We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
We're aware that some users are currently experiencing errors on the Forum. Our tech team is working to resolve the issue. Thanks for your patience.
Son wants to buy shares
Comments
-
From a pure numbers perspective, the most logical thing to do is to put money into a passive tracker fund.
However, it can be fun to buy individual shares. That can be a great way for people to start getting interested in the stock market, and is a perfectly rational thing for people to do if they are happy to take risk.
While an individual share could easily triple in value, it could also go to zero. He can at least mitigate that risk by buying a few different shares in different industry sectors.
I'm not sure it is even possible to get a share certificate these days, unless you are investing in a private company. Your son will have to buy through a broker. https://www.share.com or https://www.iii.co.uk are good places to start. Something like £15 per trade would be a reasonable price to pay.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.5K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.4K Work, Benefits & Business
- 604.2K Mortgages, Homes & Bills
- 178.5K Life & Family
- 261.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards