Best shares to buy - Beginner

ghostbusters

with only £500 I would consider spread betting.. plus it gives you more trading options..

TRUSt_NO_1_2

TRUSt_NO_1 wrote: »

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.

So far so good ...

jimjames

ghostbusters wrote: »

with only £500 I would consider spread betting.. plus it gives you more trading options..

Investing or gambling?

If you already have cash savings and this is your first investment then I'd suggest starting an ISA with tracker fund in it.

tonydee

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.

Almost 4 months and changes in share price as follows

Afren was 103p now 148p
African Aura Resources was 88p now 178p
Encore Oil was 93p now 138p
Enquest was 121p now 144p
Sylvania Resources 49.5p now 48p
Petroneft was 46.5p now 67p
Circle Oil was 36.5p now 35p

sabretoothtigger

Encore Oil was 93p now 138p

very good 40% rise Would you sell any of them now or some of each even

thriftychap_2

Dont be put off by posters saying £500 is too little. I have just purchased £500 of shares, it cost me £1 for the trade and .5% commission. I have £1 trading charges for the first 30 days and then £6 a trade. If you are looking to buy and sell quickly with £500 i would not recommend it (unless you purchase penny shares and get lucky with a big rise, or have inside info). If you are investing £500 on a stable company with a good share yield on an accumalitive basis for the long term then your £500 will make you money.

OH and congrats on the 40% return, excellent research. Any future tips would be greatly appreciated.