How do you buy shares?

Daragh101 · 10-06-2009 06:41PM

if you hold a share cert for your shares, sharewatch can sell them at any time without your cert!!!!
when you have sold the shares you then send the cert to them via post.
you dont need an account with them either.

boylers · 11-06-2009 10:56PM

hey i'm just wondering what broker lets u deal with commodities and which guys have the widest range of shares etc to choose from. Does davy's let u buy and sell stocks from the likes of brazil etc and if not which guys do and whats there charges? Any takers for ths one. I want to get into the buying and selling of these shares and have a few ideas for stocks in different countries.

silverpaddy · 12-06-2009 08:01AM

you could gain exposure to these markets by buying a etf/etc, which will track the performance of the market or commodity, i dont know of a cheap way other than that, most brokers will not offer good rates on dealing on those markets as their costs of dealing them based on exchange fees etc will be higher.....
look up www.ishares.com to start with......

mervuedude · 12-06-2009 03:57PM

Sorry guys, I didn't make it very clear in my original post - "I bought the shares at 73 cents and sold at 69.6 cents". That misleading quote was actually the exchange rate I paid at the time of both transactions. The share price went from $17.04 to $19.80, that's where I made the profit. Sorry for causing confusion.

podge82 · 03-07-2009 10:46PM

sharewatch, don't look any further, lowest commission rates, .4 % via phone and .3 % online. Capped at 15k€ at any one time

Warper · 08-09-2009 09:42PM

Just a query on selling shares. I bought some BOI shares a while through Sharewatch and have the share cert. Just wondering say if Sharewatch closed how would i sell the shares or how would i receive dividends?

Daragh101 · 08-09-2009 09:54PM

Warper wrote: »

Just a query on selling shares. I bought some BOI shares a while through Sharewatch and have the share cert. Just wondering say if Sharewatch closed how would i sell the shares or how would i receive dividends?

ya can just ring them up and sell!

Warper · 09-09-2009 12:01PM

Daragh101 wrote: »

ya can just ring them up and sell!

No I mean say if Sharewatch went bust or something. Would I have to set up an account with a stock broker and sell them though him? Also if BOI start paying out dividends (i know they wont for a no. of years) will they automatically be sent to my home address or how does it work?

Daragh101 · 09-09-2009 04:47PM

Warper wrote: »

No I mean say if Sharewatch went bust or something. Would I have to set up an account with a stock broker and sell them though him? Also if BOI start paying out dividends (i know they wont for a no. of years) will they automatically be sent to my home address or how does it work?

not sure tbh!..sorry.

k974 · 11-09-2009 11:07AM

hi i live in australia i'm originally from ireland but am now a dual irish & australian citizen, what is the best option for me for buy irish shares online, i've had a look at sharewatch is it only for irish residents? i use commsec for my australian shares.

thanks

SD1990 · 15-09-2009 03:08AM

hi also interested in buying shares at the moment..not sure exactly where at the moment.. Regarding sharewatch, ive read here they have the lowest commision rates but what happens with capital gains tax in this case? Also as someone said above what would happen if they went under? Thanks !

Buffy the bitch · 15-09-2009 06:54AM

SD1990 wrote: »

hi also interested in buying shares at the moment..not sure exactly where at the moment.. Regarding sharewatch, ive read here they have the lowest commision rates but what happens with capital gains tax in this case? Also as someone said above what would happen if they went under? Thanks !

If you buy on the phone they send you out a sheet stating what you bought so if they went under wouldn't affect you.

