ShareHunter.com FTSE 350 Share Alerts

silver_inca

Hi All,

Just found this website - was wondering if anyone had any advice/experience with this?

Basically, you pay £39 a month and you get alerts on which FTSE 350 shares to trade etc.

Don't want to get burnt lol

jimjames

The person sending the tips will be £468 per year better off. You are unlikely to be.

Seriously if someone knew which shares to buy would they tell someone or buy themselves in the safe knowledge they would make their fortune? Or is it easier to sell tips to someone else instead with no comeback if they are wrong?

bowlhead99

I would pay 468 a year as a 1% management fee to a group of professionally regulated investment fund managers actively investing a 46,800 portfolio for me. I would not pay 468 a year for a website giving me ideas on what shares I might like to consider buying or selling from time to time.

If you just put 39 a month into an investment trust or extra contribution to your fund portfolio you talked about on another thread, after 5 years you'd have 2300 plus dividends and hopefully share growth.

If you pay 39 a month for tips for 5 years, you'll have 2300 of cost, so you would need to have invested 10,000 at a 25% return to make it worthwhile over keeping your money in a bank account. On that 10,000 invested into individual company shares you could have easily lost 2500 instead plus the 2300 costs, and be out 4800. Or even double that.

ccbrowning

Just put the money in to some passive FTSE index fund.

silver_inca

Yes - thanks good advice!