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How does one buy US shares?

  • 04-12-2006 6:03pm
    #1
    Registered Users, Registered Users 2 Posts: 348 ✭✭


    There's this US company, listed on the DOW over there, that I have my eye on. Shares have taken a bit of a tumble, and I happen to have some spare cash lying around, am pretty confident it's gonna rise again and wouldn't mind throwing down €3k on it.

    Questions, though!

    (A) Is there a limited amount of shares that each of these companies have? i.e. if the volume of trading is up on the company, will it be hard for me to buy shares/

    (B) How would I go about it? Never traded before, say I wanted to have €3,000 worth of said company's shares in my pocket by Friday of this week (gotta move quick!) how would do it?


Comments

  • Registered Users, Registered Users 2 Posts: 11,205 ✭✭✭✭hmmm


    Any Irish stockbroker should be able to buy the shares for you. Shop around though, they can charge hefty fees (and watch out for annual account fees). A bank will also arrange to buy them through a stockbroker, might as well ask them too.

    Some of the smaller companies will have a hefty bid/offer spread if they are lightly traded. A company listed on the Dow though will have a small spread and will be easy to trade.

    Not to put a downer on things, but those of us who have in the past have invested in what we thought were "sure things" have often been left down - if this 3k is money you can't afford to lose if things go wrong, don't buy individual shares would be my advice.


  • Closed Accounts Posts: 6,151 ✭✭✭Thomas_S_Hunterson


    Don't want to state the obvious, but you better not be buying these shares in response to a pump and dump email you received!!;)


  • Closed Accounts Posts: 296 ✭✭PDelux


    What's the company? I'll take a look.


  • Closed Accounts Posts: 1,803 ✭✭✭dunkamania


    watch out for the falling dollar


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