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Thread: O/T Keep selling Avanti

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  1. #1
    Join Date
    Oct 2005
    Posts
    9,350
    Not that I'm considering going into share dealing, it just looks far too risky unless you know what you're doing, which I don't.

    My question is how do you do it? Is there a site like bet365 or something?

  2. #2
    Join Date
    Aug 2008
    Posts
    15,162
    Quote Originally Posted by loyalmiller View Post
    Not that I'm considering going into share dealing, it just looks far too risky unless you know what you're doing, which I don't.

    My question is how do you do it? Is there a site like bet365 or something?
    Yes..A number of sites on the Internet and that is the cheapest and easiest way..These are dealing only brokers ie no advice.

    Deposit money via debit card press buy or sell and that's it!...No paperwork..all electronic and your shares are simply held in your account...Dealing costs vary but Halifax sharedealing which I use charge £15 I think for each deal.

    Spread betters where you can sell a share that you don't even own are financial bookmakers..They allow you to bet long (buy) or short (sell)..They quote prices that follow the underlying financial market to a large extent....They don't take a position so it doesn't matter to them if you win or lose as their money is made on the spread ie difference between buy and sell price.

    Again, you simply open an account and usually lose all your money within a month or two if you are in the 90 per cent loser group

  3. #3
    Join Date
    May 2008
    Posts
    7,240
    Quote Originally Posted by kempo View Post
    Yes..A number of sites on the Internet and that is the cheapest and easiest way..These are dealing only brokers ie no advice.

    Deposit money via debit card press buy or sell and that's it!...No paperwork..all electronic and your shares are simply held in your account...Dealing costs vary but Halifax sharedealing which I use charge £15 I think for each deal.

    Spread betters where you can sell a share that you don't even own are financial bookmakers..They allow you to bet long (buy) or short (sell)..They quote prices that follow the underlying financial market to a large extent....They don't take a position so it doesn't matter to them if you win or lose as their money is made on the spread ie difference between buy and sell price.

    Again, you simply open an account and usually lose all your money within a month or two if you are in the 90 per cent loser group
    A pictorial metaphor for Kempos betting/share investment advice


  4. #4
    Join Date
    May 2012
    Posts
    3,035
    Quote Originally Posted by kempo View Post
    Yes..A number of sites on the Internet and that is the cheapest and easiest way..These are dealing only brokers ie no advice.

    Deposit money via debit card press buy or sell and that's it!...No paperwork..all electronic and your shares are simply held in your account...Dealing costs vary but Halifax sharedealing which I use charge £15 I think for each deal.

    Spread betters where you can sell a share that you don't even own are financial bookmakers..They allow you to bet long (buy) or short (sell)..They quote prices that follow the underlying financial market to a large extent....They don't take a position so it doesn't matter to them if you win or lose as their money is made on the spread ie difference between buy and sell price.

    Again, you simply open an account and usually lose all your money within a month or two if you are in the 90 per cent loser group
    I use The ShareCentre which is an online dealing service. Costs me £24 per quarter for a frequent dealer cost and then I pay £5.25 per deal. From memory if you don't want the frequent dealer cost' you can trade for £7.50 per deal. cant place deals in some specialist ETFs but for the most part I have found them good. Been with them about 3 years.

    Another more expensive option is Barclays Stockbrokers - another online service. I use them also and they have a wider range of stuff, ETFs, overseas markets and particularly good if you ever wish to access smaller gold producers which predominantly trade on the Canadian and Australian stock markets. I've been using this one for about 12 years and it's been good.

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