Massive sum to invest

coolasacucumber

I'm going on holiday to Scotland with a few friends in the new year, and we've decided to do a 'Secret Scot' type gift arrangement.

I am buying for an accountant, and would love to get him some shares. We have £5 maximum to spend.

Basically, I've never bought shares, and want to know if there is any way that I can buy some simply & without paying loads in fees etc.

If anyone can help I'd really appreciate it!

Thanks.

jimjames

Simple answer, no. £5 won't even cover the fees for buying a share I'm afraid, although there was one new online broker that was below that I believe.

Maybe an investment book instead?

grey_gym_sock

£5 might be enough to buy an old share certificate - i.e. 1 of no value except for the historical interest.

kidmugsy

Just buy him a Scottish fiver.

TheTracker

With a pot of that size I'd recommend seeing an IFA. WHen you set up the initial appointment don't forget to tell the IFA you have Five Big Ones to invest.

Pincher

I get silly things that I don't want, which cost "them" peanuts to buy, and then ridiculous international postage to send. In that spirit,


http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/summary/company-summary/GB00B06K1665GBGBXAIM.html?lang=en


£5 should buy you around 2,000 shares.


If it costs you tens of pounds to issue a certificate, that's Christmas for you. A big waste of money where people buy each other cheap tat to show their contempt for each other.

Malthusian

Bah humbug.

Only way I can think of would be if you already had an account on a platform with no upfront dealing charges (Alliance Trust is one if you pay a higher annual fee), and bought them "on his behalf" then printed out a fake certificate.

Although I like the idea, accountants don't deal with shares that often, it would be a better joke gift for a stockbroker or trader. How about an abacus?

bowlhead99

https://www.etsy.com/uk/listing/207394640/

jimjames

Malthusian wrote: »

Bah humbug.

Only way I can think of would be if you already had an account on a platform with no upfront dealing charges (Alliance Trust is one if you pay a higher annual fee), and bought them "on his behalf" then printed out a fake certificate.

Although I like the idea, accountants don't deal with shares that often, it would be a better joke gift for a stockbroker or trader. How about an abacus?

Or a pot of beans to count

gadgetmind

You could get him 50 million dollars?

http://www.ebay.co.uk/itm/Reserve-Bank-of-Zimbabwe-50-000-000-Note-War-C11-/381465091931?hash=item58d1175f5b:g:VzkAAOSwlV9WRHdS

Lots of sale on ebay so just choose which one you want. You can get a 10 trillion uncirculated with your budget!

http://www.ebay.co.uk/itm/ZIMBABWE-13-NOTES-SELECTION-incls-2-5-10-20-100-trillion-1980-2008-/291527926871?var=&hash=item43e06b2457:m:myGNbfCHucRqZTHCHA2d1qA

Reaper

Thanks for the idea Gadgetmind. I just ordered a $10 trillion note as a joke Christmas present. £4 delivered.

P.S. If it is the final version then I gather it is still technically legal tender until the end of the year. So I will be able to legitimately claim "I used to be a trillionaire but gave it all away".