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Investing in stocks & shares

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As interest rates are becoming so poor on savings accounts, it may perhaps be time that we start investing in stocks & shares. I would like to share my experience in case it helps anyone. (For tho… Read More
mutley1 Avatar
9m, 2d agoPosted 9 months, 2 days ago
As interest rates are becoming so poor on savings accounts, it may perhaps be time that we start investing in stocks & shares.

I would like to share my experience in case it helps anyone. (For those sceptics, you don't have to invest, this is not compulsory.)

I started to invest in stocks & shares about 2.5 years ago as I saw that my OH was making huge profits and thought I should try. Since then I have made £40,000 net profit (and before those sceptics say this is boasting, I am putting numbers into context). If I had put the money into a savings account, I would have made a net figure of about £2,000.

Understanding stocks & shares investment is not as daunting as it may appear. It is certainly not rocket science. And it is a myth that stocks & shares investment are only for the rich as you can buy stocks with as little as £100. And certainly with a pot of £5,000 or £6,000 that people have in their cash ISAs, that is more than enough to start.

I always poo poo shares in the past as I don't like to take risks and did not want to lose my hard earned cash, but now that I am a seasoned investor, stocks & shares are not as risky as you may think. There are risky options for those that want to take high risks for high rewards, but for those that want low risk, like me, in exchange for just a decent reward over and above savings interest rates, there are safer options.

Fees are not expensive either. Hargreaves Lansdown's fees for funds are generally 0.45% of the fund value per annum, but capped at £45 a year for ISAs and capped at £200 a year for SIPP (self invested personal pension plan). You pay £11.95 for each trade, so hardly going to break the bank.

If you look at your pension provider fees, it will be more than 0.45%. It will be 0.7% to 1% of the fund value and you will find that you are put into a default investment option, which includes some form of share investment already.

Read up about investment in shares and start small. There is always something to learn. Investing in shares does not always have to mean that you lose money. Investment in shares are also very tax efficient in comparison to savings interest if you are a high rate tax payer.

You need to be able to choose safe funds and you need to be able to stay in for at least 5 years, which suits personal pensions and ISA investments or those that invest in 5 year savings accounts.
mutley1 Avatar
9m, 2d agoPosted 9 months, 2 days ago
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#2
So you're saying that if you have funds available and if you invest well you can make money with stocks?
1 Like #3
HotEnglishAndWelshDeals
So you're saying that if you have funds available and if you invest well you can make money with stocks?

I never invested in stocks before as I was afraid of losing my money and you always hear of horror stories about people losing all of their money. I have lost money myself through having single company shares that were given to me.

However, with some understanding of what funds are available and following the returns on the fund, it is not difficult to make money from stocks & shares and it will become a big source of income for me going forward.

If you don't mind locking your money in for 5 years when the going gets tough, but more than likely you'll be tied in for less than this, stocks & shares will always outperform the current measly savings rates that are on offer.
#4
I invest into my company share scheme every month :)

My son has just started a national competition in his business studies class to get the most out of a £100 investment
1 Like #5

that is a thread aimed at those who already invest in shares as it is a transfer of existing funds. this is a thread aimed at those who have not invested in shares and may be interested.
3 Likes #6
Step 1, have money
#7
Hargreaves Lansdown's

Are you on commission or something? :|
1 Like #8
splatsplatsplat
Step 1, have money

I think there are plenty on here who has money from the amount of money they spend on high ticket items.
#9
deeky
Hargreaves Lansdown's
Are you on commission or something? :|

No. But I find that they are the cheapest provider for share accounts and someone that I would trust my money with as the provider goes under, god knows the complications of getting your money back as stocks & shares are not protected by the savings protection if the provider goes under.
5 Likes #10
http://thecookinggeek.com/wp-content/uploads/2011/03/pinch-of-salt.jpg
1 Like #11
I also use Hargreaves Lansdowne and suggest a variety of funds with low costs as I also achieve decent returns this way. I also manage my pension with some success through them.
#12
I find that investing in Greene King makes me feel comfortable. ;-)
#13
Not sure too many people will find the initial post very clear if they are not used to investing in this way
#14
SidSnot
I find that investing in Greene King makes me feel comfortable. ;-)
The only returns I ever got from them were **** poor.

