Easiest and cheapest way to buy shares in one company

col81

I think as a 5 year investment they are a good thing. The old fleet has gone. They will only go upwards. If i lose it all i lose it. It is a small investment.

bowlhead99

col81 said:

I want to invest in some shares. I won't be paying my debts as seen as they are un enforceable

They are completely 'enforceable', as they can demonstrate that you owe them money (they have a copy of the credit agreement and you acknowledged recently that you owe them the money by making some payments towards it), so they can just ask the county court for a CCJ for all the money you owe them, plus costs, and they can do that at any time in the next few years.

In practice, you might not need to pay it and could simply sit there with your head in the sand and have the new judgement against you for the next six years before it falls off your record. So in that sense, their attempt to 'enforce it' may come to nothing, if you simply put your head in the sand and take the bad credit for another six years (making credit more expensive or difficult to get for a good chunk of your life). But if the new CCJs mean you end up with a higher interest rate on your mortgage when you were hoping that your credit would clear up, allowing you better rates, that could be quite expensive.

For example, if they just get a CCJ and you don't pay it off - you may be sitting there thinking 'haha, i got away with it and they never enforced the debt, I haven't needed to pay them' - if your bad credit means you need to pay an extra percent on a £100k mortgage for a couple of years, that's already £2k of cost.

Back on topic, as mentioned by others, the best platform for buying shares depends on which shares you are looking to buy on what stock exchange

eskbanker

col81 said:

British Airways

You can't buy shares in BA as such but the parent group, IAG, is listed.

If you're looking for comparative cost info on brokers, there are various sites allowing you to model costs, based on choice of wrapper, investment type, frequency, etc, so plug your numbers into sites such as:

http://monevator.com/compare-the-brokers/

http://www.comparefundplatforms.com/

https://www.boringmoney.co.uk/calculator/

However, collective investments such as funds are generally more suitable (in terms of managing risk via diversification) than individual shares when starting out on your investment journey....

Gadfium

col81 said:

I want to invest in some shares. I won't be paying my debts as seen as they are un enforceable

col81 said:

My debt will be taken care off i am in the process of paying them off in full i have had unexpected help 

col81 said:

Been on with Stepchange for years, cancelled them to self manage my debt. I requested the CCA they have sent a photocopy of it. They have sent me a letter saying i need to call them or they will look to give a CCJ. I owe £1200 to them and offered £300 full settlement. I haven't paid them for 3 months. 
I have a default from 5 1/2 years ago waiting to drop off my file. I don't want a CCJ as i am trying to get straight. Any ideas or should i set up a payment plan? will they get a CCJ or is this just a threat? in the ideal world i want a low settlement 

The debts are unenforceable but at the same time you are paying them off in full whilst offering £300 to settle a £1200 fine, and you also have what appears to be a history of not fulfilling your obligations. Niiiice.

pallyman

col81 said:

I want to invest in some shares. I won't be paying my debts as seen as they are un enforceable

col81 said:

My debt will be taken care off i am in the process of paying them off in full i have had unexpected help 

So which one is it.

MaxiRobriguez

My guess is it's the former, and the "unexpected help" doesn't exist and was actually a means to get people to actually talk about the initial request of cheapest way to invest.

The problem with perpetual bad decision making is that it gives karma more chances to show up.

Pay the debts.

csgohan4

From going from not paying off loans to dumping money into a risk share is mind boggling. Why not go to a casino and bet red every time

jimjames

I use iWeb, £5 per trade. There are cheaper options but I wouldn't know about reliability