davcohen
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Registered: 1st Nov 03
Location: North London
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was wondering whether anyone on here plays the stocks and shares, after recently finding out just how bad my Isa rate is i was playing with the idea of taking some money out and expanding it that way.
Not sure how much of a good indication it is but placed a mental note on a few companies recently and when i check the paper 70% of them have gone up
Never known exactly how it all works but leaving my money in an Isa all year long is not making me anything any info would be great
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JJ
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Registered: 20th Apr 00
Location: Northern Ireland
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First thing to do would be to open a broker account so you can trade stock, I use TDwaterhouse personally, Next, Study the companys you wish to invest in, With tyhe financial markets being in the state they are at the moment a lot of stock is down and companys are starting to see recovery so its a great time to get investing and make huge gains very fast. I have made a killing in the last month just by being lucky on this lot - barc.l, aib and vlnc
Banks are great to watch at the mo with many stock values doubling and tripling in a 4 week period. Have fun, Invest time in researching the companys and watch your investments like a hawk lol Its great fun when your winning but its terrible watching your stock fall. Cant win them all though.
I lost over 3k on my first investment but I learnt from that and have generated a nice income every year since 2006 on stock
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Colin
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Registered: 4th Apr 02
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Youve got a cash Isa Im guessing? Why not switch it for a stocks & shares Isa? Less risk than going it alone!!
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James
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Registered: 1st Jun 02
Location: Surrey
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quote: Originally posted by Colin
Youve got a cash Isa Im guessing? Why not switch it for a stocks & shares Isa? Less risk than going it alone!!
Also less return.
They only invest your money in "safe" assets, therefore the with a small investment, don't expect huge returns.
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Daimo B
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Registered: 20th Mar 00
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I'll be watching this post with interest if theres any financial guru's wishing to offer more advice.
I've got some funds and i'd liek to dabble with a bit just to see if I can make anything.
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James
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Registered: 1st Jun 02
Location: Surrey
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Invest in Bank of America.
I told everyone this ages ago and since then they have over doubled.
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willay
Moderator Organiser: South East, National Events Premium Member
Registered: 10th Nov 02
Location: Roydon, Essex
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Still think its abit risky right now, but hey thats how you make the biggest gains!
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James
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Registered: 1st Jun 02
Location: Surrey
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Although you've probably missed that boat now.
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Blade_sri
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Registered: 23rd Apr 03
Location: Pop
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http://trading.tdwaterhouse.co.uk/
what if you have a spare tenner and just want to put itin to shares?
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willay
Moderator Organiser: South East, National Events Premium Member
Registered: 10th Nov 02
Location: Roydon, Essex
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james - which boat are we talking about, the bank of america?
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James
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Registered: 1st Jun 02
Location: Surrey
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quote: Originally posted by willay
james - which boat are we talking about, the bank of america?
Yeh I was responding to my own post but you got in there before me
The shares have gone right up to $7.50 from a low of under $3. Can't see them going up huge amounts more any time soon.
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Doug
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Registered: 8th Oct 03
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So say I wanted to have a dabble with £25.
What would be my best way of going about it?
I know forensics, I dont know stock trading
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willay
Moderator Organiser: South East, National Events Premium Member
Registered: 10th Nov 02
Location: Roydon, Essex
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keeping it in your pocket.
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Edd
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Registered: 8th Nov 04
Location: Glasgow
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be aswell going down the bookies the way things are tbh
quote it for truth bitches
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1_Litre_Porsche_Beater
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Registered: 9th Apr 02
Location: Kent
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My mates older brother used to dabble in his spare time, was up £75k at one point and lost it all. He learnt from his mistake and managed to plant a job in London which he stuck at for 1 year doing it and is now out in Omen advising mega rich people what to do with there money and making commision on top, its something i'd like to get into as i like the risk factor.
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James
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Registered: 1st Jun 02
Location: Surrey
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I can't do it on my own because of a conflict of interests
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VegasPhil
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Registered: 16th Jan 05
Location: Fareham, Hants Drives: Octavia VRS
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Did well on Lloyds shares last week
Corsa 2.0 16v Vegas - Sold
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davcohen
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Registered: 1st Nov 03
Location: North London
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Ok so if i use the company suggested TDwaterhouse and i invest in Hsbc for instant at £1.00 a share (£1ks worth) can i watch them going up and down then sell if i saw the share price go upto £1.50 basically earning me a cool £500
I know i can win aswel as loose but that can be said about anything and im willing to give it a go to see how it all works
having watched Next in the recent 1-2 weeks the share price has gone up alot so any tips on getting started, or do i just apply with TDwaterhouse and everything is pretty much straight forward?
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Robbo
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Registered: 6th Aug 02
Location: London
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FARRRRRRRRRRRRRRRR too risky if you dont know what you are doing
If you do then as said, some big gains to be made (BoA, Barclays etc all doubled/trebled in less than a month) but i would NOT invest your savings at this poitn in time if you dont knwo waht you are doing (which, no offence but if myour asking for a bunch of corsa lovers for advice im guessing you dont)
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JJ
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Registered: 20th Apr 00
Location: Northern Ireland
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LOL go Robbo
Fortunatly I do know what im doing
I think
[Edited on 09-04-2009 by JJ]
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JJ
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Registered: 20th Apr 00
Location: Northern Ireland
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Also if you have any tips Robbo fire them this way...
Watch VLNC
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davcohen
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Registered: 1st Nov 03
Location: North London
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well the only people who have responded are people who know what they are talking about, such as yourself
I have to start somewhere and im sure ill catch on soon enough i know its not going to be easy but nothing every is when you first start
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Robbo
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Registered: 6th Aug 02
Location: London
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JJ indeed mate no tips im afraid!
dav, start small, like a few shares here and there to feel your way, dont put too much money in until you know what you are doign and good luck
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Andrew
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Registered: 5th May 04
Location: Skoda Octavia Estate, Ford Puma
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I've stuck my cash ISA in a 3% fixed rate ISA this year. Think it's the safest option at the minute.
Although, i got £77 more intrest than i was expecting for last year.
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Colin
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Registered: 4th Apr 02
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Spend your money....boost the economy, savings for looosers
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