How can I invest in UK & US stocks?

Question

Could anyone tell me how I can do so? For example, any accounts I need to open, and documents I need to fill in.
Also, I would like to know about any capital tax and dividend tax I need to pay.

Answer 1

First I'll assume UK (and that you are over 18 and paying Tax in UK).

First you need to have a Bank or Building Society Account - if so, then ask your Building Society or Bank about a "Stocks & Shares ISA".

You can put in a max. of £7,000 per year and all gains are tax free (Dividend tax is paid by the Companies befor yyou gte the money = you can't recalim it anymore).


If you have more than £7,000 to invest this year, most Banks/Building Societies will open a 'normal' share dealing account almongside the ISA.

Their are also many 'share dealing only' comnpaines ..

Check out 'Fool' etc for best deals ..

NB> Avoid 'Financial Advisors' and Agents like the plague untill you have learnt enough to understand how they rip you off .. ESECIALLY don't get involved with any of the con-artists and scam merchants that post here :-) ... people with a Yahoo mail address are NOT members of major financial institutions

Day Trading, Spread Betting and Currency speculation is for peolle who can afford to loose every penny they 'invest' (and have about £100,000 to loose) .. and talking of 'pennies, DON'T get fooled into 'investing' in 'penny shares' (it's very easy for a share to drop a few pence .. if they start at 5p you don't have far to go before thy are worthless)

Finally, remember the world is full of people trying to part you from your money .. anyone who contacts YOU is on par with the double glazing and time-share salesman .. or is likley to be an out & out con-merchant (check out 'boiler rooms') or total scam artist (check out stock scams and penny share spammers)

Answer 2

If you make informed decisions and approach your penny stock investments with the same thoroughness that you’d use in your other investments, you too can unlock a whole lot of profit potential. Learn here https://tr.im/0SHkZ

It’s absolutely true that penny stock investors can make very quick gains. Synutra International, Inc. (NASDAQ: SYUT) is a great example of a penny stock. This dairy-based, nutritional-products company has jumped from a little Bulletin Board operation to a billion dollar corporation. The company finally graduated from Over-the-Counter status to the NASDAQ Stock Market bringing with it 113% gains in less than two months.

This happens all the time and it’s how some of the best investors in the world became the richest investors in the world. Buying some shares for pennies on the dollar and selling at $10 or $20 is possibly the fastest way from being a hobby investor to a super investor

Answer 3

I would go for some sort of collective investment, like a unit trust, oeic or investment trust to start with as you could lose a lot of money if you go at it on your own.
The halifax offer a great produst called the ISA investor and personal investment plan you just need to go into one of their branches and ask to see a PFA (personal financial adviser)

Answer 4

I went to my financial adviser in my local bank here in the U.S., she set me up right away. Depends on what you are investing in if you are to pay tax or not. For the U.K. you can go on line to any bank and probably for a fee they will invest for you. Alternatively you can go through the stock exchange.

Answer 5

I see you are interested in investing in the stock markets. Start trading stocks is as simple as opening a trading account at http://tradeking.optiontradingpedia.com with no minimum investment amount and then picking a stock for as low as $100 and then buy. You need to buy through a broker, there are no way around this. However, that simplicity is truly the wolf beneath the sheep's skin.

There are quite a number of things you need to learn before you can even start thinking of the stock markets ...

1. You need to understand how the stock market works and what it is exactly about.

2. You need to know what are the different styles of trading in stocks and shares.

3. You need to read about why so many people lose their shirts in the stock markets so that you can avoid their mistakes and also decide if this is a risk you want to take.

For all these issues and more, you can read about them from some of the articles that I wrote at http://www.mastersoequity.com/articles.htm

After you are adequately armed with the basic concepts and ideas, you need to know how to find profitable stocks to trade or invest in. You can do that the easy way by subscribing to stock pick services (example http://www.stockpickmaster.com ) or you can learn to use charting tools and softwares to find stocks with parameters that you can pre-define. (example http://worden.mastersoequity.com/).........

Remember, the slogan "Just Do It", Just won't do for the stock markets. If profiting in the stock markets is as simple as buying a single stock , then why are so many people still poor?

After you have all the above mentioned knowledge, you need to ask the following golden questions before you can decide whether a stock is worth buying or not :

1. Why are you of the opinion that this stock will rise?

2. Is your opinion valid in the first place?

3. When are you expecting it to rise? Can you hold on for that period of time or longer?

4. What is your expected entry price? After what price would your expected profit margin be too thin to enter upon?

5. Where is your expected stop loss point? What is your stop loss point based on? Where will you tell yourself that it is time to take a loss and get out?

6. Where is your expected profit taking point? What is your profit taking point based on?

7. Does the way you are buying the stock allow you to hold on until your expected profit taking point?

8. How much of your money should you dedicate to this one trade?

9. What is the level of primary, secondary and idiosyncratic risk you are undertaking when deciding how much of your fund to use?

10. What is your cashflow need? Does your cashflow needs allow you to hold the full lifetime of the stock?

After you are able to answer all these questions confidently, THEN you are ready to... PAPER TRADE your stock strategy. Yes, even at this point, you are NOT READY to trade for real. You should trade on PAPER for at least 6 months and become consistently successful BEFORE you take your stock strategy into real life.

Then.. you are ready to start... but there is still no guarantee of success as paper trading is very different from real trading. You will need another maybe 1 year or 2 trading very little money and be consistently successful BEFORE you are ready to increase your stakes.


So, as you can see, success in the stock markets is not easy at all the the less knowledge you have, the more risk you undertake. I lost hundreds of thousands in the stock markets before I become successful.

Take heed and good luck.


All in all, investment and trading is a lifelong education and non stop learning. No one is ever done learning and catching up with changes in the markets.

If you care to read about how I went from completely broke to retired millionaire trading stocks and options by 28 years old, you can go to http://www.mastersoequity.com/


In conclusion, what I am saying here is that trading stocks and investing for profit is a professional game that takes years and a lot of money to learn, so it is not something that someone in need of college fees should do ... now.... but you should certainly start to learn about it right now.

Hope these information helps.


http://www.optiontradingpedia.com/

http://www.mastersoequity.com/

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Answer 6

A common misconception is that you will have to be a financial and business expert in order to successfully trade binary options. However, this is not true at all. Learn here https://tr.im/4Lj0I

Perhaps it’s true when it comes to traditional stocks trading but definitely not true in the case of binaries. You don’t have to be an expert to predict the movement of certain assets.

Answer 7

http://www.newcreditpro.info/finance/stocks/

If you were to invest at this time you may want to look into currency trading, rather than stocks.

Answer 8

Contact an experienced advisor and ask him about ADR's. They allow you to invest US funds in international equities...