Bytheway · 20-09-2009 10:19PM

I dealt with Davys first . They are very expensive. I now deal with Etrade. Trades cost me £11 and £9 after 5 trades per month. The BIG problem with them is that you cant have a Stop Loss or buy shares below the 5%-10% spread. This is highly annoying andthese simple procedures were meant to be in place since May 09. They aren't very efficient either as it took a long time to transfer lines of trade to them and weeks for me to be able to see the details of the stock I transferred. So if you can find another broker that has cheap trades than I would go for them.I trade only in FTSE shares bytheway.

the lil man · 25-09-2009 02:00PM

Hi,
just wondering would it be worth buying 50 shares in the bank of ireland and if so where would i buy them. I would like to buy them but is it worth only buying 50

Daragh101 · 25-09-2009 06:04PM

the lil man wrote: »

Hi,
just wondering would it be worth buying 50 shares in the bank of ireland and if so where would i buy them. I would like to buy them but is it worth only buying 50

well you would be paying about 50euro to buy and 50euro to sell, so simply no!
Tbh i think you missed the boat with the banks, imo its too late and risky to invest in irish banks atm!

Jaafa · 30-09-2009 10:01PM

Not if your in it for the long run ie 5 years

Bytheway · 01-10-2009 12:01AM

It is a waste of time and money investing in that amount of shares in BOI right now.
I guessing that you are choosing BOI as you don't know any other share to invest in.
If you were to choose a share that has a decent chance of going 500% to 800% in the next 3 -5 years I would say go for it but BOI won't. There are many shares that could well do that but not BOI.
I got 500% within 6 months and 100% in different shares in less time but I worked hard to get the info to come to the conclusion to invest in them. Amount of research you do more or less can = reward. Of course there is alway risk but there is risk in everything.
Best of luck with your decision

schumacher · 02-10-2009 01:16AM

Hi I have been looking at the sharewatch website. I want to start buying and selling shares and was wondering how quick shares are bought and sold .i.e if I look up the shares prices and they are 1 euro will I have them bought before the price changes if I do it online with Sharewatch?

If I want to trade with Sharewatch i pay 50 euro and then .3 or .4 % comission every time i buy and sell shares. Is there other hidden costs I cant see? Thanks

Bytheway · 02-10-2009 08:57AM

Have a look Afren and San Leon Energy. Afren would be considered lower risk and San Leon would be a high risk play but I believe they both will return you higher rewards than BOI in the short therm (6 months)
(explorers and new technologies would be be considered to be a lot more riskier than your blue chip companies ie FTSE100 but have the possibility to grow far more)

the lil man wrote: »

Hi,
just wondering would it be worth buying 50 shares in the bank of ireland and if so where would i buy them. I would like to buy them but is it worth only buying 50

golfdiva · 03-11-2009 03:23PM

What do ye reckon of the AIB online service , does anyone use it ? Their commision seems resonable?

Daragh101 · 03-11-2009 07:18PM

golfdiva wrote: »

What do ye reckon of the AIB online service , does anyone use it ? Their commision seems resonable?

very very bad price wise!!...Sharewatch is much cheaper!

AIR-AUSSIE · 05-11-2009 12:38AM

http://www.kaching.com

Might be something to look into. I play around with a virtual portfolio there to if i'm any good at predicting.

Running Bing · 11-11-2009 06:23PM

Im just in the process now of comparing the firms and the fee's seem pretty steep.

I mean Id be only looking to invest about 2k but it seems its hardly worth my while with the fees that are charged. I was also hoping to add a few hundred a month to my investment but with the fee's this would be impossible.

Does anybody invest with such small amounts or do you really need lots of capital to make it worth while?

Daragh101 · 11-11-2009 07:40PM

Running Bing wrote: »

Im just in the process now of comparing the firms and the fee's seem pretty steep.

I mean Id be only looking to invest about 2k but it seems its hardly worth my while with the fees that are charged. I was also hoping to add a few hundred a month to my investment but with the fee's this would be impossible.

Does anybody invest with such small amounts or do you really need lots of capital to make it worth while?

ya i usually invest under 2k a go.....
From my experiance the best thing to do is use sharewatches small traders account.....
Each transaction has a charge of €50......there are no other charges. No account fees, no percentage commission, just €50....

I am also looking into TDwaterhouse......For them i think its €60 account fees per year, and i think its €20 atrade from there....(not sure about that though)

sharenavigator · 11-11-2009 08:05PM

In answer to your question a lot of people do invest with these small amounts. In fact you are better of starting with a small amount and make your mistakes. There is a lot to learn and you dont want to make a mistake with your pension on the line. Then as you perfect your skills and techniques you can add to your porfolio value.

