June 28, 200818 yr Hi all, I've read quite a bit on this website about people trading shares and quite fancy having a go at it myself. I won't be investing too much to start with maybe £50 a month and see how it goes. I'm still in my twenties so its not too urgent for me to worry about the future. As i have never invested in shares before i was just wondering if anyone could offer any general advise or pearls of wisdom. I am not after opinions of which stocks look good at the moment as i will do my own research on this. Rather i am after any practical advice that people could offer relating to the best bank to use to buy shares, what are reasonable transaction fees etc. Thanks
June 28, 200818 yr Check out uk.etrade.com and see what their fees are although not sure if 50 pound/month is enough as you may have to pay min 10-20 pounds commission even for a online acc. so you would need to gain 20-30 % before you start making money. (thats if you gain !!) Probably better off putting it in a fixed deposit acc if can get over 6% ?? and wait till you have 500 pound plus and then invest it in stocks.
June 29, 200818 yr Barclays stockbrokers online is 6.50 per trade if make over 11 per month othwise 12 pound max
June 29, 200818 yr try looking into inside trading IE new companies that are about to float with intersting products! or wait till there is another market crash in Thailand, then buy
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