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Best shares to buy - Beginner

2

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  • Eros Entertainment is about to administer an IPO and estimated upside is 20-30% and great long term.

    I invest with iii in lumps of 600 which is not too little at all, lokolo highlighted how small the charges are and you will make more than an "isa".
  • 2010
    2010 Posts: 5,579 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    DESire petroleum drilling Falkalnds from mid Oct and good value at pound 14 now.
    500 quid in now and I reckon in 6 months it will be worth 2.5K
    Good luck!

    http://www.iii.co.uk/investment/detail?type=&code=cotn:DES.L&it=le&display=fundamentals

    The way this company has performed and lost millions in the past,they must being going to use a Black & Decker drill out in the Falklands, because that`s all they can afford.

    £500 with this lot will be worth nowt in 6 months.
  • They have funded 4 drills in the campaign and start in October. Clearly you have not done any research on DES!
  • TRUSt_NO_1_2
    TRUSt_NO_1_2 Posts: 342 Forumite
    edited 16 September 2010 at 10:52PM
    My tips...


    Open a trading account at at TD Waterhouse.Cost you about £12.50 to trade +1.5% to convert to Canadian dollars (so call it £20)
    and buy GBG on Canadian TSX.

    Unfortunately (for you) gone up about 30% in last 5 weeks...but it's early days...I reckon there going to double in next 12 months

    or

    http://goldmoney.com/
    1.Buy silver at above..probably going to double as well (you buy at about a 5% premium to spot price,but can then sell at spot price.
  • blinko
    blinko Posts: 2,523 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    tonydee wrote: »
    As what Lokolo said, charges are cheap nowadays. Average of £10 to buy and sell + stamp duty which wouldn't be much on £500.

    I could name a few companies that offer outstanding value at the current price but please don't just buy a stock on hearsay. Always do your own research and remember that shares don't go up everyday.

    Good upcoming oil companies are doing well at the moment as are upcoming mining stocks.

    Gulf Petroleum
    Afren
    African Aura Resources
    Encore Oil
    Enquest
    Sylvania Resources
    Petroneft
    Circle Oil

    To name just a few


    p.s. Googler the OP stated for the long term so your reference to tips printed 2 weeks ago hardly stand true.
    agreed you better off putting it on these shares and hoping for the best, but be prepared to lose all your money and be prepared for volatility as they are up and down alot, but if they do hit they you can easily double you £500, but long term most of these will come good but again dont expect miracles with $500
  • googler
    googler Posts: 16,103 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    tonydee wrote: »
    p.s. Googler the OP stated for the long term so your reference to tips printed 2 weeks ago hardly stand true.

    Some of them were recommended by the writer as long-term picks. Two weeks just happens to be the elapsed time since then, and shouldn't be taken as a recommendation to buy, then sell after this period.
  • googler
    googler Posts: 16,103 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    bullau wrote: »
    Longterm, why not just buy a couple of sovs, throw them in a draw and forget about them?

    Took me a few mins, but sovs = sovereigns ???
  • googler wrote: »
    I took the regular daily stock tips from my regular newspaper (The Scotsman) over the last couple of weeks, and tracked where the share price went after their recommendation to 'Buy'

    Out of 12 'Buy' recommendations, 4 were down in price at time of checking, 8 had gone up. This over a period from 2 Sept.

    To me, this would be a cautious recommendation to follow the advice given therein, but even that's not a guarantee of success.

    I once bought a tip from a newspaper..my first ever stock purchase....
    I probably bought the stock they were selling...it went to zero.
    1st lesson learnt...
  • blinko wrote: »
    agreed you better off putting it on these shares and hoping for the best, but be prepared to lose all your money and be prepared for volatility as they are up and down alot, but if they do hit they you can easily double you £500, but long term most of these will come good but again dont expect miracles with $500

    oil shares...
    maybe...?

    but the writing is on the wall...

    electric cars...solar technology which will increase in efficiency probably similar to computer advances...someone will soon make a significant breakthrough in battery/storage technology...

    solar powered cars will come..maybe not tomorrow...but you all know by now it's coming soon.

    They might not do 155 mph...but what f***ing difference will it make...the speed limit will be 15 mph at this rate !!!!!!!!!!!!
  • sabretoothtigger
    sabretoothtigger Posts: 10,036 Forumite
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    edited 17 September 2010 at 11:01PM
    Plexus, a company thats invented a better oil well head design. After all the fuss made on BP I bet they dont change a thing about equipment but I heard of worse ideas since its already a profitable company I think

    Questor does good tips, been following him for about 2 years. Often chooses reasonable ideas like JII is an India investment fund he recommends, if you bought some of that every month for a year I reckon it'd be less risky then any one share and India has 10% growth

    Nakedtrader is a journalist who found out he could pick good companies. Has a website, book and seminars where he talks it through

    I once bought a tip from a newspaper..my first ever stock purchase....
    I probably bought the stock they were selling...it went to zero.
    1st lesson learnt...

    The mirror used to publish tips and sell their shares just after when they went up :whistle:

    http://en.wikipedia.org/wiki/Piers_Morgan#Career_in_newspapers



    these shares are for the long term view.

    I always thought the big oil companies were best for anyone that drives. If petrol goes to 150p they'll make money and get a nice share rise and also a dividend higher then savings.
    If the petrol doesnt rise and the company cant make money then you are about as rich anyway as you wont be paying 150p for petrol


    I'd say buy shares in your mortgage bank but we know how that one turned out though you cant argue right now there wasnt some positive fallout from that.
    Bottom line is its best to have several different and separate reasons why you want to own this company and share in its profit and/or loss
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