Share Dealing Discussion Area

sabretoothtigger

no commission on international shares but not nyse etf!

http://www.halifax.co.uk/sharedealing/Product_landing_pages/international_trading_offer.asp?source=nethsdlspon


Might be useful for anyone buying this week who isnt sure of the price, you could buy a bit every day till friday maybe and not worry about the commission stacking up.
They'll charge you £17.95 to sell afaik which sounds a bit steep, slightly better when halved in comparison though

sc0ttyb0y

Started dabbling in shares myself back in April as i had savings getting very little interest .

Wish i had started doing it earlier ,up 4k already ,had i left it in an account ,would have been lucky to get £200 in interest .

It's not for everyone ,also ,only put in what your prepared to lose .

koalaroo

Does anyone know how long it takes Halifax share dealer to credit a dividend to an account

cashbackproblems

Can anyone help me out, i have been doing some more research and not sure how dividends are calculated. Firstly do all of ftse 100/250 firms pay dividends and how do you find this info out?

Secondaly if i invested £500 for example in an Oil company (the sector im looking into) how much per yr would i get?

Finally shares in non ftse 100 companies sell for alot less e.g. 2/3p per share, isnt it more worthwhile to invest in these as theres more chance of a rise and you would make higher dividends?

sciencegeek

Not all companies pay dividends you need to carry out some easy research to find out who does and does not pay a dividend.

To do this you first need to decide on a share you are interested in...for example BP (as you mentioned the oil sector).
Its easiest if you find out what their code is first (this is just a shortened name for the company that will save you some typing). Convieniently the code for BP is simply 'BP'. (other examples - the code for glaxosmithkline is 'GSK')

Now that you know which company you are interested in go to a website that gives you information (often a stockbroker site). I will use hoodless brennan as my example www.hoodlessbrennan.com

type in the company name or their code into the search box and hit return.
if lots of similarly named companies are listed have a look through till you see the correct company and click on it.

you should now see a page that lists all kinds of information about that company such as its yearly profit/loss, how much money they make per share, how much they pay as a dividend, when those dividends are paid out etc.

if you like what you see you can then think about buying some.

hope this helps.

sciencegeek

oops.... forgot to say. If you invested £500 for a year in a company paying a 5% dividend yield you would expect to make approximately £25, this is likely to be paid in several installments (called interim and final dividends) and would be subject to tax.

The 5% value is not absolute, it may change over the year as its just a guide based on the price of the share i.e. if the share price halved the dividend would double (as a percentage) but of course you have lost half your capital.

Dont forget to allow for trading costs (£8 to £10 to buy and same to sell) and stamp duty (0.5%).

As for cheaper shares, they may be more likely to rise in value but they are also more likely to fall in value. Dont invest on the basis of the price... invest on whether that price represents good value (do research to find that out).

Biggles

sciencegeek wrote: »

oops.... forgot to say. If you invested £500 for a year in a company paying a 5% dividend yield you would expect to make approximately £25, this is likely to be paid in several installments (called interim and final dividends) and would be subject to tax.

Any quoted dividend, eg 5%, however, is already quoted net of tax (unless you're a higher-rate taxpayer).

moneymouth77

I'd be very careful with the shares game! I mean, there's nothing wrong with a bit of investment, just make sure you know exactly what's going on, what you can do and what your options are. The last thing you want to do is not be sure where your money is, or what you can do to increase it.

honey22_2

I have had an account with HB for a little while now but have recently had mail that indicates that they are pulling out of the Execution only online trading market. They are transferring customers to TD Waterhouse. Having read the terms and conditions I'm not sure I like their Pooling arrangements for stock and cash - Does anyone know of any alternatives? (hopefully with reasonable dealing charges and reasonable transfer fees)

Peter69

I've also had a HB account for some time. I found thier service excellent, cost effective and easy to use.

They are now transfering thier execution business to TDWaterhouse.

Although they have agreed to fix thier charges @£8 (or £6) there appears to be some major differances. Looking at thier standard charges, which I'm sure we would be paying after a year, they appear quite a bit more expensive then HB. I don't like the Admin fee of £11.50 for inactive accounts or the very high phone dealing charges (£20-£100). Also are these charges +15%VAT? On top of this they only have an 0845 contact number which is a pet hate of mine (way can't these be included in your mobile bundle?).

Therefore, I am looking for an alternative brooker. It is a shame HB want out of this market as they will also loose my advisory account, I wouldn't want my shares all over the place.

Any help would be great.