We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Now is the Time!

Options
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.
Aoccdrnig to a rscheearch at an Elingsh uinervtisy, it deosn't mttaer in waht oredr the ltteers in a wrod are, the olny iprmoetnt tihng is taht frist and lsat ltteer is at the rghit pclae. The rset can be a toatl mses and you can sitll raed it wouthit porbelm. Tihs is bcuseae we do not raed ervey lteter by it slef but the wrod as a wlohe.

Comments

  • Reaper
    Reaper Posts: 7,353 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    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
    purch Posts: 9,865 Forumite
    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.
    'In nature, there are neither rewards nor punishments - there are Consequences.'
  • tradetime
    tradetime Posts: 3,200 Forumite
    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.
    Hope for the best.....Plan for the worst!

    "Never in the history of the world has there been a situation so bad that the government can't make it worse." Unknown
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.9K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.5K Spending & Discounts
  • 243.9K Work, Benefits & Business
  • 598.8K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.