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Buying index shares

  • 04-01-2018 07:58PM
    #1
    fungie
    Registered Users, Registered Users 2 Posts: 700 ✭✭✭


    I'm a complete noob to investing, but I find it interesting and have a strong analytic background so could learn v quickly. I'd like to invest in something relatively safe at first, perhaps low cost index shares.

    How do I go about this?
    Tagged:


Comments

  • #2
    topper_harley2
    Registered Users, Registered Users 2 Posts: 537 ✭✭✭topper_harley2


    Hi,
    I don't think "index shares" is a term that actually means anything. I assume you mean units in an index fund(s).

    Doing a thorough search on this forum on index funds and ETFs would be a start. There's a hundred threads identical to this "how I buy index funds".

    Degiro would be another good search term. They are low cost broker to buy ETFs. You can't buy index funds directly in Ireland. ETFs are as close as you can get.

    PS index funds are not "safe"as they go up and down based on underlying holdings. Granted they are less volatile than individual shares but they still come with "you lose money" warnings.


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