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where to start-Investment stocks/shares

  • 16-06-2011 12:12am
    #1
    laidbacklad
    Closed Accounts Posts: 7 ✭


    Hey Guys,

    I had been saving to go away to America for the summer but a few things have come up and i cant :mad: but the money i have saved i kind of want to invest in the stock market, I have had no experience doing this. I just finished my final year in Accounting and Finance in college so i have a fair bit of book knowledge and understand the terms etc.... just dont have the practical know-how.... i have €500 to mess around with.... how would of go about getting onto the stocks/ shares market... Im not to interested in Forex. Any advice on where to begin would be great.

    Thanks lads :)


Comments

  • #2
    Thargor
    Registered Users, Registered Users 2 Posts: 18,063 ✭✭✭✭Thargor


    €500 isnt enough, with brokerage fees when you buy, and again when you sell plus the annual fee the broker usually charges plus stamp duty plus capital gains tax for €500 to see any profit even if you're freakishly lucky and pick a share that gives you 20-25% returns you'll barely beat leaving it in a bank for a year.


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