Buying Shares

Pataman

I want to buy and sell a small amount of shares. I am new to shareholding so i want to start small. I have contacted Sharewatch.com who seem to be one of the cheapest and easiest to use(online). Anyone used them or any others?

Zaph

I've used Fexco in the past, they were cheaper than most others and it was all very straightforward.

shepthedog

I know AIB do online but not sure of prices yet
will check it out

govinda

Hi

You should find some useful information here:

http://www.askaboutmoney.com/guide/ch05.htm

There's a discussion board linked to that site as well in which people rate some UK and Irish online share dealing services.

Victor

Buying less than a few thousand euros at a time will mean too much will be eaten up by brokers fees etc. You should also try to spread your risk over a varity of shares and sectors. To a degree, invest in what you know.

midget lord

davy trade online too afaik. The wonderful davy's.

If not then you can definitely keep up to date on fluctuations. You can buy shares of them on account and get a certain period of credit, so any capital appreciation on disposals will also be credited to your account. A good way of trading, particularly if you are only starting off.

alienhead

if you're just getting started, testing the water, what would be the norm to spend.

1000 euro?

Victor

I started with £1,000 however charges ate half my profit, so I would go higher. However, I would suggest you pick some shares you like, watch them for a few months, then invest.

alienhead

coolaboola

RainyDay

Originally posted by midget lord
If not then you can definitely keep up to date on fluctuations. You can buy shares of them on account and get a certain period of credit, so any capital appreciation on disposals will also be credited to your account.

And what about the losses? If this is a 'margin' account, they will sell your other shareholdings at will to recover losses on your account, if you slip below the agreed margin levels. It's a great way to guarantee that you sell your shares just when the market is sliding down.

spongebob

Originally posted by RainyDay
And what about the losses? If this is a 'margin' account, they will sell your other shareholdings at will to recover losses on your account, if you slip below the agreed margin levels.

Read the T&C's carefully then. If you actually OWN the shares and they are bought from cash they will not sell them. Margin Calls occur where you trade on credit .......in effect.

M

alienhead

greed is good

RainyDay

Originally posted by Muck
Margin Calls occur where you trade on credit .......in effect.

Midget Lord was referring to purchases made on account, i.e. "You can buy shares of them on account and get a certain period of credit"

Ronaldo7

Originally posted by alienhead
coolaboola

OK you OBVIOUSLY know people i know if your using that expression....where do you live? And what age are you?

alienhead

27 from dublin dude

Originally posted by Ronaldo7
OK you OBVIOUSLY know people i know if your using that expression....where do you live? And what age are you?

Victor

Originally posted by alienhead
greed is good

Greed is emotional, emotion doesn't belong in the market.

Ronaldo7

Originally posted by alienhead
27 from dublin dude

You dont have friends who are 18/19 do you? More importantly, where did you hear this expression? *ponders...*

alienhead

not sure where i got it from, all's i know is i've infected most of my mates with it. no buddies of that age dude.

Originally posted by Ronaldo7
You dont have friends who are 18/19 do you? More importantly, where did you hear this expression? *ponders...*

shepthedog

Thread has gone little off topic

Seems to me that there is serious opportunity for a company to offer cheap share buying services to the smaller investor...