The Wholesale Forums

[MacLover]

£250, not very much but you should buy and hold then sell when you think they have made quite a bit.

Alistair D that is a great site going to check it out, might stop me f***ing up infuture

[Phil99]

Bit late now but in my opinion you should not invest in the stock market atm unless you know what you are doing, the market is too volatile. However if you know what you are doing now is the best time to invest because you can make big bucks quickly.

[uhafmail]

You should not consider buying shares unless your buying £500 or more IMO.

If you bought just £50 then you will have probably around £16.00 worth of Fees - Stockbrokers fee and Stamp Duty, that means your shares have to increase by more than 30% before you even break even which is quite a large move.

As many people have said, the stockmarket at the moment is very volatile, i am trading in a particular stock that has had fluctuations of 60% in a day so although this volatility could create some great value stock it may also lose you a lot of money and quickly.

Also btw, you have to be 18 to trade in stocks so it would have to be done in your parents name which may cause a problem if they own any stocks - Capital Gains Allowance.

[alistair d]

Originally Posted by MacLover

£250, not very much but you should buy and hold then sell when you think they have made quite a bit.

Alistair D that is a great site going to check it out, might stop me f***ing up infuture

Yeah i just started this year on that wesite and it is really good since i knew nothing about the stockmarket beforehand. not bought any in a while though

[Popcorn]

Originally Posted by uhafmail

You should not consider buying shares unless your buying £500 or more IMO.

If you bought just £50 then you will have probably around £16.00 worth of Fees - Stockbrokers fee and Stamp Duty, that means your shares have to increase by more than 30% before you even break even which is quite a large move.

As many people have said, the stockmarket at the moment is very volatile, i am trading in a particular stock that has had fluctuations of 60% in a day so although this volatility could create some great value stock it may also lose you a lot of money and quickly.

Also btw, you have to be 18 to trade in stocks so it would have to be done in your parents name which may cause a problem if they own any stocks - Capital Gains Allowance.

Crud... My dad had 23k in Shares and my mum has about 499£ Since she got them signed to her from a friend who brought them for pennies like then 2 years l8ter the company went up like 5000x

[greedyboy]

Get a few mates together and do a 'share club'. Make a few quid and lose a few quid. Good laugh though and a bit of fun. Plus after a few years it gives you good knowledge or 'form'.

[Costaconsoles]

First thing you should do is play make believe. Do you know how the market works? Market is all over the place at the moment but with the restructure of the "bail out" being agreed things could be a little brighter on Monday even though down slightly today but thats expected.

Yes you can make money on shares, lots.....but of course its a risk and yes knowing what you are doing or having some experience is useful. Oil companies can be profitable but you have to look at where they are too many world events can have an inpact on an oil companies price and alot of them drill in countries a little unstable or have neighbours that are.

[uhafmail]

Originally Posted by Popcorn

Crud... My dad had 23k in Shares and my mum has about 499£ Since she got them signed to her from a friend who brought them for pennies like then 2 years l8ter the company went up like 5000x

Well it does not make to omuch of a difference because if you are only investing a small amount any profit is likey to be small. And it would only make a difference if your dad sold his shares in the same year you did.

[studio1one]

lots to be made lots to be lost.

I've made more over the last month than ever (although the shorting ban on banks screwed me a little)

shorted the /NYSE on Friday and closed it after the bill failed for a more than triple my money profit.

[uhafmail]

i hate shorters.