We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Dipping toes into the stock market
Options
PhoenixDF
Posts: 113 Forumite
Now I don't think I will become a millionaire or a stock broker but I really want to purchase a few shares in some companies (only a few small £1's here and there) as a small investment.
However, my only real problem is I don't know how you can just purchase the shares.......I don't want go through brokers or anything and that's all I seem to be able to find online.
Could someone point me in the right direction please?
However, my only real problem is I don't know how you can just purchase the shares.......I don't want go through brokers or anything and that's all I seem to be able to find online.
Could someone point me in the right direction please?
Current Debt
Barclays Student Overdraft £3,000 [£3,000 limit - £7 monthly fee, 0% interest]
Nationwide Overdraft £145 [£150 limit 19.9% interest]
Barclaycard £2,990 [£4,000 limit - 0% interest until April 14]
Vanquis £1,331.96 [£3,000 limit - 39.9%APR)
Capital One £50 [STRIKE]£81.54 [/STRIKE][£200 limit - 27.9%APR)
Barclays Student Overdraft £3,000 [£3,000 limit - £7 monthly fee, 0% interest]
Nationwide Overdraft £145 [£150 limit 19.9% interest]
Barclaycard £2,990 [£4,000 limit - 0% interest until April 14]
Vanquis £1,331.96 [£3,000 limit - 39.9%APR)
Capital One £50 [STRIKE]£81.54 [/STRIKE][£200 limit - 27.9%APR)
0
Comments
-
I think the only way to buy without going through a broker is to apply when a company is offering new shares - I think what they call an IPO. You're not going to find it very economical buying otherwise as even the cheapest brokerage will charge a fee. Might be worth re-posting int eh Savings & Investment forum.0
-
Dealing fees are generally about £7 per trade on the FTSE so you'll have to buy more than £14 worth to get anything at all.Said Aristippus, “If you would learn to be subservient to the king you would not have to live on lentils.”
Said Diogenes, “Learn to live on lentils and you will not have to be subservient to the king.”[FONT=Verdana, Arial, Helvetica][/FONT]0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.2K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.7K Spending & Discounts
- 244.2K Work, Benefits & Business
- 599.3K Mortgages, Homes & Bills
- 177K Life & Family
- 257.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards