Buying RBS shares

bigmaz

Hi guys


I am probably going to totally embarrass myself here, I do not have a clue about shares, so apologies in advance if its a stupid question


But with the government selling off shares in RBS, is it a good idea buying into these shares? They seem pretty low. I am not thinking about or going to buy any, just out of curiosity really.


Thanks

jimjames

If you have no other shares then I'd say the answer is no.

Build up a balanced portfolio before looking at individual shares.

If you do want rbs shares you can just buy some from any stockbroker

bigmaz

jimjames wrote: »

If you have no other shares then I'd say the answer is no.

Build up a balanced portfolio before looking at individual shares.

If you do want rbs shares you can just buy some from any stockbroker

Cheers, as I said, I am not going to buy shares, just curious

ChopperST

Why do you think the price is low?

ChopperST

https://www.google.co.uk/finance?q=LON:RBS

Not a stupid question at all but for anyone thinking of investing in an individual share - take a look at the chart, set it to 10 years history and see why its a very bad idea.