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Thread: Investing in Stocks and Shares

  1. #1
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    Default Investing in Stocks and Shares

    With share prices so low, i was wondering how many of us are 'newly' investing in the stock market now? Especially in the banking sector where share prices are temptingly low.

    I've never bought any shares (and dont know the first thing about it) but was thinking that it might now be a viable (and prudent) option as a 3-5 year investment.

    Any thoughts/advice?

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    Regular Member steve1975l's Avatar
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    Get a share dealing account, I use Iweb.

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    Regular Member simon5800's Avatar
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    yea, tread carefully, i have done it in the past and saw about 20-30% profit on them but that was while i had a free trading offer. otherwise your looking at £10 a trade min, prob £15, then a yearly fee, about £20, its ok as long as your making money but have just lost some on a business but keeping them. as long as your making enough to cover the cost from the dividends then you will be ok. generally buying at the low time as it is now is good and then hopfully in 5 years time it will be getting better as it was. remember to cash out before the next reccession etc. as anything nothing can be gaurenteed

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    Regular Member m8internet's Avatar
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    I am about to sell a vast quantity of government and treasury stock which has been stagnant over the last ten years due to high interest rates
    They are still creeping up though and so am watching them daily now

    I already have a reasonable portfolio of shares, but its not as large as it was many years ago
    I converted about half of it into unit trusts to reduce the risk out

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