📨 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!

Investing in shares

2»

Comments

  • Reaper
    Reaper Posts: 7,354 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    I accept ISAs are worthwhile in the right circumstances, but the OP hasn't said how much they are talking about. If it's a couple of hundred quid then paying an extra charge to hold it in an ISA wrapper may not be necessary.
  • uk_steve
    uk_steve Posts: 375 Forumite
    OP dont be affraid just do it if your heart feels right!

    i have been doing this for just over 2 weeks now

    i have been doing skimming the top and long term investments as well
    across diffrent sectors
    (2 diffrent methods is my portfolio methord at the moment)

    lets talk about my Skimming the top stocks and shares


    skimming the top in the last 2 weeks now has earned me £1200 to date
    after stamp duty and fees

    with a cash flow of 8k for this purposes



    Good luck


    Also just like to say Do Not go into stocks and shares if you cant absorb your money if it all goes wrong!!!!!!
    Oh well we only live once ;-)
  • ebonylight
    ebonylight Posts: 838 Forumite
    Hi thanks for all your tips suggestions and advice - like I mentioned in the first post I'm not looking to do anything yet as I have a big old debt to get rid of and can't risk losing any money. But I will get the books you mentioned (from my library if possible) and have a read through, see what I need to learn, and then hopefully I'll be a lot better grounded when I come to "trade" or invest.

    :D
    End of 2010 I was £8,007.66 in debt :(
    Today's total: £7,297.06 :o
    Member of The Blondettes:beer:
  • msfender
    msfender Posts: 39 Forumite
    Have a look at www.bullbearings.co.uk ebonylight. It's a fantasy trading site that works like a real one. A good way to have a practice while you're reading up.
  • Blah99
    Blah99 Posts: 486 Forumite
    ebonylight wrote: »
    Hi thanks for all your tips suggestions and advice - like I mentioned in the first post I'm not looking to do anything yet as I have a big old debt to get rid of and can't risk losing any money. But I will get the books you mentioned (from my library if possible) and have a read through, see what I need to learn, and then hopefully I'll be a lot better grounded when I come to "trade" or invest.

    :D

    Buy the books yourself, you'll end up needing them and referring to them again and again. If you can't afford to buy the books, you can't afford to deal in the markets.
    Mmmm, credit crunch. Tasty.
  • cloud_dog
    cloud_dog Posts: 6,327 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    ebonylight wrote: »
    Hi thanks for all your tips suggestions and advice - like I mentioned in the first post I'm not looking to do anything yet as I have a big old debt to get rid of and can't risk losing any money. But I will get the books you mentioned (from my library if possible) and have a read through, see what I need to learn, and then hopefully I'll be a lot better grounded when I come to "trade" or invest.

    :D
    As Blah says, there's no getting away from doing the ground work if you want to do it yourself, afew quid now will save you thousands later.

    Why not start/run a virtual portfolio with an imaginery amount of money, i.e. £5k, pick 5 stocks/investments and see how you do. There are a number of websites that allow you to run virual/dummy portfolio's (I use https://www.iii.co.uk and monitor a number of porfolio's within it).

    cloud_dog
    Personal Responsibility - Sad but True :D

    Sometimes.... I am like a dog with a bone
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
  • 351.2K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.2K Work, Benefits & Business
  • 599.3K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K 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.