I want to buy and sell shares to see if I can make a profit. I don't want to invest anything more than £100. How do I go about doing this? Can I buy and sell shares on the internet? Which websites are the best?
2007-01-01 03:55:51 · 5 answers · asked by CTU 3 in Business & Finance ➔ Investing
There are many stockbrokers which allow dealing online if you feel comfortable with dealing online.Would suggest you do search for brokers.One i deal with is T.D.Waterhouse they charge £12.50 per trade plus stamp duty for online trades or £17.50 by phone.There are many others some cheaper Jarvis is one but cheapest is not always best.
Your mark of £100 is no problem there are many shares on London markets valued in pennies some less than 1p these are usually on Alternative Investment Market (AIM)or OFFEX but beware these can have higher risk.
I suggest you buy a copy of the SHARES mag (W.H Smiths) for much more info.Remember golden rule do not invest money in stock market which you can not afford to lose.Good source of info on net is AXL Perfomance Soloutions for company news etc.
&Reuters .Good luck and do the research before you invest.It can be rewarding & it can also be a bummer
2007-01-01 04:45:36 · answer #1 · answered by dink2006 3 · 1⤊ 0⤋
Buying & selling shares online is the easiest way to go, but if you can only handle small amounts, the commissions and fees are digustingly high.
If you have only small amounts to invest, I's strongly suggest buying a mutual fund, NOT individual shares.
Check out www.sharebuilder.com, for a company that allows you to buy fractions of shares in small increments. That may be something you want to consider.
2007-01-01 04:00:08 · answer #2 · answered by InspectorBudget 7 · 2⤊ 0⤋
Hi, i suggest a great site with plenty of Issues related to your Investing and everything around it. it also provide clear and accurate answer to many common questions.
http://investing.sitesled.com/
I am sure that you can get your answers in this website.
Good Luck and Best Wishes!
2007-01-01 11:59:17 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Check with http://moneycentral.msn.com/beginnerguide.asp?page=introduction
The same site can take you to all kinds of different research...
2007-01-01 04:28:38 · answer #4 · answered by jebediabartlett 6 · 0⤊ 0⤋
select KARVY.com
2007-01-01 04:06:52 · answer #5 · answered by aravindgkumar 1 · 1⤊ 0⤋