I would like to buy them in specific companies, but don't know where to start. What would be a realistic minimum amount to invest?
2007-01-16 08:33:47 · 9 answers · asked by Oracle Of Delphi 4 in Business & Finance ➔ Investing
You need to go through a broker (your bank will do this, or there are lots of phone/online brokers around).
When you buy shares you pay the broker a fee, you also pay this when you sell so consider this when you think about how much you invest. If the fee is £20 each time, you have to make a profit of over £40 on the shares before it's worth doing so your min. investment needs to be appropriate.
That said there is rarely a minimum investment so anything from £20 up would be accepted by the broker.
2007-01-16 08:41:58 · answer #1 · answered by evilted_2 2 · 1⤊ 0⤋
Get an online brokerage account with Fidelity or other site that offers a lot of extra info on investing. Put a couple thousand dollars on deposit with them in a money market account that pays interest. As you study the market, you will be able to buy shares based on the best knowledge you can put together. Generally the best way to buy is 100 share blocks. If you don't have enough to do that in the beginning, you might want to stick with a fund or two.
2007-01-16 08:43:09 · answer #2 · answered by united9198 7 · 1⤊ 0⤋
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2015-01-25 01:00:14 · answer #3 · answered by Anonymous · 0⤊ 0⤋
through a broker and start by buying 1000 shares low priced but study the company first and ask the broker for his comments but you dont have to act on them//Always remember the old saying they go down as well as up
2007-01-16 08:40:22 · answer #4 · answered by srracvuee 7 · 1⤊ 0⤋
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2016-02-15 18:48:54 · answer #5 · answered by Lyndsey 3 · 0⤊ 0⤋
It is how you see your share investment. If you see it like a long term investment and you dont need any money for short term, you can invest more money. If you want to risk it is better to risk less amount of money. Its also matter of basket. How much money do you have in your basket and how many companies do you have in the basket. The most trustworthy company should get more part of the basket and vica versa.
2007-01-16 08:40:32 · answer #6 · answered by asvanfunda 2 · 1⤊ 1⤋
My husband uses TDAmeritrade and tries to buy/sell 100 shares or more to help offset the trading fee.
2007-01-16 08:41:36 · answer #7 · answered by parsonsel 6 · 1⤊ 0⤋
You should open an investment account with an investment firm. You can go online and do it yourself, or you can check in the yellow pages for a local investment professional.
2007-01-16 08:45:38 · answer #8 · answered by derek 4 · 1⤊ 0⤋
I use Scottrade.com. You need at least 500 dollars to start. Then you just pay 7 dollars per trade. Easy as can be.
2007-01-16 09:50:57 · answer #9 · answered by en tu cabeza 4 · 1⤊ 0⤋
$600.00 USD at SogoInvest.
2007-01-16 08:51:14 · answer #10 · answered by Anonymous · 1⤊ 1⤋