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  • CopperPlate_2
    CopperPlate_2 Posts: 1,508 Forumite
    I have recently started working and for the first time have some cash i can play with on the stock market.

    I was thinking about subscribing to a share tipping newsletter like
    https://www.t1ps.com.

    does anyone have any experience of any of these newsletters or is it better to read the sunday papers etc?

    I'd put the spare cash into a mini stocks and shares ISA - there's heaps of information on the web about the best performing: see https://www.fidelity.co.uk for more information on performance tables. That way you have a degree of choice over the type of investment you are subscribing to: cautious, medium risk, high risk, etc and the cost/pound averaging over ten or more years means you have a higher chance of increasing the value of your investment rather than investing a lump sum in a 'do it yourself' share or shares investment portfolio.

    You say that for the first time you have money to play with on the stockmarket? I'd play it safe to start with and at least watch it grow slowly rather than disappear quickly.

    Just my opinion FWIW.
  • saver_sam
    saver_sam Posts: 609 Forumite
    Part of the Furniture 500 Posts
    Investors Chroncile have tips every week. Out local library has the magazine so can get it for free that way
  • richgirl
    richgirl Posts: 233 Forumite
    Its amazing how people want to commit thousands of pounds on freebie or ultra cheap tips.

    Take your time and do your research and then invest your thousands, knowing that you perfectly understand the risks involved and what it is your investing in !

    Okay you want a tip ?

    A long-term tip ?

    Shell..... say a portfolio weighting of 6% ... now for the other 94%... :) But do your own research FIRST, as perhaps another oil major would convince you of a better future...
  • jozvaldo
    jozvaldo Posts: 405 Forumite
    I was recently infomed that pci (petro chemical) would be a good buy as they are about to start drilling this month??
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • trademark
    trademark Posts: 589 Forumite
    PCI IS PETROCELTIC ...

    PXC PIPEX .... seem a good bet

    or RGT regen ..... for a speculative buy
  • EdInvestor
    EdInvestor Posts: 15,749 Forumite
    Get some decent professional financial advice before investing in the stock market.

    This is actually quite difficult as financial advisors are not qualified or regulated to advise on direct share investmentand full service stockbrokers are expensive. Apart from the tipsheets it's also worth studying the (free) websites like

    https://www.fool.co.uk
    https://www.iii.co.uk
    https://www.advfn.co.uk

    but do keep a close watch out for "rampers" - people who try to talk up the share price on Bulletin boards so as to make a killing themselves.This only applies to tiddler shares, so it's best to avopid those until you get more experience.

    Stick to the big companies first until you get a feel for the market. Here's a list of the top 25 biggest:

    BP PLC
    HSBC Holdings PLC
    GlaxoSmithKline PLC
    Vodafone Group PLC
    Royal Bank of Scotland Group (The) PLC
    Royal Dutch Shell PLC
    AstraZeneca PLC
    Barclays PLC
    HBOS PLC
    Anglo American PLC
    Rio Tinto PLC
    Lloyds TSB Group PLC
    BHP Billiton PLC
    Tesco PLC
    Diageo PLC
    BG Group PLC
    British American Tobacco PLC
    Aviva PLC
    Standard Chartered PLC
    BT Group PLC
    National Grid PLC
    SABMiller PLC
    Unilever PLC
    Prudential PLC

    They may be big but they can also get quite racy at times in terms of what happens to their share price ;)
    Trying to keep it simple...;)
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