Edited By: BeerDrinker on Oct 25, 2016 19:18
#15
I use axa - there was/is an MSE offer on. Only have funds, not stocks, but for people who haven't a clue like me its more fire and forget and easier to get a balanced portfolio.

I also use moneything and ablrate p2p lending sites, happily earning 10%+, also worth doing ratesetter for the £100 bonus.
2 Likes #16
mutley1

As interest rates are becoming so poor on savings accounts, it may perhaps be time that we start investing in stocks & shares.
I would like to share my experience in case it helps anyone. (For those sceptics, you don't have to invest, this is not compulsory.)
I started to invest in stocks & shares about 2.5 years ago as I saw that my OH was making huge profits and thought I should try. Since then I have made £40,000 net profit (and before those sceptics say this is boasting, I am putting numbers into context). If I had put the money into a savings account, I would have made a net figure of about £2,000.
Understanding stocks & shares investment is not as daunting as it may appear. It is certainly not rocket science. And it is a myth that stocks & shares investment are only for the rich as you can buy stocks with as little as £100. And certainly with a pot of £5,000 or £6,000 that people have in their cash ISAs, that is more than enough to start.
I always poo poo shares in the past as I don't like to take risks and did not want to lose my hard earned cash, but now that I am a seasoned investor, stocks & shares are not as risky as you may think. There are risky options for those that want to take high risks for high rewards, but for those that want low risk, like me, in exchange for just a decent reward over and above savings interest rates, there are safer options.
Fees are not expensive either. Hargreaves Lansdown's fees for funds are generally 0.45% of the fund value per annum, but capped at £45 a year for ISAs and capped at £200 a year for SIPP (self invested personal pension plan). You pay £11.95 for each trade, so hardly going to break the bank.
If you look at your pension provider fees, it will be more than 0.45%. It will be 0.7% to 1% of the fund value and you will find that you are put into a default investment option, which includes some form of share investment already.
Read up about investment in shares and start small. There is always something to learn. Investing in shares does not always have to mean that you lose money. Investment in shares are also very tax efficient in comparison to savings interest if you are a high rate tax payer.
You need to be able to choose safe funds and you need to be able to stay in for at least 5 years, which suits personal pensions and ISA investments or those that invest in 5 year savings accounts.

I see you mentioned about earning 2000 if put in saving account. At 2% saving rate over 2.5 years suggest you had a starting capital of 40000.

Since you have doubled your money in 2.5 years that about 30% return per year.

The rate which put any world class fund manager to shame.

I like to know the secret of your success (I'm very serious here).

Edited By: Palwan on Oct 25, 2016 19:29
2 Likes #17
Palwan
mutley1

As interest rates are becoming so poor on savings accounts, it may perhaps be time that we start investing in stocks & shares.
I would like to share my experience in case it helps anyone. (For those sceptics, you don't have to invest, this is not compulsory.)
I started to invest in stocks & shares about 2.5 years ago as I saw that my OH was making huge profits and thought I should try. Since then I have made £40,000 net profit (and before those sceptics say this is boasting, I am putting numbers into context). If I had put the money into a savings account, I would have made a net figure of about £2,000.
Understanding stocks & shares investment is not as daunting as it may appear. It is certainly not rocket science. And it is a myth that stocks & shares investment are only for the rich as you can buy stocks with as little as £100. And certainly with a pot of £5,000 or £6,000 that people have in their cash ISAs, that is more than enough to start.
I always poo poo shares in the past as I don't like to take risks and did not want to lose my hard earned cash, but now that I am a seasoned investor, stocks & shares are not as risky as you may think. There are risky options for those that want to take high risks for high rewards, but for those that want low risk, like me, in exchange for just a decent reward over and above savings interest rates, there are safer options.
Fees are not expensive either. Hargreaves Lansdown's fees for funds are generally 0.45% of the fund value per annum, but capped at £45 a year for ISAs and capped at £200 a year for SIPP (self invested personal pension plan). You pay £11.95 for each trade, so hardly going to break the bank.
If you look at your pension provider fees, it will be more than 0.45%. It will be 0.7% to 1% of the fund value and you will find that you are put into a default investment option, which includes some form of share investment already.
Read up about investment in shares and start small. There is always something to learn. Investing in shares does not always have to mean that you lose money. Investment in shares are also very tax efficient in comparison to savings interest if you are a high rate tax payer.
You need to be able to choose safe funds and you need to be able to stay in for at least 5 years, which suits personal pensions and ISA investments or those that invest in 5 year savings accounts.
I see you mentioned about earning 2000 if put in saving account. At 1% saving rate over 2.5 years suggest you had a starting capital of 40000.
Since you have doubled your money in 2.5 years that about 30% return per year.
The rate which put any world class fund manager to shame.
I like to know the secret of your success (I'm very serious here).

