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Need advice on investing in penny stocks on Degiro

stockshares · 2018-05-16 10:08:10

I want to invest in EVRH, TAW, EVE and Hive. I have free Transactions for the next 80 days due to a Degiro promotion. Evrh and Eve are Gbx stocks on the Lse. TAW and Hive are on the Frankfurt exchange. Frankfurt fees are 7.50euro and Lse fees are 4euro. Should I invest a regular amount weekly/monthly in order to dollar…

16-05-2018 10:08am

#1

stockshares

Registered Users, Registered Users 2 Posts: 2,758 ✭✭✭

Join Date: April 2018

Posts: 2640

I want to invest in EVRH, TAW, EVE and Hive. I have free Transactions for the next 80 days due to a Degiro promotion.

Evrh and Eve are Gbx stocks on the Lse.
TAW and Hive are on the Frankfurt exchange.

Frankfurt fees are 7.50euro and Lse fees are 4euro.

Should I invest a regular amount weekly/monthly in order to dollar average or invest a lump sum in order to counteract the effect of fees over the long term when offer expires.

I was thinking of setting up a weekly standing order of 50-100euro to my degiro account and investing this weekly between the stocks above to dollar average but I think the fees will eat into any profits when selling or when investing after offer expires.

Can anyone advise what's the best way to proceed.

Thank you

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