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buying shares

Jake Unkutt Posted: Fri, 17/02/2006 - 3:33pm
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after reading last weeks thread, what is the easiest ways to buy shares?
i might put a few hundred quid in the company i work for.

any tips?
im pretty clueless regarding shares Sad


Uncle bulgaria Posted: Fri, 17/02/2006 - 3:43pm
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Jake Unkutt wrote:

after reading last weeks thread, what is the easiest ways to buy shares?
i might put a few hundred quid in the company i work for.

any tips?
im pretty clueless regarding shares Sad

Have a look over on www.fool.co.uk - it is a site dedicated to letting you take control of your finances and includes stuff about which brokers to use etc.

When you buy or sell shares you have to pay a fee to the people who do this for you. It may be £15-20 for a normal trade or more if your company is not on one of the main markets. You will also have to pay more than the "mid price" on buying and get less on selling, just like a currency exchange. This is called the " spread" and can be anything from 1-2% to over 100% depending on the company.

On the basis of this, you have to believe that the shares will go up buy a sizeable amount to make a profit. They could of course go down and you may even find you cannot sell the shares.

If you have inside information about the company then it is illegal to trade in the shares or even tell outsiders about it. This rule is not enforced very often but people have been prosecuted for it on occassion and employees are often sacked if caught.

That sums up most of what you need to start with. Good luck.

thanks

Iain


berk_old_account Posted: Fri, 17/02/2006 - 3:47pm
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trade on the forex (its what i do) more chance of making small profits then going for the big profits ie share dealing etc

ill trade you but we dont do nothing under £5k


Uncle bulgaria Posted: Fri, 17/02/2006 - 3:54pm
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Hello there berk, do you trade the Brazilian Real? It is a volatile currency and I'm tempted to give it a try as the moves seem fairly predictable.

thanks

Iain


mr.white Posted: Fri, 17/02/2006 - 3:55pm
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Quote:

i might put a few hundred quid in the company i work for.

berk wrote:

ill trade you but we dont do nothing under £5k

r u dumb or just showing off? please tell


berk_old_account Posted: Fri, 17/02/2006 - 3:57pm
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mr.white wrote:
Quote:

i might put a few hundred quid in the company i work for.

berk wrote:

ill trade you but we dont do nothing under £5k

r u dumb or just showing off? please tell

just saying mate not showing off ,currency dealers dont make the big money... Cry

for example someone does £10k into EUR sometimes to compete with the banks you only make £300 and you get 10% ...£30


mr.white Posted: Fri, 17/02/2006 - 4:00pm
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here you go.. buy shares in ferrari, ebay, tiffany and co etc

http://www.thedoghouse.co.uk/Shares.asp

Cool Laughing out loud


denisovich Posted: Fri, 17/02/2006 - 5:04pm

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There was a big thread on this a while ago. Mostly made up of idiotic ramblings about shares and the dangers of letting spivs in the city manage your money.

Unless you have a good reason (not just you heard it down the pub) or there is a particular incentive (such as buying shares in a company you work for, where say, they offer you 2 for 1 and you get tax breaks), don’t bother buying shares in one company.

Buy into a fund which invests in variety of companies in a particular market / sector.

And before you do that – don’t even bother unless you’ve already used up your ISA entitlement – gains on which are untaxed.


xos Posted: Fri, 17/02/2006 - 5:47pm

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Joined: 2003-12-05

berk wrote:
mr.white wrote:
Quote:

i might put a few hundred quid in the company i work for.

berk wrote:

ill trade you but we dont do nothing under £5k

r u dumb or just showing off? please tell

just saying mate not showing off ,currency dealers dont make the big money... Cry

for example someone does £10k into EUR sometimes to compete with the banks you only make £300 and you get 10% ...£30

who do u work for?


t_dot Posted: Fri, 17/02/2006 - 8:22pm
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denisovich wrote:

There was a big thread on this a while ago. Mostly made up of idiotic ramblings about shares and the dangers of letting spivs in the city manage your money.

Unless you have a good reason (not just you heard it down the pub) or there is a particular incentive (such as buying shares in a company you work for, where say, they offer you 2 for 1 and you get tax breaks), don’t bother buying shares in one company.

Buy into a fund which invests in variety of companies in a particular market / sector.

And before you do that – don’t even bother unless you’ve already used up your ISA entitlement – gains on which are untaxed.

yeah but that sort of takes the fun out of it really. Id rather do it myself and have a bit of a gamble....


Ocin Posted: Fri, 17/02/2006 - 9:35pm
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i have shares that were bought for me when i was born ut they say xx account after the person who bought thems name (xx= my initials) how can i get them transferred to my name so i can trade etc? is there a way? thanks in advance guys


anadin Posted: Fri, 17/02/2006 - 10:04pm

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itsnic! wrote:

i have shares that were bought for me when i was born ut they say xx account after the person who bought thems name (xx= my initials) how can i get them transferred to my name so i can trade etc? is there a way? thanks in advance guys

i had the same situation

contact the broker, and just ask them to swap the names, you need the original signature and your own. It should be that simple


R Posted: Mon, 03/05/2010 - 6:07pm
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sorry to bring up an old thread but does anyone know the best place online for execution only trading please? only really a one off for the time being


suki2shoes Posted: Mon, 03/05/2010 - 8:14pm
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tdwaterhouse.com are generally the cheapest (9.95 per trade)


Ocin Posted: Mon, 03/05/2010 - 11:20pm
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http://nakedtrader.co.uk/offers.htm I use selftrade, always found them great. there is a decent offer for it and ADVFN too (share monitoring). I'd urge anyone who is considering buying shares to read Robbie Burns' book...fantastic


Mookie_blaylock Posted: Fri, 15/06/2012 - 12:02am

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what is the best/cheapest website for online share dealing please? I will not use if it often

Is Hargreaves Landsdown any good?


MrW Posted: Fri, 15/06/2012 - 12:06am
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Always used www.selftrade.co.uk which has worked for me, no fuss & easy to use.


toof_ake Posted: Fri, 15/06/2012 - 12:27am
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t_dot wrote:
denisovich wrote:

There was a big thread on this a while ago. Mostly made up of idiotic ramblings about shares and the dangers of letting spivs in the city manage your money.

Unless you have a good reason (not just you heard it down the pub) or there is a particular incentive (such as buying shares in a company you work for, where say, they offer you 2 for 1 and you get tax breaks), don’t bother buying shares in one company.

Buy into a fund which invests in variety of companies in a particular market / sector.

And before you do that – don’t even bother unless you’ve already used up your ISA entitlement – gains on which are untaxed.

yeah but that sort of takes the fun out of it really. Id rather do it myself and have a bit of a gamble....

Denisovich is spot on. If you are 'pretty clueless' get an ISA.

If you want to gamble go to Cityindex or IG. You can speculate on loads of different markets and it'll give you a much better understanding of how things work. Buying shares in a single company isn't a great idea.


Sosa Posted: Fri, 15/06/2012 - 12:51am
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@mookie, I use Hargreaves Landsdown vantage fund and share account and think its good to use, Think most I pay to trade is 10 pound a deal, but not very experienced at all just playing with AIM shares at the minute


Mookie_blaylock Posted: Fri, 15/06/2012 - 11:02am

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Cheers all


eent Posted: Sun, 17/06/2012 - 9:21am

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I recommend two of Peter Lynch's books if anyone wants to have a dabble. Both "Learn to Earn" and "beating the street" give good basic knowledge of the markets and what you should be looking for.