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Alliance and & Leicester shares?

lky2k23
lky2k23 Posts: 302 Forumite
Part of the Furniture 100 Posts Combo Breaker
in Savings & investments
I'm looking to buy some shares in Alliance and Leicester - have just opened a current account with them as well - whats the easiest/cheapest way for me to purchase some shares?

thanks
Just have a little faith

Comments

  • ReportInvestor
    ReportInvestor Posts: 3,646 Forumite
    Although A&L shares have risen on Spanish bid hopes, they were not recommended as a buy (just a hold) in a very recent Sunday Times article that was otherwise very positive about the banking sector on the back of the latest profit figures.

    Any particular reason you are set on A&L?

    With the sort of savings in your signature you should probably be looking to build up Cash ISAs and then branch out into collective funds - e.g. Unit Trusts, Investment Trusts, OEICs - rather than individual shares that might excite OR disappoint.
  • nilocmac
    nilocmac Posts: 514 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    On a similar theme I'm looking to SELL some shares in Alliance and Leicester what is the easiest/cheapest way for me to sell 250 shares?
  • EdInvestor
    EdInvestor Posts: 15,749 Forumite
    A good spot to start accumulating a share portfolio cheaply is a Halifax Sharebuilder account. Only 1.50 to buy a share. :) You can make regular contributions and buy a differnt stock every month.

    A&L is quite a good one to focus on first IMHO as it pays a very decent dividend. Buying shares that pay out divis means you accumulate extra money in your account and can buy more shares more quickly.

    Diversification into different sectors ( eg retail, oil, utilities,telecoms etc) as you get each share will reduce risk in your portfolio.
    Trying to keep it simple...;)
  • lky2k23
    lky2k23 Posts: 302 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    I just think it would be nice to have a few shares in something nothing major say £100.00

    Thought A&L looked good and something that I think will get better and better.....
    Just have a little faith
  • equitydealer
    equitydealer Posts: 354 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    nilocmac wrote:
    On a similar theme I'm looking to SELL some shares in Alliance and Leicester what is the easiest/cheapest way for me to sell 250 shares?

    Chepeast way is through LLoyds TSB for selling/buying paper A&L shares

    https://www.shareview.co.uk
  • isasmurf
    isasmurf Posts: 1,998 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Are they held in the Sharesafe scheme? If they are, then details on how to sell are through the sharesafe website
    http://www.alliance-leicester-group.co.uk/html/shareholder/share_dealing.asp
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