I hope that helps.

Aidan.

Stevebyrne · 18-11-2009 10:26AM

The tax is putting me off bying and selling my shares...

Do you pay the tax after you sell or do you make it up at the end year.
When is the dead line.
Do I need to get a form from the tax office to fill in.

These are just some questions I need help with.

Thanks...

blackrovers · 22-11-2009 08:24PM

Hi i'm lookin to go investing in stocks in the developing countries but don't know where to start or how to maybe do it online. I don't want to invest in funds etc that deal with specific sectors like developin countries, commodity etc. I just want to put X amount in X company in places like india, brazil etc. Plus i know about davys online system but they mainly deal with irish stocks and some of the big companies in America, is there many some online investin crowd that allow you to invest further a field.

Cheers for any advice and help

RMDrive · 24-11-2009 06:18PM

I have some work shares coming into my posession in the next few weeks. I want to keep them for the med/long term but I need to have an account that they can be transferred into.
As I will not be carrying out many (any!) transactions, I'm thinking that an account with the lowest annual fee would be best.
Has anyone any comment on using Redmayne-Bentley in Cork? They do not have an annual fee for nominee accounts so I presume that would mean my day to day costs would be zero until I decide to buy/sell.
I'm a bit worried about the risk of the company going under however as I understand that would put the value of my nominee account at risk.

Any advice appreciated!

clarecoco · 03-12-2009 04:12PM

easyontheeye wrote: »

www.sharewatch.com its practically free, its regulated and its irish!

I am with National Irish Bank (NIB) and like Sharewatch it is not Irish. NIB is ideal if you are not a regular trader but do transactions from time to time. There's a minimum charge for each transaction:

20 euro minimum per trade (.75% commission)
You can specify the max you are willing to pay when placing the order in case the price shoots up and the lowest price you’ll sell your shares at.
When you have free banking with NIB there are no annual fees for holding your shares
You can access your on-line account to check the current price of your portfolio of shares and look at your trading history.

　
I previously did some transaction with Sharewatch - the trading fee was similar but they charge 60 Euro per year for the account. With NIB I do not have that annual charge.

clarecoco · 03-12-2009 04:51PM

Stevebyrne wrote: »

The tax is putting me off bying and selling my shares...

Do you pay the tax after you sell or do you make it up at the end year.
When is the dead line.
Do I need to get a form from the tax office to fill in.

These are just some questions I need help with.

Thanks...

Capital Gains Tax (CGT) is a tax on capital gains arising on the disposal of assets owned by you. The chargeable capital gain is got by deducting the price you paid for an asset when you acquired it from the sale proceeds of when you dispose of it.
Example
You purchase shares in January 2008 at a cost of €5,000 and sell them in May 2009 for €8,000. Assume you have no other capital gains, losses or allowable expenditure:
Disposal proceeds = €8,000
Cost price = €5,000
Chargeable Gain = €3,000 (the tax liability is on this figure)
Deduct:
Personal exemption = €1270
Net Chargeable Gain now = €1,730
CGT tax Chargeable = 25%
Capital Gains Tax due = €432.50

Note.
1) In calculating the amount of tax payable, deductions are allowable for incidental costs of acquisition, such as fees, stamp duty etc. and incidental costs of disposal .
2) If shares are in joint names (e.g. married couple) Each can have the personal exemption (€1270 X 2 = €2540) deducted from the chargeable gain for that year.
　
CGT payment dates
The tax year is divided into two periods for payment purposes. For 2009 and subsequent years these are as follows:

'initial period' - 1 January to 30 November
later period' - 1 December to 31 December

The tax arising in respect of gains in the 'initial period' (Jan - Nov) must be paid on or before the 15 December in the same year and the tax due on gains in the 'later period' is payable on or or before 31 January following the end of the year of assessment

How do you buy shares?

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