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First Timer - buying shares

Hello.   I have absolutely no experience of buying shares.  I was issued some from my employment in a nationalised industry which was privatised back in the 1990s. Have kept them and enjoy the dividends.  With a bit of spare cash from not-spending,  I thought I'd like to buy some in one of my favourite places (Wetherspoons!!) - just for the fun of thinking "I own a bit of this" when I go in for a meal.  It would be a one-off, just a cash purchase.  Where's the best place to start please?  

Comments

  • eskbanker
    eskbanker Posts: 38,022 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Buying individual shares as an investment generally requires a decent amount of research into the companies you choose, but if it's just for a bit of fun with money you're happy to lose then that's a lower bar (no pun intended).

    Most mainstream platforms will charge for dealing and/or custody but in circumstances like this you might be just as well going to one like Freetrade....
  • Hi,

    for a  quick one off, have a look here, not used it but been recommended before.
  • sevenhills
    sevenhills Posts: 5,938 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    SueA said:
    Hello.   I have absolutely no experience of buying shares.  I was issued some from my employment in a nationalised industry which was privatised back in the 1990s. Have kept them and enjoy the dividends.  With a bit of spare cash from not-spending,  I thought I'd like to buy some in one of my favourite places (Wetherspoons!!) - just for the fun of thinking "I own a bit of this" when I go in for a meal.  It would be a one-off, just a cash purchase.  Where's the best place to start please?  

    You could open a SIPP and purchase here? Are you thinking a few hundred or a few thousand ££s worth?


  • ColdIron
    ColdIron Posts: 10,025 Forumite
    Part of the Furniture 1,000 Posts Hung up my suit! Name Dropper
    An HL SIPP would be one of the more expensive places to buy and hold a small number of shares. The annual fees are capped at £200 but at 0.45% pa this only kicks in at £44,444 which I suspect is somewhat above the level that the OP is considering
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