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Shares?

Looking into shares and I have signed up to Halifax Fantasy Trader to get an idea of what it entails and what I am getting myself into.

Anyone have tips when buying and selling shares? Also any tips of what shares to invest into?

Or any help you can provide.

Thanks

Comments

  • malik999
    malik999 Posts: 376 Forumite
    Make sure your diversified. i.e. 1 bank, 1 utility etc etc not 5 banks and consider dividends.
  • KingEdmund
    KingEdmund Posts: 16 Forumite
    What are shares with dividends? I am completely new to this game.
  • jimjames
    jimjames Posts: 18,922 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    KingEdmund wrote: »
    What are shares with dividends? I am completely new to this game.

    If that is the case then shares are probably not the best place to get started. You are likely to be much better off by buying funds rather than investing in shares directly if you are looking for long term investment rather than a short term punt.
    Remember the saying: if it looks too good to be true it almost certainly is.
  • marvin
    marvin Posts: 2,187 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker I've been Money Tipped!
    jimjames wrote: »
    If that is the case then shares are probably not the best place to get started. You are likely to be much better off by buying funds rather than investing in shares directly if you are looking for long term investment rather than a short term punt.

    Evryone has to start somewhere and at least they have started with play money not the real stuff!

    Dividends are the funds from profits that companies return to shareholders.

    This link

    http://www.j-sainsbury.co.uk/index.asp?pageid=492

    Shows you the past dividends for Sainsbury's PLC a profitable company that pays a dividend twice a year. Dividends can be paid at any interval set by the company but most are twice a year, the interim is paid on potental end of year profits and the final paid on actual end of year profits.

    There are many ideas on what makes a good portfolio I still don't know which one is right if any! All I can say is pick a portfolio that suits what you want it to do.

    If it is income that you want then go for predomently dividend paying shares at the best yield you can get. (there are 2 yields personal yield is the amount you have invested divided by the dividend income gained in a full year, similar in practice to getting interest on money invested in a bank account. Yield given in papers and on financial websites is the average price through the year divided by the dividend).

    If you want growth then try and pick a few risky shares that have growth potential. (some examples Taylor Wimpey, RBS, Lloyds) or some shares that have significant new product development potential (some examples BIOM, PXS, PYC there are plenty more all with very high risk)

    Hope this helps a little do lots of reading and learn a lot more about the subject before you even go anywhere near risking real money on shares.
    I started with nothing and I am proud to say I still have most of it left.
  • AndyGuil
    AndyGuil Posts: 1,668 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Research and understand the company before you invest and assess the risk.
  • web_ferret
    web_ferret Posts: 252 Forumite
    Read a lot then read some more before you put any money into the markets.
    Learn what these are
    RNS
    MM
    Treeshake
    Ramper
    De-Ramper
    Drawdown


    Read about Warren Buffet. Others may recommend books but I haven't as I don't want to follow the sheepie.

    look at lse.co.uk and iii.co.uk

    I started last May with £25k. I now have £37k and I am a very cautious investor. I lost around £1k over the past 9 months on bad decisions.

    My tips would be RRL for doubling you money this year and bank shares will eventually rise but this will take some years.

    DO NOT invest any money you cannot afford to lose. I don't want to lose £25k but if I did then I would be OK financially.

    Shares can and do go down.

    Good luck.
  • marvin
    marvin Posts: 2,187 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker I've been Money Tipped!
    web_ferret wrote: »
    Shares can and do go down.

    As well as plummit!
    I started with nothing and I am proud to say I still have most of it left.
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