Wow
Reading these threads is making my brain hurt.
I'm sure there's some good advice in it somewhere.
Wow
Reading these threads is making my brain hurt.
I'm sure there's some good advice in it somewhere.
Mick...I'm new to this share thing but treading very carefully....these two know quite a lot...
Good luck brin in dipping your toes into the murky world of share dealing.
The first thing to learn about the nature of the beast is look at the share price graph for a few days before any big positive announcement...You will note that miraculously and coincidentally of course the price starts its upward move BEFORE the announcement!.....funny thing that!
Cheers pal and yes I'll be very cautious and heed the advice
Mods
Please ban Geeterman for his continuing attacks on one of the site's most prestigious members.
I have made several members very rich with my sell Avanti advice and I am the go to guy for any advice which I give for free.
I am a very well respected professional and it's so wrong to have to be subjected to a nonentity who sells guitar strings on eBay and works an evening shift in a bar.
He sits in his council house pretending he is a great entrepreneur and only posts about myself nothing else.
Please issue an immediate ban to this underachiever and allow me to be the saviour of this site.
Thank you in advance and may I say what fantastic mods CAM and Froggy are.
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
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.