Strongly suggest you contact a broker (known in trade jargon
as a commission House) where he works and get full information
from him. He will ask you what amount you are thinking of
investing, and advise you of the ups and downs of the market.
If you have a friend that works with the trade, better for you as
both you and he will be able to talk at ease. There are all kinds of
investments, soft commodities which are mainly agricultural
products such as, sugar, coffee, cocoa only to mention a few.
The hard commodities are metals, gold, platinum, silver, copper
and then there are currencies, which also include interest rates.
Now there are options, which I will not go into otherwise I would
have to write a book online. Your friend will explain. In London
the market is known as FTSE (futures trade stock echange) and
you will find this in the yellow pages. There are also arbitrations,
which are currency differentials. So, you can tell from this very short explanation, that it is a complex and highly competitive market so good advice is essential. But you do have have the
option of placing your funds with a bank, since most do have
their own trading funds and apply them in the best way possible,
and for this speak to your manager, who will explain the whole
deal with you. Do not go directly to a floor broker (the guys who
shout on the trading floor) since he may take you for a nasty ride.
I am not saying that they are all dishonest but some do take their
personal interests as priority.
Given this short explanation, I think the best option you could
take for starters, would be to place your cash with a bank that
you trust and allow them to place your investment in a "trading
fund". Most large banks have e separate division. The advantages
of this move, would be to follow the market for a while until you
get to know the ups and downs that come with it. Most banks
will require a minimum sum, so you will have to shop around until
you find one that suits your purpose. The reason I mention a bank,
is that trading goes on all over the world and they will place the
funds in the safest way possible. I am not mentioning all options
such as arbitrations, inter-market options and others like futures,
profit taking and stop-loss since it may be quite confusing unless
you are already quite well informed. But your bank knows and the
tendency of bank returns is lesser, both on the upside as on the
downside, than if you go to the market directly through a broker
or commission house personally. Goldman Sachs are, perhaps,
the best bet, since they have been through both very rough and
good times and survived very well, but the minimum with them
would be rather a larger sum than most others.
To end this information, go to your trusted bank and ask them
what to do. Best of luck to you pal, I used to work in this market
internationally so I have some experience on the issue. Iain
2006-12-22 00:55:41
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answer #1
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answered by Ricky 6
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The best place to open a account with a Broker, i would recomend not useing a online broker as it is very hard to keep track of your shares depending which shares you buy.
So I would open a account with a personal stock broker for example Redmayne-Bentley as they can can help you keep track of your investments and you can be sent monthly valuations and can answear questions which you might have unlike online brokers.
A good point is that they have won awards with Investors Chronicle for many years,
I Hope this helps
2006-12-23 02:49:13
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answer #2
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answered by Anonymous
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UK ?
I buy from a branch of HSBC.
Pick up a leaflet from your bank - welcome to the club - better than having money on deposit - my investment is up 70% this year but has been boosted by a free share windfall. Even without that its 30% + and I do not touch high risk shares. Good luck
2006-12-21 23:59:56
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answer #3
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answered by Daddybear 7
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Depends wether you looking to do within an ISA or in general. ISA's the best buy ones are on money-news.co.uk http://www.money-news.co.uk/guides/best-buy-isas/default.aspx
For other shares your bank will have a share buying service where they'll charge you a fee.
2006-12-22 00:01:52
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answer #4
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answered by Anonymous
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You need to open an account at a stock brokerage firm. Schwab, Ameritrade, Fidelity, and many others will do this. You buy shares through the brokerage firm, who takes a fee or commission for their service.
2006-12-21 23:56:09
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answer #5
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answered by fcas80 7
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The two easiest that I know of, personally, are scottrade and sharebuilder. Commissions are cheap. Minimums are cheap too. You can do it online. You are able to trade just as soon as the money clears. With sharebuilder, it is an effortless thing of periodic automatic withdrawal payments to the stock or fund of your choice. If you are into funds, most examples I've run into, Scottrade will get you in with no commission. Good luck.
2006-12-22 01:27:50
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answer #6
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answered by Rabbit 7
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U can buy shares from a share broker or any financial consultant, before u buy shares, u should know the company, about financial deatails, product, future, and many things involve in this.
before u take any decision to take shares. u should know all that things of that parcitular company
2006-12-21 23:56:54
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answer #7
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answered by chandrat 1
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If you want to make money with binary options then this detailed educational articles and strategy guides. Go here https://tr.im/e5FOQ
These will teach you to efficiently trade financial assets and increase your winning probabilities. You can implement these strategies at binary options brokers. The idea is to always choose legit and reputable brokers to avoid being scammed
2016-02-15 10:43:52
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answer #8
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answered by Anonymous
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choices are aplenty when it comes to investing... one such is currency trading and available in 24 hrs a day... take a look at www.fxcm.com for example... There are also many systems available in the market to provide tips as well but do observe their terms and conditions.. take a look at http://www.prosignal-forex.com/index.php?ref=1342 for example. hope this helps!
2006-12-24 04:38:49
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answer #9
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answered by Anonymous
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try 'this is money' as a starter gives you all the share history and prices
2006-12-21 23:54:19
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answer #10
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answered by Anonymous
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