We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Stocks and Shares Advice

Hi

I am thinking of dipping my toes into the share market and buying some shares. I wanted to get some advice before I look into this as I have never bought any shares before.

I understand that buying shares is a big risk but can also be very beneficial in the long run. I wanted to ask if anyone has an recommendations of a choosing a stockbroker?

I have looked into advice online but I know this forum can be very helpful/

I know there is alot more information I need to look into regrading buying shares and I am trying to find out more everyday.

Any advice would be greatly appreciated.

Thanks

Comments

  • jimjames
    jimjames Posts: 19,264 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    If you've never bought shares before then I certainly wouldn't jump in buying individual shares initially. It's likely to be far more cost effective and reduce risk to use funds instead which spread your investment across many companies so you aren't just exposed to the fortunes of one.

    There's lots of info on https://www.monevator.com
    Remember the saying: if it looks too good to be true it almost certainly is.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.3K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.3K Work, Benefits & Business
  • 604K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.