Basic questions

gutteruu

Sorry for another of these threads, but I want to buy 4-5k worth of shares. I want to throw about €2k into Bank of Ireland and 1500 each on netflix and tesla.

First question is, is there any point buying 5 or 6 shares in companies like tesla or netflix or is the amount just to small ?

Second question is where to buy. Probably only buy/sell every few months or so depending, so don't need a daily trading jobby. The one with the least hassle to set up would be preferable also.

Edit: One quick more question. Is there a way of betting against a rise/for a drop in share price, similar to betting exchanges.

Thanks.

gordongekko

gutteruu wrote: »

Sorry for another of these threads, but I want to buy 4-5k worth of shares. I want to throw about €2k into Bank of Ireland and 1500 each on netflix and tesla.

First question is, is there any point buying 5 or 6 shares in companies like tesla or netflix or is the amount just to small ?

Second question is where to buy. Probably only buy/sell every few months or so depending, so don't need a daily trading jobby. The one with the least hassle to set up would be preferable also.

Edit: One quick more question. Is there a way of betting against a rise/for a drop in share price, similar to betting exchanges.

Thanks.

marketspreads or ig do spread betting. Any broker will look after your needs. They amount is not that small but it means commission charges at a % will be a little high.

Any particular reasons for picking those 3 stocks?

gutteruu

Had a look at marketspreads (shelbournemarkets?) and the dummy account only allows €500 max stake. I suppose I could buy it multiple times if allowed, but seems very low?

No reason for picking them specifically. Just opinion. Been looking into buying shares for a long time as the times I wanted to in the past I would have made a lot. But I don't like putting money up unless I understand it fully and I know I don't.

I'm surprised there isn't an idiot proof basic site just to buy/sell shares without all the 'market cap, free float, hedging' terms options, different forms of commissions, prices etc. It all seems needlessly overly complicated unless your qualified in it.

Anyway, thanks for the help.

Value Hunter

gutteruu wrote: »

Sorry for another of these threads, but I want to buy 4-5k worth of shares. I want to throw about €2k into Bank of Ireland and 1500 each on netflix and tesla.

First question is, is there any point buying 5 or 6 shares in companies like tesla or netflix or is the amount just to small ?

Second question is where to buy. Probably only buy/sell every few months or so depending, so don't need a daily trading jobby. The one with the least hassle to set up would be preferable also.

Edit: One quick more question. Is there a way of betting against a rise/for a drop in share price, similar to betting exchanges.

Thanks.

I'd be hard pressed to find a riskier portfolio. I hope your mentally prepared for potentially losing the majority of your money

gordongekko

gutteruu wrote: »

Had a look at marketspreads (shelbournemarkets?) and the dummy account only allows €500 max stake. I suppose I could buy it multiple times if allowed, but seems very low?.

that €500 is probably per point not per bet. With spread betting you can lose more than you invest.

gordongekko

gutteruu wrote: »

I'm surprised there isn't an idiot proof basic site just to buy/sell shares without all the 'market cap, free float, hedging' terms options, different forms of commissions, prices etc. It all seems needlessly overly complicated unless your qualified in it.

Anyway, thanks for the help.

Most stockbrokers offer this service. But if you want to invest and hopefully not lose money you need to have a basic understanding of these terms. Its like buying a mobile you may never use the camera but will still check to see how many megapixels it has.

gutteruu

I'm not totally green to the terms, but I just like to be aware of every single thing before I invest. I'm just being finicky. They are very risking alright, but reckon there is money to be made over the next 6-12 months.

Thanks again for the help

simongurnick

Investopedia is a good starting point if you are looking for definition of terms etc.
If you want to make profit from a drop in a stocks price you could trade options (buy puts or sell calls). They carry risk though so be sure you know what you are doing before you drop cash into and as the posters says above, be sure this is money you can afford to lose.

arrowloopboy

gordongekko wrote: »

that €500 is probably per point not per bet. With spread betting you can lose more than you invest.

Not true,you can pay a little more spread for a guaranteed stop loss.

gordongekko

arrowloopboy wrote: »

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Not true,you can pay a little more spread for a guaranteed stop loss.

what's not true?

tommylimerick

funny thing about cmc markets is that if your account goes negative you can still trade in minus money
woops hope i am not helping the ****ers

Sonnenblumen

gordongekko wrote: »

Most stockbrokers offer this service. But if you want to invest and hopefully not lose money you need to have a basic understanding of these terms. Its like buying a mobile you may never use the camera but will still check to see how many megapixels it has.

Quite common, people are influenced by specs, look at cars, TV's, etc. Product capability is always far greater than user's actual day to day needs or requirements.;)

arrowloopboy

gordongekko wrote: »

what's not true?

The bit I highlighted in your post.With a g/sl you cant lose more than you deposit,to trade with a g/sl ,if you don't have the margin you can't trade.

arrowloopboy

tommylimerick wrote: »

funny thing about cmc markets is that if your account goes negative you can still trade in minus money
woops hope i am not helping the ****ers

They looked at your other open positions,and probably seen you as a safe bet,before starting to forcefully close out positions on you.
If you were a forex headbanger,you probably wouldn't be extended a line of credit.

gordongekko

arrowloopboy wrote: »

The bit I highlighted in your post.With a g/sl you cant lose more than you deposit,to trade with a g/sl ,if you don't have the margin you can't trade.

so without taken pacific actions when spread betting you can lose more than your initial investment! I fail to see the bit you claim that's not true. I was only trying to help out someone with a question, im lost as to the point of your unhelpful answer???.