Now is the Time!

Tayus

Hi People,

I've been pondering getting involved with shares for the last few months and luckily through the forums advice I avoided a disaster (was going to buy RBS shares!).

Now is the time for me to start investing but in your opinion what kind of shares should I buy and how should I proportion out my investing eg 25% in utilities 25% Banking Sector etc.

Reaper

Buying individual shares is risky and expensive. It will cost you £10-15 each time you buy and sell. If you try to diversify to spread risk (as you should) that adds up.

Have you considered funds instead? It's a much cheaper way of buying hundreds of shares. You can still pick sectors if you want (banking, utilities etc) regions (UK, Asia etc) or pretty much anything else you can think of. Or EFTs even. Buy through a discount broker to keep the cost low.

I may have got this wrong and appologies if I have but from your post you come across as somebody looking to dabble in investments for the first time. If so I wouldn't really advise buying individual shares as a good starting place unless you are prepared to do a lot of homework.

purch

what kind of shares should I buy

One's that you have researched well, and that you have good reasons (of your own) for buying.

tradetime

Now is the time for me to start investing but in your opinion what kind of shares should I buy and how should I proportion out my investing eg 25% in utilities 25% Banking Sector etc.

My suggestion, fwiw is do some reading on basic investing, to get some idea of what it is all about and what you want to achieve. How much capital you have to invest will possibly have quite a bearing on the type of products you should look into. If you are going to manage your own investments you really need to develop an interest in investing, it's not something to rush into, unless you have more money than you know what to do with. What kind of shares we on here think you should invest in should be of little importance to you, but when you have some idea of your own what you want to look at, and reasoning then it can be a useful place to bounce ideas off people.