Advice needed

crazy chester

Was wondering about investing and especially the stock market. The thing is i want to invest a certain amount every month out of my wages (maybe E300 per month)and not all my savings! Is ther a min price on buying shares? (i.e can i buy E300 of ryanair shares or is there a min of E1000?) Also what would be a good regular savings account, would prefer high risks-high returns over med-long term.
Any advice would be great
Thanks

With that amound you would be better putting it into a savings account as the taxes /transaction costs will wipe out any profits you make.

stepbar

crazy chester wrote: »

Was wondering about investing and especially the stock market. The thing is i want to invest a certain amount every month out of my wages (maybe E300 per month)and not all my savings! Is ther a min price on buying shares? (i.e can i buy E300 of ryanair shares or is there a min of E1000?) Also what would be a good regular savings account, would prefer high risks-high returns over med-long term.
Any advice would be great
Thanks

One word - Pension.

Poncherello

Rabodirect offer decent rates on savings accounts and also allow you invest small amounts at low rates in a broad array of funds that track certain sectors of the stock market accross the world.
So while you cant buy Ryanair with them you could probably buy a European Aviation Tracker Fund or something similar.

crazy chester

Thanks a mill for the advice guys! Am looking into rabodirect at the mo and also increasing my pension payments. Just another quick question, how much would you be talking about to get into buying shares?

turf

put it all on red :P

how about rabodirect.ie or some of boi's fund accounts?

Tails142

When you have 10 grand cash that you dont need for anything, then think about shares.