Self Select Isa Qestion?

Plasticballs

I am thinking of buying shares in 2 separate companys and have them in an Self Select Isa. Is this possible?

If so can anyone recommend such an Isa with lowest outlay costs to run, buy, sell fees etc.

I have looked at Iweb but they now have a £200 initial fee...

Many thanks..

AndyT678

Plasticballs wrote: »

I am thinking of buying shares in 2 separate companys and have them in an Self Select Isa. Is this possible?

Yes. Mindbendingly risky but definitely possible.

Plasticballs wrote: »

If so can anyone recommend such an Isa with lowest outlay costs to run, buy, sell fees etc.

Take your pick. http://monevator.com/compare-uk-cheapest-online-brokers/

saintalan

Not sure its mind bendinly risky? Guess it depends on the OP.

I use x-o have had good service and no problems.

Cheers

Alan

Archi_Bald

It can be very risky to invest in just a couple of shares. Even the most experienced investors usually spread their risk and invest in funds. As we know nothing about the OPs financial circumstances and risk tolerance, or the shares, it's impossible to comment further on whether it would be risky for them.

AndyT678

Archi_Bald wrote: »

It can be very risky to invest in just a couple of shares. Even the most experienced investors usually spread their risk and invest in funds. As we know nothing about the OPs financial circumstances and risk tolerance, or the shares, it's impossible to comment further on whether it would be risky for them.

Agreed. My first post assumes too much.

If these purchases are part of a well planned, diversified portfolio of investments then I cheerfully withdraw my previous comment.

le_loup

I suspect that someone who doesn't know if you can have a self select ISA or who cannot research more than one provider is probably taking a mind-bending risk by starting off with two shares!

jimjames

AndyT678 wrote: »

Agreed. My first post assumes too much.

If this these purchases are part of a well planned, diversified portfolio of investments then I cheerfully withdraw my previous comment.

I think it's fair to assume that someone asking such a question is probably taking too much risk!

saintalan

le_loup wrote: »

I suspect that someone who doesn't know if you can have a self select ISA or who cannot research more than one provider is probably taking a mind-bending risk by starting off with two shares!

Good point! On the other hand the OP might only be investing a small amount in which case it could get spread pretty thin! However your point is right!

Perhaps he has a hot tip:)

Plasticballs

Thanks guys for the advice... I can afford to fill the ISA allowance with these 2 shares and wait long term so no worries....

bigfreddiel

Plasticballs wrote: »

I am thinking of buying shares in 2 separate companys and have them in an Self Select Isa. Is this possible?

If so can anyone recommend such an Isa with lowest outlay costs to run, buy, sell fees etc.

I have looked at Iweb but they now have a £200 initial fee...

Many thanks..

Degiro is very very cheap go for it fj