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  • jaws1
    jaws1 Posts: 5 Forumite
    laxton74 wrote: »
    Sorry for asking this, must seem a stupid question, but how do you trade online. Do you pay at the end of the trading month, or do you pay each time you trade.

    If the former, it would seem that as long as you buy and sell before the end of the month, you need not have any money!

    Is this correct, or am I thick.

    Its depend on on your trade if u bought t3 or to t10 .What it means you do not pay for trade untill 3 working days or 10 days if T10 settlement.but if you have to have cash in account clear on that day or you will be charge interest .
  • ricll
    ricll Posts: 115 Forumite
    jaws1 wrote: »
    Cal looks good at 39.5 .

    but doesn't look like they are gonna recover anytime soon i guess considering their business (property)
  • jaws1
    jaws1 Posts: 5 Forumite
    ricll wrote: »
    but doesn't look like they are gonna recover anytime soon i guess considering their business (property)
    Nothing looks like going to recover yesterday and i am hoping for 4 p.will see what it does.some property are at cheap price only for trade not for long term.
  • spalding
    spalding Posts: 925 Forumite
    I am considering buying a certain number of shares. (possibly Lloyds TSB)

    I want to buy about £100 worth of shares, and keep them in the long term.

    I am a student at the moment, and would like to have something to put in my 'porfolio' as i hear being menstioned here on the forums.

    I have read the article, and think commison based would be best.

    What would be advised?

    Thanks

    EDIT: Hoodless Brennan seem to be at the forefront. Are they still the cheapest, i.e £8 for buying shares?

    Have you looked at a share builder account halifax or iii not live trade but if your only investing a small amount and maybe adding to in time might be a idea trades only £1.50
  • Just a quick question regarding shares, say if I was to buy some shares using iii, would I always have to use iii to sell/monitor them?

    Can I 'move' them elsewhere? Say for example to Hoodless Brennan later?
  • sabretoothtigger
    sabretoothtigger Posts: 10,036 Forumite
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    You own the shares if not the certificate so you can transfer the nominee account elsewhere and many companies would cover any fees associated with that
  • Truly.Yours
    Truly.Yours Posts: 43 Forumite
    edited 9 April 2009 at 11:16PM
    You own the shares if not the certificate so you can transfer the nominee account elsewhere and many companies would cover any fees associated with that
    Would I be charged more fees for transfering?
    Say £8 a trade again?
    EDIT: Thanks for replying.
  • Only through my own experience and it may be very wrong generally, but when I went from a trading account to a self invested ISA, I had to sell my shares then buy them again. This was even although I was staying with the same firm (the share centre). I dont know if this is the norm though.
  • sabretoothtigger
    sabretoothtigger Posts: 10,036 Forumite
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    Thats because its an isa I think, you can get a certificate for a fee without selling and so on

    Depends on the company truly but many would make sure you pay zero costs
  • cloud_dog
    cloud_dog Posts: 6,326 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Only through my own experience and it may be very wrong generally, but when I went from a trading account to a self invested ISA, I had to sell my shares then buy them again. This was even although I was staying with the same firm (the share centre). I dont know if this is the norm though.
    Affraid you are confusing two different aspects.

    You cannot transfer investments in to an ISA (you must sell and re-buy) due to tax reg's.

    Re Truly.Yours tranferring to another provider; you are likely to find the broker will charge £10 for each transfer (investment holding).
    Personal Responsibility - Sad but True :D

    Sometimes.... I am like a dog with a bone
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