe

JonX2C

820 posts

239 months

Wednesday 21st January 2009
quotequote all
dan1981 said:
Has anyone used these guys?

From what I'm reading I can buy and sell shares at up to £500 quids worth at all i pay is £9.99 per trade?

Is that correct?

Cheers

Dan
They used to be a client of mine, I have not seen this service before but they are a very large well established organisation and I doubt very much they would be out to screw punters over.

They have mainly been in the pensions markets for the last 20 years, they know their stuff.

okgo

42,078 posts

227 months

Wednesday 21st January 2009
quotequote all
ShadownINja said:
Really, okgo? Are you in profit after commission/spread? If so, get out! Oh, it's 16.33. hehe
Ha, yeh of course.. the spread was not too bad..

I am keeping my mouse above close as we speak..

jesusbuiltmycar

5,125 posts

283 months

Wednesday 21st January 2009
quotequote all
911motorsport said:
At 13p RBS shares must be a very good bet. They will get bailed out and they have just jumped the 'outing bad debt' hurdle. The only way is up!
They may of 'outed' the bad debt, but that doesn't mean it has gone away...

ratbane

1,395 posts

245 months

Wednesday 21st January 2009
quotequote all
RBS will be fully nationalised IMO.

Ozzie Osmond

21,189 posts

275 months

Wednesday 21st January 2009
quotequote all
quotemehappy said:
Ozzie Osmond said:
Have a look at this link. They are very focussed towards dealing with private individuals and won't treat you as an idiot just because you don't know all the jargon or have £millions to invest,

http://www.h-l.co.uk/our-services/Share-Dealing
Thanks a lot for that Oz Osmond, is it possible to go into a main branch of one of these banks and buy shares from their sharedealing services?
It's extremely unlikely anyone will retail you their shares over the counter. I should give Hargreaves Lansdown a ring and chat to them if I were you. They're very human and will talk about the whole process with you. These days you don't even need to fool around with share certificates (unless you really want to) as the shares are held electronically in your name. You may even find you can do the transaction with a debit card.

Note: You will need to prove your identity at some point using a bank statement, driving licence etc. Dead easy.

ShadownINja

Original Poster:

79,993 posts

311 months

Thursday 22nd January 2009
quotequote all
okgo said:
ShadownINja said:
Really, okgo? Are you in profit after commission/spread? If so, get out! Oh, it's 16.33. hehe
Ha, yeh of course.. the spread was not too bad..

I am keeping my mouse above close as we speak..
Any good?

okgo

42,078 posts

227 months

Thursday 22nd January 2009
quotequote all
Closed at 53.8

So yeh worked out ok..