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Buying certificated shares for a relative
Comments
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Personally I think the Diageo is a good idea!
Well, it was my first suggestion, and it's also the share in my HYP that I'm most confident in.
As for CGT, yup boring, and still on a 6% premium.
I really didn't want this job, but FIL has a completely misplaced trust in me. This even extends to him immediately buying the same model TV or computer if he sees I've bought one. He knows I will have done my research, so latches onto this, and doesn't seem to appreciate that my needs might be different to his.I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
May not be much use if the "high street price" is more than 10% above the price available online!
From memory when booking TC holidays in the past they matched online prices when asked. Good point though, as I am not entirely sure if this is still the case. Felt when buying in-store it was mostly an opportunity for TC to try adding various extras to the package such as insurances, in flight meals, seat positions etc etc...
JamesU0 -
Does FIL have any shares himself? If so, why does he not gift her a portion of his favourite shareholding?
Otherwise, why not a cash gift and a copy of "Smarter Investing" - that way she has the choice of what to do?0 -
FIL has some shares himself, but only because I told him what I'd just bought, and he then went out and bought shares in the same company. Over the last 3 years, they have proved to be a "20 bagger" hence my undeserved reputation regards stock picking!I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
Let face it, it seems to me you done very well with investments, gadgetmind. I hazard a guess that you are better than average. 
As for buying certificated shares which I am great fan of (I hold all shares in certificated forms in spite of higher trading fee). Lloyds TSB bank actually offer certificated shares trading online. Which is very useful since I cannot find or yet find any other online certificated shares trading and I cannot use a phone dealing service 
. The cost of buying is £27.50 though. Selling is much cheaper though since you can just transfer in any certificated shares for free and sell it cheaper.
Cheers
Joe0 -
JoeCrystal wrote: » Let face it, it seems to me you done very well with investments, gadgetmind. I hazard a guess that you are better than average.
Yes, but someone has to be better than average, and I prefer not to attribute to skill what could equally well just be luck! I have enough red in my portfolio (I keep it to prevent hubris!) to remind me quite how risky individual shares can be, particularly when you're trying to find those few acorns that will grow into mighty oaks.As for buying certificated shares which I am great fan of (I hold all shares in certificated forms in spite of higher trading fee). Lloyds TSB bank actually offer certificated shares trading online.
Many thanks, I'll pass on that handy tip.I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
On the questions, "framedshare" sell a small ad-hoc selection of certificated ITs (can search on their site using "trust", but obviously not sensible to buy anything here). So it does seem feasible to buy income/growth ITs in certificated form. Hence maybe check the banks for cost analysis on certificated IT purchases? Halifax sometimes mentioned on thread for one off certificated share purchases, so they may be worth a try if you go down the IT route.
JamesU0 -
On the questions, "framedshare" sell a small ad-hoc selection of certificated ITs
Yes, I saw that site, but they seemed to just do single shares. Of course, a single share in PNL or AAPL is actually worth having!I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
I always buy shares in certificated form and use Lloyds TSB. I suppose if you are continually buying and selling it is not very practical though. Good to hear that it is a lot cheaper to sell them:)Stopped smoking 27/12/2007, but could start again at any time :eek:0
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Joe - Have you used them lately? My understanding is that purchases up to £1,000 now have a flat fee [commission] of £27.50 and then it's up in steps to £87.50 for deals over £10,000.JoeCrystal wrote: »Lloyds TSB bank actually offer certificated shares trading online. Which is very useful since I cannot find or yet find any other online certificated shares trading and I cannot use a phone dealing service. The cost of buying is £27.50 though. Selling is much cheaper though since you can just transfer in any certificated shares for free and sell it cheaper.... Joe".....where it is corrupt, purge it....."0
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