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What is the cheapest way to buy Apple shares

mobileuser
mobileuser Posts: 63 Forumite
in Savings & investments
What is the cheapest way to buy Apple shares in the uk? Am I right in thinking you can't buy American shares in a ISA.

Thanks,
«1

Comments

  • JohnRo
    JohnRo Posts: 2,887 Forumite
    Tenth Anniversary 1,000 Posts Combo Breaker
    buy PCT in an ISA
    'We don't need to be smarter than the rest; we need to be more disciplined than the rest.' - WB
  • mobileuser
    mobileuser Posts: 63 Forumite
    Thanks What is PCT?
  • JohnRo
    JohnRo Posts: 2,887 Forumite
    Tenth Anniversary 1,000 Posts Combo Breaker
    edited 24 August 2017 at 11:05AM
    http://www.polarcapitaltechnologytrust.co.uk/default.aspx

    I wasn't giving you a straight answer to the question asked.

    The cheapest way to own Apple directly is to open an account with a broker like HL who give you access to international stock exchanges. Complete a W-8BEN form and then purchase to your heart's content.

    You'll incur transactional FX charges and a 15% withholding tax on the dividends. I understand they can be held in a SIPP which negates the dividend withholding tax entirely.
    'We don't need to be smarter than the rest; we need to be more disciplined than the rest.' - WB
  • AnotherJoe
    AnotherJoe Posts: 19,622 Forumite
    10,000 Posts Fifth Anniversary Name Dropper Photogenic
    I have Apple shares "naked" in a US broker and a U.K. one (TD) plus some in my SIPP with HL.

    If I was starting from scratch I'd probably buy the "naked" ones in an ISA with TD as I believe you can sell and buy US shares in $ without having to convert to Sterling each time. At least you can in their trading account so I assume it would be the same in an ISA though I haven't checked.
  • mobileuser
    mobileuser Posts: 63 Forumite
    Thanks.

    Excuse me for being dumb but what is TD ?
  • ColdIron
    ColdIron Posts: 10,332 Forumite
    Part of the Furniture 10,000 Posts Hung up my suit! Name Dropper
    An investment platform
    https://www.tddirectinvesting.co.uk/
  • jimjames
    jimjames Posts: 19,279 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    mobileuser wrote: »
    Thanks.

    Excuse me for being dumb but what is TD ?

    If you don't already have an existing broker and existing funds /shareholdings then you may also want to consider whether buying the shares of one company is a good idea.
    Remember the saying: if it looks too good to be true it almost certainly is.
  • A_T
    A_T Posts: 975 Forumite
    Part of the Furniture 500 Posts Name Dropper
    The Legal & General Global Technology Index Fund has 15% of it's holdings in Apple.
  • Xenon
    Xenon Posts: 326 Forumite
    Part of the Furniture 100 Posts Name Dropper
    A Time Machine

    ;)
  • darkidoe
    darkidoe Posts: 1,129 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper
    Xenon wrote: »
    A Time Machine

    ;)

    Cost of one would probably be too expensive.

    Save 12K in 2020 # 38 £0/£20,000
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