Where to find a bull market stock broker

Slinny

I want to invest in stocks and shares but dont like the way that the stocks market can go down. On tv and newspapers it always says that 'bulls' are making the market go up and 'bears' make it go down.

If the bears stockbrokers make money by making the market go down that cannot be right. Lots of people have pensions and life savings in the stock market so it better for everyone for the market to go up. At the moment the papers say the bulls are winning but they have to fight the bears. Is there no law or financial authority to control this?

Is there a stock I can invest in that the bulls are also investing in and that the bears are not? Does anyone know where can I find lists like this? Also where can I find a bull stock broker and are there lists of these brokers?

clairbear_3

he he he:j

Biggles

I think I've got just the firm you need, Slinny.

They don't sound much, they only operate from a small room in the basement of an office building in New York. But they are obviously a very busy organisation as they make a large number of phone calls. Many of them to me.

They only sell shares that go up. In fact, they often tell me the price has already gone up but that they'll sell me the shares at the old price, which I think is more than fair.

If you let me have your number, next time they ring, I'll give it to them and suggest they ring you instead of me, as I'm already rich enough not to require their services any more.

tradetime

We're everywhere!!!!

laehc

You need to learn the basics of investing, Slinny. Unfortunately I don't know of any good beginner's guides, and I don't know how common or misleading any not-so-good guides are.
If there were stockbrokers who only sold shares which zoomed up, we would all be buying shares from them and getting rich, but it just doesn't work like that.
I would advise against trying to pick shares until you know a lot more about the subject.
Here are some relevant issues:
How much risk are you willing to take? (shares are risky, and people only invest in shares when they expect to get more back than if they put the money in a savings account).
Is this a good time to buy shares (in general)?
What countries and sectors (e.g. finance or telecoms) would give the best returns?

As an alternative to picking shares, it might be worth investing in funds or ETFs which track indices such as the FTSE 100. You would want one with low charges and reasonable tracking accuracy. The advantage of doing this is that many unit trusts don't do much more in practice than track some index while charging big fees for allegedly managing your money.

It might be worth asking on this site if there are any investment trusts which can be recommended. These trusts are companies which buy shares in other companies, sometimes they trade at a discount. If such a trust sells at a 10% discount, you are effectively getting your share of the shares it holds at 10% off. However a large discount tends to mean that shareholders don't have a lot of faith in the management.

You could also consider unit trusts but I suggest you get one with a manager with a good track record over several years. I haven't checked this myself but I've read plenty of times that this year's top manager is very often way down the list next year, and too many people chase managers who are top over only one, two or three years. Here's a link to a list of the top ten:

http://www.trustnet.com/Managers/
(Thanks to Seemore who gave me the link)

It's often cheaper to buy unit trusts through a third party like Fidelity Funds Network (I think Hargreaves Lansdown do something like that as well, I don't know who is cheapest). Do it in an ISA if you haven't used up your ISA allowance (set up the ISA first e.g. with Fidelity Funds Network, then buy through the ISA).

Try to learn the basics before parting with any money. Maybe someone else can comment on if you should see an independent financial advisor. I only saw one once and spent an hour arguing.

Good luck.

theGrinch

why not just use a pin?

jdemaistre

Reading this thread is like stepping into a parallel universe.

Debt_Free_Chick

Slinny

I'm sorry, but your post shows that you haven't quite grasped the fundamentals yet. I don't mean to be rude, but what you've posted doesn't describe reality at all.

More importantly, though, it's unlikely that you'll find any kind of stockbroker who will manage your money and make buy/sell decisions of this type unless you have an awful lot of money to invest ...... I'm out of touch, but I would guess you need upwards of £250k before you found a stockbroker willing to operate what is known as "discretionary portfolio management".

Hope this explains some of the cryptic responses you've had so far. They're not meant to be cruel, more a case of "oh my, oh my .... where do I start to correct this guy's understanding ....."

HTH

Nice_guy

Biggles wrote: »

I think I've got just the firm you need, Slinny.

They don't sound much, they only operate from a small room in the basement of an office building in New York. But they are obviously a very busy organisation as they make a large number of phone calls. Many of them to me.

They only sell shares that go up. In fact, they often tell me the price has already gone up but that they'll sell me the shares at the old price, which I think is more than fair.

If you let me have your number, next time they ring, I'll give it to them and suggest they ring you instead of me, as I'm already rich enough not to require their services any more.

Hi Biggles,

What's the name of the company you are refering too? Have you used them before in the past? if so, what were the results?

I'll be interested too.

Debt_Free_Chick

jdemaistre wrote: »

Reading this thread is like stepping into a parallel universe.

:rotfl::rotfl::rotfl::rotfl::rotfl:

Nice_guy

oooppppps!