Share Dealing Discussion Area

MrGassa

I came across this site a little earlier today. I think its quite a handy little resource for those new to online share dealing. It covers the basics of dealing shares online and also moves onto financial spread betting, CFD's and a takes look into technical analysis. A lot of the jargon has been removed, making it simple for technophobe's like me to follow.

First Time Investor

nigel_root

I've been reading the Hoodless Brennan 'Online Trading T&Cs' and a paragraph on insolvency near the end and para 18.1, talking about the FSA compensation scheme make it clear that you'd get back a maximum of £48,000. Has anyone else worried about this please? And if so, what do they recommend?
Regards,
Nigel

steve1981_2

Yesterday I printed off the T&c's for myself and had a read through. There where a few things I didnt like including what you have mentioned ( even though 48k worth of stock for me to collect would take some time).

And after going to the FSA website and seeing that they had been fined twice (no criminal action was taken) 1, 150k 2, 90k, I have now joined the Halifax sharebuilder (security of a established company). I do understand that there are drawbacks to the Halifax but in the end it suited my situation. This is my opinion.

tocadast

Any advice please.

My Dad has been paying into a share option scheme with TYCO. They mature at the beginning of next month and he has been offered (I think it's called) "a first day option" to buy the shares.

The company offering to "cash-in" the shares on his behalf are quoting 1.75% of the current value (around £8000).

This seems very high to me. The main potential complication is that TYCO trade in dollar shares and this obviously has to be converted to sterling.

Is there a cheaper way for my Dad to "cash-in" this option?

Thanks

kickoff3pm

Hi, just joined this site to talk about endowments but thought I would pop in here and see whats what.

I've been investing on the stock market now for 5 or 6 years. This was after I let someone else do it for me and they lost 50% of my money in about one year. I've made lots of mistakes but they have been worth it as it's made me do what I've found most small investers don't do - Thats reseach, plan and stick to the rules you make.

In the last few years I've not traded much due to what I see as very flaky conditions in the market. I trimmed down my portfolio and only kept those that still matched up to my plan. In that time I have made 400% in one share and over 100% in 3 others. I have lost a few but sold way before that was 25%. I still hold a few that are well down but, as I said, they are still in my plan because the story there is still valid.

So how about a few names, well currently my major holding is Vane Minerals. I first bought this at 17p because it has a good team and a good story. The have a gold mine which they are using to finance Urainium mining. The current price is 32p but if they find Urainum one find will add 50p to that. They currently have more the 32 targets so you can see 10% success would bring a share price of about £2.00. But that's based on last years Uranium price of about $20, it's now more like $100. DYOR but plenty still to go here IMO.

But thats still high risk remember, for those who want a more stable stock you could keep an eye on my thread on advfn. This is really just a bit of fun for my spare cash but it seems to work. The idea is to find stock a month or so before dividend so you get the dividend. But we are also look for a 20% share price rise too. I found that although some share drop on Exdivi date they bounce back so the dividend gives a sort of safety net.

m_i

Hi

We have been contacted by Keysearch who would like to sell our BAA shares but are charging a fee of 15%.

Is there a cheaper way of getting the money for these shares?

We were stubborn and decided not to see our shares when Ferrovial aquired the shares last year.

Thanks,

m_i

gt94sss2

m_i wrote: »

Hi

We have been contacted by Keysearch who would like to sell our BAA shares but are charging a fee of 15%.

Is there a cheaper way of getting the money for these shares?

You actually don't own the BAA shares anymore as after Ferrovial gained over 90% of the shares in BAA, they compulsory acquired the rest (including yours).

A copy of the letter you should have received informing you of this is here

However, you can claim the money that they paid for your shares by contacting the share registrar yourself at:

Computershare
Investor Services PLC,
PO Box 858,
The Pavilions,
Bridgwater Road,
Bristol, BS99 5WE
telephone: 0800 408 0103

This method is free - saving yourself the 15% commission!

Regards
Sunil

bshuber73

Hi , I'm looking to invest in US shares DOJ...ectra whats the best online broker for over seas share dealing !

Thanks

lendusaquid

Anyone hear Martin on Radio 2 last week. At one stage he talked about running a 'dummy portfolio' and gave out a web address. Any ideas what that address was?

Many thanks

lendusaquid

debbie42

lendusaquid wrote: »

Anyone hear Martin on Radio 2 last week. At one stage he talked about running a 'dummy portfolio' and gave out a web address. Any ideas what that address was?

Many thanks

lendusaquid

There are some links to a recent radio 2 broadcast here.

I didn't listen, I'm afraid.

You can easily run dummy portfolios at
moneyextra
and
digitallook

Both require registration, but are free.