What is the best business to buy shares in at the moment and how do I do it?

Question

Im just a student, I'd be buying a small amount.

Answer 1

You should only use money that you can afford to wave goodbye to. You gotta know the markets and also be prepared to lose a huge wedge if you're going to make serious money. If youve only got a small sum to invest then you're probably best playingthe markets for fun,otherwise you'd be sticking it in a bank. Ifso then go with what your heart tells you - that's what i do. For instance i bought shares in carluccio's deli chain cos I thought the food there was fantastic!! They've since gone up about 30%! I like drinking in my local wetherspoons pub cos they've cheap beer, no loud music and you get decent food at a good price - the shares I bought there again have made about 50% in value! I got lost in the romance of highland timber however!!! There's a wee bonus that companies don't tell you about sometimes - if you hold the shares yourself (ie have the certificate and not have them held in trust by a holding company) then they often give you discounts on their goods etc. Sometimes you only need to hold one share to benefit. have fun, and don't take it too seriously with small sums

Answer 2

From reading your question, It sounds like you know very little about stocks and shares.

DON'T DO IT.

The stock market is very tricky to predict, and can result in loosing money. It is a lot easier to loose a lot of money than it is to gain a little money.

First of all, put your little amount of money in a savings account. Almost all savings accounts earn positive interest, so you earn a return on your money.

Head to a bookshop, and read some books on stocks and shares. This will advise you on how it all works, the vast array of factors you need to consider, and how to possibly anticipate things.

Third, only use the money that you are prepared to loose. That way, you won't feel to stressed if you do make a loss.

Answer 3

Put your money in oil young man. The world is running on it, Bush is killing Americans for it in Iraq and it is getting scarcer all the time.

Answer 4

BP have got to be a reasonable bet right now. Walk into your bank and ask them how much they'll charge to buy them for you.

Answer 5

Read some useful tips on stocks and investing on this site to help you with it

Answer 6

Be the first to answer this question

Answer 7

2pts!!!!!!!!!! ta