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Understanding share prices

First off I fully appreciate that buying individual shares is high risk and it's not something that I want to get into - in part due to me obviously not understanding the basics I'm also risk averse.
My Husband on the other hand has more interest but not the knowledge (not sure he realises the latter :smile: ). He has always fancied Games workshop shares, I do know that had we have invested years ago it would have been a good buy.
Today or yesterday the price was 8530 is this £85.30 a share?

Thank you 

Make £2023 in 2023 (#36) £3479.30/£2023

Make £2024 in 2024...
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Comments

  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Yes it's £85.30p
  • wmb194
    wmb194 Posts: 4,291 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Yes, shares listed in London are quoted in pence ("GBX"). As I type GW's shares are being offered at 8665p to buy and 8660p to sell.
  • csgohan4
    csgohan4 Posts: 10,600 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper Photogenic
    edited 17 July 2020 pm31 3:28PM
    you are annabanana82 said:
    First off I fully appreciate that buying individual shares is high risk and it's not something that I want to get into - in part due to me obviously not understanding the basics I'm also risk averse.
    My Husband on the other hand has more interest but not the knowledge (not sure he realises the latter :smile: ). He has always fancied Games workshop shares, I do know that had we have invested years ago it would have been a good buy.
    Today or yesterday the price was 8530 is this £85.30 a share?

    Thank you 

    you are correct

    http://tools.morningstar.co.uk/uk/stockreport/default.aspx?SecurityToken=0P00007OC9]3]0]E0WWE$$ALL

    However generally don't invest in something you haven't researched. As with investments of this type, you can lose as well as gain. Best to invest long term and in a fund which covers your requirements

    https://monevator.com/

    above is a good starting point
    "It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"

    G_M/ Bowlhead99 RIP
  • Thank you, even being right doesn't make me more inclined to think it's a good idea.
    I'm fairly certain that once my Husband goes back to work he will look into investing, I'd be inclined to spread the risk with funds but I'm not so sure about my Husband.
    Games workshop is a hobby of his so he's very familiar with the brand, it would be a long term investment but it would be more about what the shares are rather than the investing. 

    Despite being risk averse myself I have thought that I need to be more savvy with making my money work so I'll give the monevator a good read.
     I've got lots of pots doing very little. The biggest is sat in premium bonds in case we decide to pay off the mortgage in three years time so not suitable for investing.
    Make £2023 in 2023 (#36) £3479.30/£2023

    Make £2024 in 2024...
  • coachman12
    coachman12 Posts: 1,069 Forumite
    1,000 Posts Name Dropper Photogenic
     I'm not so sure about my Husband.

    I'm not so sure about my wife but I've kept her longer than all our shares  :)
    Seriously, Anna, IMHO ,if you don't know much about the markets, don't mess around in them. If you have plenty of time to research----both about general share-dealing basics AND the intricate details of the companies that take your eye------ then you should be in a position after some time (if you have enough capital so that disaster on the markets will not ruin your life) to proceed to the buying stage. There is such a lot to learn before it's wise to invest if you have no adviser or if you are using money you can't afford to lose. Good luck to you and hubby.
  • 83705628
    83705628 Posts: 482 Forumite
    100 Posts Name Dropper First Anniversary
    Buffett's advice is if you don't know how to invest buy index funds, if you understand securities analysis go ahead and invest in companies you understand but be aware there's a big difference between liking something and it being a sound investment.
  •  I'm not so sure about my Husband.
    I'm not so sure about my wife
    Have you considered diversifying? ;)
  • csgohan4
    csgohan4 Posts: 10,600 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper Photogenic
    edited 17 July 2020 pm31 5:30PM
     I'm not so sure about my Husband.
    I'm not so sure about my wife
    Have you considered diversifying? ;)
    Depends on his risk appetite and if they would get caught, but he could consider more China based if his portfolio allows
    "It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"

    G_M/ Bowlhead99 RIP
  • coachman12
    coachman12 Posts: 1,069 Forumite
    1,000 Posts Name Dropper Photogenic
    edited 17 July 2020 pm31 9:50PM
     I'm not so sure about my Husband.
    I'm not so sure about my wife
    Have you considered diversifying? ;)
      Diversify for a new Chinese wife  
  • If your interested in dabbling, then you could try trading212.  If you sign up from a referral link and deposit a pound, you can earn a free share worth up to £100.  In reality, it will probably be an £8 share like National Grid, or Under Armour.

    That, or open up a practice account with them(or somewhere else).  I think they say in reality that 70% of retail investors lose money, and in reality if you are thinking of investing, then pick a cheap tracker fund.  Vanguard Lifestrategy are popular as an example.
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