http://i.imgur.com/JkJpiZd.jpg

Hmmm. Good point. Come on mutters, let's have it X)
#18
why go further and make quicker money with less fees and zero commission go into forex mo fees to pay and around a few pips spread..I tried both did my research into shares and bought into a telcoms company called Marconi in around 1999/2000 company was in business for over 150 years and seen as it looked like stuff like broadband and line rental was going to increase which it has since then lost all my money within a few weeks and after a few years got a letter from broker asking me for more money as the few quid left over after the company went bust they wanted charge me the yearly fees like u said which know weren't covered by the intial money I put In problem with shares is they are quite slow and research into companies is quite useless as say the wlvery next day company may got bust like woolworths bhs little woods etc etc. to cut ur losses and u can't use stops and stuff so why not trader forex which would be better than shares that way u don't need worry about fall pound prices either.
#19
Palwan
mutley1

As interest rates are becoming so poor on savings accounts, it may perhaps be time that we start investing in stocks & shares.
I would like to share my experience in case it helps anyone. (For those sceptics, you don't have to invest, this is not compulsory.)
I started to invest in stocks & shares about 2.5 years ago as I saw that my OH was making huge profits and thought I should try. Since then I have made £40,000 net profit (and before those sceptics say this is boasting, I am putting numbers into context). If I had put the money into a savings account, I would have made a net figure of about £2,000.
Understanding stocks & shares investment is not as daunting as it may appear. It is certainly not rocket science. And it is a myth that stocks & shares investment are only for the rich as you can buy stocks with as little as £100. And certainly with a pot of £5,000 or £6,000 that people have in their cash ISAs, that is more than enough to start.
I always poo poo shares in the past as I don't like to take risks and did not want to lose my hard earned cash, but now that I am a seasoned investor, stocks & shares are not as risky as you may think. There are risky options for those that want to take high risks for high rewards, but for those that want low risk, like me, in exchange for just a decent reward over and above savings interest rates, there are safer options.
Fees are not expensive either. Hargreaves Lansdown's fees for funds are generally 0.45% of the fund value per annum, but capped at £45 a year for ISAs and capped at £200 a year for SIPP (self invested personal pension plan). You pay £11.95 for each trade, so hardly going to break the bank.
If you look at your pension provider fees, it will be more than 0.45%. It will be 0.7% to 1% of the fund value and you will find that you are put into a default investment option, which includes some form of share investment already.
Read up about investment in shares and start small. There is always something to learn. Investing in shares does not always have to mean that you lose money. Investment in shares are also very tax efficient in comparison to savings interest if you are a high rate tax payer.
You need to be able to choose safe funds and you need to be able to stay in for at least 5 years, which suits personal pensions and ISA investments or those that invest in 5 year savings accounts.
I see you mentioned about earning 2000 if put in saving account. At 1% saving rate over 2.5 years suggest you had a starting capital of 40000.
Since you have doubled your money in 2.5 years that about 30% return per year.
The rate which put any world class fund manager to shame.
I like to know the secret of your success (I'm very serious here).

the £2,000 is net so £40k would not have produced that. I have to pay 40% tax on savings interest as i am a high rate tax payer.

when i first started, i made so much, i was told off by fidelity as i was outperforming their investment manager. i was asked to stop trading so i **** off to hargreaves who were very happy for me to trade.

i aim for 6% return each time i trade and in the first year, i was able to do this several times in a few months because the stock market was going up and down like a yoyo. i buy the stocks when i see that it has gone down to the level i want to invest in and sell when i have made the 6% required. otherwise i sit in cash and wait.

pretty simple algorithm really and works because the stock market is so volatile :)

Edited By: andywedge on Oct 25, 2016 19:48
#20
OK, name the shares that have given you the impressive return in 2.5 years.
This deal looks more like an advert than some real adverts - and yes I've invested in the stock market for over 20 years but would never dream of suggesting to others they should do the same.
3 Likes #21
mutley1
i was asked to stop trading so i f*ck off to hargreaves who were very happy for me to trade.

