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  • FIRST POST
    • 28052005
    • By 28052005 2nd Oct 17, 3:17 PM
    • 2Posts
    • 0Thanks
    28052005
    Cheapest platform to buy shares of a certain company and just leave them-passive
    • #1
    • 2nd Oct 17, 3:17 PM
    Cheapest platform to buy shares of a certain company and just leave them-passive 2nd Oct 17 at 3:17 PM
    Hi

    I have a few k (4-5) that I would like to use to buy shares of a certain company and leave it for the next 18-24 months. Given the fees of various platforms which one would be the cheapest to use?
Page 1
    • Glen Clark
    • By Glen Clark 2nd Oct 17, 5:41 PM
    • 3,842 Posts
    • 2,808 Thanks
    Glen Clark
    • #2
    • 2nd Oct 17, 5:41 PM
    • #2
    • 2nd Oct 17, 5:41 PM
    See Best Buy page of the website you are on - link
    “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair
    • colsten
    • By colsten 2nd Oct 17, 6:27 PM
    • 8,755 Posts
    • 7,418 Thanks
    colsten
    • #3
    • 2nd Oct 17, 6:27 PM
    • #3
    • 2nd Oct 17, 6:27 PM
    I would use Monevator to find the best broker http://monevator.com/compare-uk-cheapest-online-brokers/. I also wouldn't buy shares but would use funds instead.
    • lpgm
    • By lpgm 2nd Oct 17, 6:37 PM
    • 199 Posts
    • 97 Thanks
    lpgm
    • #4
    • 2nd Oct 17, 6:37 PM
    • #4
    • 2nd Oct 17, 6:37 PM
    Cheapest platform to buy shares of a certain company and just leave them-passive
    Originally posted by 28052005
    Just so you know, buying shares in one particular company isn't, in investment speak, 'passive'.
    • snowqueen555
    • By snowqueen555 2nd Oct 17, 11:10 PM
    • 690 Posts
    • 492 Thanks
    snowqueen555
    • #5
    • 2nd Oct 17, 11:10 PM
    • #5
    • 2nd Oct 17, 11:10 PM
    degiro is very cheap, you will find it hard to beat.
    • Majestic12
    • By Majestic12 8th Oct 17, 9:25 PM
    • 137 Posts
    • 55 Thanks
    Majestic12
    • #6
    • 8th Oct 17, 9:25 PM
    • #6
    • 8th Oct 17, 9:25 PM
    Just for shares:

    x-o

    £5.95 per trade.
    • bigadaj
    • By bigadaj 9th Oct 17, 1:54 AM
    • 10,357 Posts
    • 6,648 Thanks
    bigadaj
    • #7
    • 9th Oct 17, 1:54 AM
    • #7
    • 9th Oct 17, 1:54 AM
    degiro is very cheap, you will find it hard to beat.
    Originally posted by snowqueen555
    Not uk regulated though?
    • Tom99
    • By Tom99 9th Oct 17, 2:46 AM
    • 282 Posts
    • 138 Thanks
    Tom99
    • #8
    • 9th Oct 17, 2:46 AM
    • #8
    • 9th Oct 17, 2:46 AM
    Halifax, then use regular trader to do a one off purchase for £2. No admin or holding fee if outside an ISA.
    • george4064
    • By george4064 9th Oct 17, 7:52 AM
    • 846 Posts
    • 899 Thanks
    george4064
    • #9
    • 9th Oct 17, 7:52 AM
    • #9
    • 9th Oct 17, 7:52 AM
    I would use Monevator to find the best broker http://monevator.com/compare-uk-cheapest-online-brokers/. I also wouldn't buy shares but would use funds instead.
    Originally posted by colsten
    What he said.
    "If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes” Warren Buffett

    Save £12k in 2016 - #045 £10,358.81/£12,000 (86%)
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    • jimjames
    • By jimjames 9th Oct 17, 12:18 PM
    • 12,105 Posts
    • 10,561 Thanks
    jimjames
    Hi

    I have a few k (4-5) that I would like to use to buy shares of a certain company and leave it for the next 18-24 months. Given the fees of various platforms which one would be the cheapest to use?
    Originally posted by 28052005
    Aside from the previous comments 18-24 months isn't a very long time to hold investments, you should normally be looking at 5-10 years. Also companies might need a bit more monitoring to consider any issues - examples would be Provident or Tesco recently.

    But I use iWeb and at £5 per trade you can't really get much cheaper.
    Remember the saying: if it looks too good to be true it almost certainly is.
    • Eco Miser
    • By Eco Miser 9th Oct 17, 12:27 PM
    • 3,091 Posts
    • 2,857 Thanks
    Eco Miser
    But I use iWeb and at £5 per trade you can't really get much cheaper.
    Originally posted by jimjames
    Except the OP apparently only want to make a single buy and a single sell, in which case the £25 to join Iweb far exceeds the £1.90 x-o's transaction fees exceed iweb's.
    Eco Miser
    Saving money for well over half a century
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