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Learning about stocks and shares

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  • Lokolo
    Lokolo Posts: 20,861 Forumite
    Part of the Furniture 10,000 Posts
    Um whats wrong with 8p noodles?
  • Toastie
    Toastie Posts: 389 Forumite
    Lokolo wrote: »
    Um whats wrong with 8p noodles?

    500+ calories. I'm fat enough as it is :P
    8,000 / 10,000 saved. Another 2,000 by April 2011!
  • spencer24
    spencer24 Posts: 11 Forumite
    Be very careful where do you invest your hard earned money in the current economic environment. The so called stable or low-risk companies might surprise everybody on the downside in the near future.
    Never spend your money before you have it. -- Thomas Jefferson
  • Are you looking to invest in funds or company shares (or something else?).
    There are a lot of sites where you can build a dummy portfolio and monitor performance.
    But nothing focuses you like having money at risk.
    I woulod go for a monthly drip feed to start with so you aren't hit by big fluctuations - you can be happy that your holding is growing or you are getting cheaper shares.

    There's no real answer as to how to start - do a lot of reading first.

    Remember to take into account dealoing costs which could make small investments unprofitable - but you wouold still learn.
  • Aegis
    Aegis Posts: 5,695 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Toastie wrote: »
    Aegis thank you for your advice.

    I'm not fussed too much about 50% movement, although up is always good.

    I've just read the Direct Gov site about unit trusts. They seem a good way, i don't want too much time spent on the shares because i'm not going to take it up for a living.

    I would probably be looking for a steady income from dividends with some chance of capital growth. (As this site says)

    But i think unit trusts are a good way to go and look like as you say good exposure to stock shares and everything new to me.
    Trustnet has a very good virtual portfolio manager that you can set up unit trusts and OEICs in. It also has an analyser tool that lets you know where your selection is weighted most heavily, and an indication of the expected volatility levels. Have a play with that for a while, read up a lot more here and in other places, and set up a dummy portfolio before you make your first purchases.
    I am a Chartered Financial Planner
    Anything I say on the forum is for discussion purposes only and should not be construed as personal financial advice. It is vitally important to do your own research before acting on information gathered from any users on this forum.
  • purch
    purch Posts: 9,865 Forumite
    Learning about stocks and shares

    and remember you will always be learning

    Never listen to anyone who claims to know it all, or have all the answers.

    Everybody who invests is learning all the time, every day is a new day.
    'In nature, there are neither rewards nor punishments - there are Consequences.'
  • Toastie
    Toastie Posts: 389 Forumite
    Thank you for all the replies; especially Aegis.

    I'm not sure i'll invest for a couple of months yet but i guess it will take that long to read up and learn the basics.
    8,000 / 10,000 saved. Another 2,000 by April 2011!
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