Hello This is probably not the best place to be asking about the stock market but i thought i would give it a go and see what you clever people know about the stock market and maybe you can help me out. I am considering investing into shares i have never bought or sold shares before and wanted to know wheres the best place to buy the shares from e.g Bank/Broker or Online? -I have been reading that at the moment the best shares to invest in are mining shares. Is that true and should i invest in mining shares? - Does anyone have any tips/hints on where i should invest my money. Thank You
There is different ways of doing it but hoodless brennan is probably your best bet. They have upped the prices a bit and you now need to pay £5 a quarter ( i think its a quarter) if you dont buy or sell anything in that period. I think its £8 a transaction. There are cheaper places but they get your money somehow... overall hoodless brennan is pretty well the cheapest. Hoodless Brennan plc - Homepage
Stock markets are pretty hard to judge but sticking your money in things like mining or finance are generally safer (Northern Rock excluded) though the fluctuations in the markets aren't as rapid. Going through a broker does make the process easier although naturally they take a percentage. Im currently investing in tobbacco (controvertial), The initial shares are pretty pricey but with new emerging markets in China and the far east i hope to see a good return. So come on everyone, get smoking!!!!
If this is your first time investing on the stock market it might be an idea to avoid individual shares and build up your portfolio with more solid investments. The most risky investment on the stock market is a single share so maybe look to invest in sectors or products like trackers. Maybe they're not as racey as individual shares but they'll provide the foundations for your investment strategy. On a personal note, I'm not liking what I'm hearing at the moment concerning the markets and have been looking to get my money out for the last month / six weeks. Its never a good sign when the price of gold rises like it has done so I'm looking for some cash products...nice and safe
You could also maybe get a maxi or mini isa. Tax free savings. Maxi up to £7000 saved in one year and a mix of shares & cash Mini isa up to £3000 in one year cash only. The returns aren't amazing though. i currently have a mini isa through 'National Savings & Investments' which at 6.3% is the best deal currently for the mini isa market. However if you want to get a further insight into shares and the stockmarket then the 'Martin Lewis' site is a good place to start. Shares: The cheapest way to buy, sell and hold...