Aww, come on mutters, stop it. Why would they ask you to stop trading? What difference does it make to them how much you were making? It's not as if you were belittling their investments manager, there's only you would know that, if it were true, obviously.

I'm leaving this thread now, I've had enough of listening to you tbh. No offence.
1 Like #22
deeky
mutley1
i was asked to stop trading so i f*ck off to hargreaves who were very happy for me to trade.
Aww, come on mutters, stop it. Why would they ask you to stop trading? What difference does it make to them how much you were making? It's not as if you were belittling their investments manager, there's only you would know that, if it were true, obviously.
I'm leaving this thread now, I've had enough of listening to you tbh. No offence.
Surely nobody is taking this stuff seriously.

Mutley always tells a good story but, a bit like whenever he hands out advice, you'd be advised to take it all with a good pinch of salt.
5 Likes #23
Thread is crashing, the bears are in control. :(
2 Likes #24
sell sell sell...& invest in magic beans or spare bubbles for spirit levels
#25
Infiltrator
OK, name the shares that have given you the impressive return in 2.5 years.
This deal looks more like an advert than some real adverts - and yes I've invested in the stock market for over 20 years but would never dream of suggesting to others they should do the same.

so how much have you made in your 20 years of investment that you can't recommend it to others?
#26
mutley1
Infiltrator
OK, name the shares that have given you the impressive return in 2.5 years.
This deal looks more like an advert than some real adverts - and yes I've invested in the stock market for over 20 years but would never dream of suggesting to others they should do the same.
so how much have you made in your 20 years of investment that you can't recommend it to others?

mutley1, if you so good with investing why you are wasting time with royal mail survey - http://www.hotukdeals.com/ask/royal-mail-correctly-delivered-survey-2529512
banned#27
Time to get back into your cuckoo clock mutts.

http://www.clockworks.com/pics/pics-clocks/cuckoos/100RO.jpg
#28
Palwan
mutley1
Infiltrator
OK, name the shares that have given you the impressive return in 2.5 years.
This deal looks more like an advert than some real adverts - and yes I've invested in the stock market for over 20 years but would never dream of suggesting to others they should do the same.
so how much have you made in your 20 years of investment that you can't recommend it to others?
mutley1, if you so good with investing why you are wasting time with royal mail survey - http://www.hotukdeals.com/ask/royal-mail-correctly-delivered-survey-2529512

mutley1
Infiltrator
OK, name the shares that have given you the impressive return in 2.5 years.
This deal looks more like an advert than some real adverts - and yes I've invested in the stock market for over 20 years but would never dream of suggesting to others they should do the same.
so how much have you made in your 20 years of investment that you can't recommend it to others?

mutley1
Infiltrator
OK, name the shares that have given you the impressive return in 2.5 years.
This deal looks more like an advert than some real adverts - and yes I've invested in the stock market for over 20 years but would never dream of suggesting to others they should do the same.
so how much have you made in your 20 years of investment that you can't recommend it to others?

It's the money I've seen lost that stops me recommending it - especially in the tone of your original post.

