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Stupid to use BOI to buy shares for me?

  • 04-03-2015 3:42pm
    #1
    JohnPPP
    Registered Users, Registered Users 2 Posts: 94 ✭✭


    I've a decent bit of money saved up and just sitting in my current account/savings account earning me, well, nothing really.

    Been like this for a few years and decided I really need to invest it rather than leaving it sit there doing nothing and actually going down in value with what's being going on lately with the euro.

    Anyway. I want to buy shares in a company that's up on the Irish stock exchange but would i be mad to do this through BOI? Pretty sure you can do it through BOI anyway.


Comments

  • #2
    euroboom13
    Registered Users, Registered Users 2 Posts: 650 ✭✭✭euroboom13


    JohnPPP wrote: »
    I've a decent bit of money saved up and just sitting in my current account/savings account earning me, well, nothing really.

    Been like this for a few years and decided I really need to invest it rather than leaving it sit there doing nothing and actually going down in value with what's being going on lately with the euro.

    Anyway. I want to buy shares in a company that's up on the Irish stock exchange but would i be mad to do this through BOI? Pretty sure you can do it through BOI anyway.

    Banks are no longer acting as agents for stockbrokers, you may have to look elsewhere.(as of September 2014)


  • #3
    boardzz
    Registered Users, Registered Users 2 Posts: 863 ✭✭✭boardzz


    You can buy using AIB online banking. Bank of Ireland do not deal shares anymore.


  • #4
    happy_knome
    Banned (with Prison Access) Posts: 54 ✭✭happy_knome


    JohnPPP wrote: »
    I've a decent bit of money saved up and just sitting in my current account/savings account earning me, well, nothing really.

    Been like this for a few years and decided I really need to invest it rather than leaving it sit there doing nothing and actually going down in value with what's being going on lately with the euro.

    Anyway. I want to buy shares in a company that's up on the Irish stock exchange but would i be mad to do this through BOI? Pretty sure you can do it through BOI anyway.

    do you think its wise to invest in a single company ?

    for those who are inexperienced , a broad based fund offers more spread of risk


  • #5
    Nino Brown
    Closed Accounts Posts: 1,507 ✭✭✭Nino Brown


    JohnPPP wrote: »
    I've a decent bit of money saved up and just sitting in my current account/savings account earning me, well, nothing really.

    Been like this for a few years and decided I really need to invest it rather than leaving it sit there doing nothing and actually going down in value with what's being going on lately with the euro.

    Anyway. I want to buy shares in a company that's up on the Irish stock exchange but would i be mad to do this through BOI? Pretty sure you can do it through BOI anyway.

    You really need to know what your doing investing in stocks, no offence but it doesn't sound like you do, maybe consider investing a fund like those offered by Rabobank for example at first. Then monitor the fund, and get a feel for how things work before you start investing yourself.

    https://www.rabodirect.ie/investments/investment-tools/fund-range.aspx


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