FabSwingers.com mobile

Already registered?
Login here

Back to forum list
Back to The Lounge

Does anyone deal in shares?

Jump to newest
 

By (user no longer on site) OP   
over a year ago

Got savings with my building society and the financial year end in April i got very little in return for what i have so i'm looking at other avenues for my investment.

Been thinking about buying shares and i have got wind of two companies that are going to make a killing within a year and it's a risk i would take if it meant a huge return although not guaranteed.

I may start off little and hopefully sell high to see how it goes.

If anyone does share deal who can you recommend as a broker. I know most average at £10.00 per deal but it is advisable to use a high street bank for a novice like me or are they all similar ie an independent broker?

Done a bit of research on this and i'm prepared to give it a go.

Reply privatelyReply in forumReply +quote
 

By *leasureDomeMan
over a year ago

all over the place

its not the basic costs you have to watch but the infrequent charges ,most online companies charge a flat fee for the account and then a per sell -buy charge and the more you do that the less it is ..so if your planning an quick into the market and then jump out ,the charge maybe high as its infrequent so factor that in when your working it out .

Also if you cant afford to lose it think carefully about what you invest,as the online broker feeds are a good 20 minutes behind the market.

You can get real time feeds but for what you want its expensive.

good luck

Reply privatelyReply in forumReply +quote
 

By *harpDressed ManMan
over a year ago

Here occasionally, but mostly somewhere else

I would definitely suggest speaking to your bank.

Reply privatelyReply in forumReply +quote
 

By (user no longer on site) OP   
over a year ago

Only looking at a small investment to start off with 50-100 shares per company. The companies i'm looking at doesn't expect to have an immediate impact but its a work in progress till they get what's expected of them so i may play them cautiously and see how it goes.

Either that i should just slap a figure on the Spain to win the World Cup or just go on a piss up

Reply privatelyReply in forumReply +quote
 

By (user no longer on site)
over a year ago

Better still, just give me all your money and I'll spend it wisely

Reply privatelyReply in forumReply +quote
 

By *iamondsmiles.Woman
over a year ago

little house on the praire

Jays very big on the stock market he has investments in a vast amount of companies i can have a word with him. If you want me to just pm me.

Reply privatelyReply in forumReply +quote
 

By *stwoCouple
over a year ago

anywhere

we use hargreaves wilson as stockbrokers and have done for a long time.in the current climate though we cant emphasise strongly enough you should only play with what you can afford to lose and not get upset about losing it.a dead cert on the stock market is like a dead cert winning the grand national.

Reply privatelyReply in forumReply +quote
 

By *stwoCouple
over a year ago

anywhere

hargreaves lansdown not wilson

Reply privatelyReply in forumReply +quote
 

By (user no longer on site)
over a year ago


"Better still, just give me all your money and I'll spend it wisely "

Even better give me all your money and I can honestly promise to squander the lot!!

Reply privatelyReply in forumReply +quote
 

By (user no longer on site) OP   
over a year ago


"hargreaves lansdown not wilson"

That's one of the brokers i have been looking into.

TBH i don't want to go all in with what i have but enough to accept that i can lose it all without feeling bad about it.

I'm a bookie man so gambling is nothing new to me. You win some you lose some.

Reply privatelyReply in forumReply +quote
 

By (user no longer on site)
over a year ago

I used to be in a shares club, a group of bankers lawyers and other professionals who got together once a month to debate and decide on which shares to purchase, it was only about £20 each we put in every month but it worked for us. Maybe see if there is one of them local to you or start your own? xx

Reply privatelyReply in forumReply +quote
 

By (user no longer on site)
over a year ago

These days with the Internet so safe- in certain areas, you don't need a broker. You can but precious metals direct from the mines these days and most companies will sell to you if you do your research. If you would rather use a broker Speak to them and ask them if they have an Internet service, they charge a small amount for the same help but without the one to one pushing up your costs.

Reply privatelyReply in forumReply +quote
 

By *ig badMan
over a year ago

Up North :-)

A little but i advise selling any BP ones Fast!!!!

Reply privatelyReply in forumReply +quote
 

By (user no longer on site)
over a year ago

I've used Hargreaves Lansdown for years also. They offer an execution-only service whereby they simply buy and sell what you tell them to. If you were investing large sums you'd want an advisory service where your stockbroker will give you advice on what is happening with a company you express interest in.

The golden rule of share dealing is buy when everyone esle is selling and sell when they are buying. Set a profit/loss stop and stick to it rigidly. For example: if you invest £1000 and set a profit/loss stop of 10% then move your stops up if you make money and sell if your portfolio drops below your limit of a 10% loss.

It's not for the faint hearted and big gains are usually followed by big losses, so get out if you hit an upturn and wait for the shares to drop to buy them back cheaper than you sold them for.

And don't forget your capital gains ceiling!

Good luck.

Reply privatelyReply in forumReply +quote
 

By (user no longer on site)
over a year ago


"A little but i advise selling any BP ones Fast!!!! "

You see, I'd buy BP shares at the moment as they've been hammered due to recent events but the company is a sound company with regular profits year on year. Their market capitalisation isn't reflected in their current share price which is solely due to the American disaster.

Reply privatelyReply in forumReply +quote
 

By *ig badMan
over a year ago

Up North :-)


"A little but i advise selling any BP ones Fast!!!!

You see, I'd buy BP shares at the moment as they've been hammered due to recent events but the company is a sound company with regular profits year on year. Their market capitalisation isn't reflected in their current share price which is solely due to the American disaster."

If they loose their contract to drill state side then business is down 60%. Its a risky strategy right now. Sell now, buy back next week if just before they get the huge dildo in the leaking pipe i say.

Reply privatelyReply in forumReply +quote
 

By (user no longer on site) OP   
over a year ago


"A little but i advise selling any BP ones Fast!!!!

You see, I'd buy BP shares at the moment as they've been hammered due to recent events but the company is a sound company with regular profits year on year. Their market capitalisation isn't reflected in their current share price which is solely due to the American disaster."

BP's shares will continue to go down until they fix this oil leak. Rough estimates are saying it will take another 2 months to fix. BP will continue to make profit but buy at the right time you could be doing well.

Reply privatelyReply in forumReply +quote
 

By (user no longer on site)
over a year ago


"A little but i advise selling any BP ones Fast!!!!

You see, I'd buy BP shares at the moment as they've been hammered due to recent events but the company is a sound company with regular profits year on year. Their market capitalisation isn't reflected in their current share price which is solely due to the American disaster.

If they loose their contract to drill state side then business is down 60%. Its a risky strategy right now. Sell now, buy back next week if just before they get the huge dildo in the leaking pipe i say."

They won't lose their contract, it would cost too many jobs and as long as BP honour any costs incurred in the clean-up operation they'll come out of this a little tarnished but relatively unscathed. There is still the lawsuit regarding the owners of the rig to finalise (BP only operated from it), and as long as BP have got their asses well and truly covered they should be ok. I'd wait no more than 2 weeks before buying into BP - that should have flushed out the panickers and the share price will have bottomed out and you should see it start to rise.

Reply privatelyReply in forumReply +quote
 

By *abioMan
over a year ago

Newcastle and Gateshead

rather than shares at the moment, depending on how much money you are talking about, it might be as wise to look at putting it in a ISA... depending on the interest rate they are giving you...

Reply privatelyReply in forumReply +quote
 
 

By (user no longer on site)
over a year ago

...Gold would also be a good place for your cash too. With the Eurozone teetering on the brink of catastophe, gold prices are holding up well.

Reply privatelyReply in forumReply +quote
Post new Message to Thread
back to top