On this forum you can save a few quid and maybe make a few quid - investing with a view to make the sums you've suggested will mean folk with limited knowledge taking big risks, do you really want to be responsible for someone chasing your dream and losing a fortune?
That's the reason I'd never recommend it, I've seen too many train wrecks.
1 Like #29
https://cdn.meme.am/instances/500x/66842556.jpg
banned 1 Like #30
#31
Palwan
mutley1
Infiltrator
OK, name the shares that have given you the impressive return in 2.5 years.
This deal looks more like an advert than some real adverts - and yes I've invested in the stock market for over 20 years but would never dream of suggesting to others they should do the same.
so how much have you made in your 20 years of investment that you can't recommend it to others?
mutley1, if you so good with investing why you are wasting time with royal mail survey - http://www.hotukdeals.com/ask/royal-mail-correctly-delivered-survey-2529512

because i am odd mate. it's also why i am working like a slave for others when i don't need to!

i started the royal mail survey with an alterior motive as i was getting fed up with posts getting lost and not delivered to my address or turning up a week later when it has first class post.

so i thought that by doing the survey, it would highlight to royal mail what is going wrong with the post in my area.
#32
Infiltrator
Palwan
mutley1
Infiltrator
OK, name the shares that have given you the impressive return in 2.5 years.
This deal looks more like an advert than some real adverts - and yes I've invested in the stock market for over 20 years but would never dream of suggesting to others they should do the same.
so how much have you made in your 20 years of investment that you can't recommend it to others?
mutley1, if you so good with investing why you are wasting time with royal mail survey - http://www.hotukdeals.com/ask/royal-mail-correctly-delivered-survey-2529512
mutley1
Infiltrator
OK, name the shares that have given you the impressive return in 2.5 years.
This deal looks more like an advert than some real adverts - and yes I've invested in the stock market for over 20 years but would never dream of suggesting to others they should do the same.
so how much have you made in your 20 years of investment that you can't recommend it to others?
mutley1
Infiltrator
OK, name the shares that have given you the impressive return in 2.5 years.
This deal looks more like an advert than some real adverts - and yes I've invested in the stock market for over 20 years but would never dream of suggesting to others they should do the same.
so how much have you made in your 20 years of investment that you can't recommend it to others?
It's the money I've seen lost that stops me recommending it - especially in the tone of your original post.

On this forum you can save a few quid and maybe make a few quid - investing with a view to make the sums you've suggested will mean folk with limited knowledge taking big risks, do you really want to be responsible for someone chasing your dream and losing a fortune?
That's the reason I'd never recommend it, I've seen too many train wrecks.

have you invested in the stock market before? the train wrecks are because people choose to ride on fast trains. there are plenty of merry go rounds on the stock market as well that people are unaware of.
#33
Nothing much clever here.

Since Brexit shares have boomed. However, if you think this is a one way ticket be careful.

When markets collapse they do so with little or no warning. In a matter of days your entire investment can easily halve.

Speak to an independent financial adviser before investing in anything or with anyone.
banned#34
mutley1

have you invested in the stock market before? the train wrecks are because people choose to ride on fast trains. there are plenty of merry go rounds on the stock market as well that people are unaware of.

Who let the mutts out? Woof woof woof.

Firstly Mutters it was only a couple of months ago that you said you never start threads in Misc.

Secondly, give me a couple of hundred thousands in inheritance & even I can make enough money to fund a lavish lifestyle.
#35
Has there ever been another user who has annoyed such a high % of misc users in what seems like such an effortless manner?

There are so many trolls on HUKD Misc, however, mutley1 threads are beyond ridiculous now.
1 Like #36
dtovey89
Has there ever been another user who has annoyed such a high % of misc users in what seems like such an effortless manner?

There are so many trolls on HUKD Misc, however, mutley1 threads are beyond ridiculous now.


I like Mutleys threads they are interesting. :D

Keep them up
#37
dtovey89
Has there ever been another user who has annoyed such a high % of misc users in what seems like such an effortless manner?
There are so many trolls on HUKD Misc, however, mutley1 threads are beyond ridiculous now.
Harmless fun though unless anyone actually believes him. But, if they do, you do tend to think that they are just waiting to be conned.
#38
RonChew
dtovey89
Has there ever been another user who has annoyed such a high % of misc users in what seems like such an effortless manner?
There are so many trolls on HUKD Misc, however, mutley1 threads are beyond ridiculous now.
Harmless fun though unless anyone actually believes him. But, if they do, you do tend to think that they are just waiting to be conned.

If it is a charade then he has committed to the role and playing it well.
#39
Is this thread an advert for Hargreaves Lansdown. I see their share price has took a jump since this thread was posted. LOL
banned#40
Buy a house...best advice

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