Hi I'm and interested in investing . I've been reading about the "Certificated service" on the Lloyds TSB website, and have a few questions since I'm quite new to it all:
>What are costs (apart from buying shares)- it says on the site "Buy or sell online using share certificates for just £27.50". It also says "No account fee and no fuss". What does this mean? Is the £27.50 the cost for starting investing or a regular payment?
>What's the biggest loss that I can make? I mean is there any way I can lose the money in my normal bank account (that I haven't invested) or is it that I'll only lose some/all of the money that I had invested?
>Is my basic understanding correct, that I purchase shares in a company that I think will do well, and when the price per share has risen, I sell them on for more?
Sorry if these questions are a little stupid. I'm only 16 and I want to do something useful with my EMA grant. Thanks! ^_^
2007-02-21
07:04:24
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6 answers
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asked by
Anonymus
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