share market...any experts here...

27 replies
Found 18th Feb 2010
hi everyone I want a favour to decide on which companies share/stock to buy, as I am very new to this field and dont hav a much knowledge, so hoping your feed backs...one of my mate said to invest in tesco as he was profited in it, can any one advice me on it and any other...thx

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27 Comments

If there were any experts here, they wouldn't be here would they? They'd be loaded.

deek72;7875680

If there were any experts here, they wouldn't be here would they? They'd … If there were any experts here, they wouldn't be here would they? They'd be loaded.



So loaded people don't like to save money?

You need to decide as well what you want, income or growth

BP pay good dividends so good for income

For growth, always worth buying the shares that are falling heavily on a given day and holding until they inevitably rise again

Good idea to just have a trial by not actually buying any but just noting down shares you would have bought and their price and when you would have sold them and the price to see if you would be making a loss or profit before committing cash to the game

And dont forget trade fees

good advice.

Original Poster

richardcotton;7875706

You need to decide as well what you want, income or growthBP pay good … You need to decide as well what you want, income or growthBP pay good dividends so good for incomeFor growth, always worth buying the shares that are falling heavily on a given day and holding until they inevitably rise againGood idea to just have a trial by not actually buying any but just noting down shares you would have bought and their price and when you would have sold them and the price to see if you would be making a loss or profit before committing cash to the gameAnd dont forget trade fees



thx mate dats brilliant can u advice me on few growth gaining companies...thx

chester123;7875699

So loaded people don't like to save money?



They wouldn't have time to save money, they'd be too busy making it.

deek72;7875680

If there were any experts here, they wouldn't be here would they? They'd … If there were any experts here, they wouldn't be here would they? They'd be loaded.




Not true!
I've been a trader for 10 yrs (5 with a Hedge Fund) & I 'lurve' saving money...........:santa:

Banned

You would have to be completely mad to take so called 'expert advice' from an internet forum

csiman;7875942

You would have to be completely mad to take so called 'expert advice' … You would have to be completely mad to take so called 'expert advice' from an internet forum



Agreed!

csiman;7875942

You would have to be completely mad to take so called 'expert advice' … You would have to be completely mad to take so called 'expert advice' from an internet forum



Ahh, the voice of reason. I wish I had said it as succinctly as that.

Banned

deek72;7875979

Ahh, the voice of reason. I wish I had said it as succinctly as that.


I've always had a knack with words :-D:giggle:

csiman;7875942

You would have to be completely mad to take so called 'expert advice' … You would have to be completely mad to take so called 'expert advice' from an internet forum



agreed,some people on here would take pleasure in giving you the wrong advice

csiman;7875942

You would have to be completely mad to take so called 'expert advice' … You would have to be completely mad to take so called 'expert advice' from an internet forum



Especially this one where the average IQ is less than a crisp.

Just watch out for the companies who suck you dry by charging you an innactivity fee and also make sure the rates for trading are as cheap as possible. Only way to make cash out of shares is to make large quick deals and move your money around. Having the cash sat on particular shares hoping they will recover lost me about 1K due to the innactivity fees etc. Remeber even the experts lose fortunes as well.

Original Poster

sajsaleem;7875951

Agreed!



me too agreed...

Banned

chester123;7876024

Especially this one where the average IQ is less than a crisp.


at best! :giggle::giggle::giggle:

There are a few simple rules to follow

1. dont just buy and hope it goes up
2. Stocks that go down heavily can have a very good reason for doing so and they dont all recover, some go bust and you lose everything you invested.
3. So do some research. On yahoo and similar sites there are commentaries and share tips from brokers etc. look for specific industries that are doing better than others (currently metals, miners, oil & gas.) and understand why the market thinks so (hopes of economic recovery etc will require more energy and materials.) Then look for recommended companies within those sectors.
4. spread your risk a bit. Depending on how much you have try to balance something big and stable (utilities, tesco, BP) with dividends and secure revenue with something more risky but better upside potential. (which tend to be smaller companies - exploration, technology etc or something that should perhaps recover with the economy (luxury goods, advertising.)
5. you would be surprised how much you know, but dont realise it. If you go shopping and M&S is always packed, much busier than it used to be, have a look at the shares and see if they reflect this activity. Similarly if the place is empty.........so keep your eyes open and pay attention.

simple really.

Original Poster

ianstanley;7876421

There are a few simple rules to follow1. dont just buy and hope it goes … There are a few simple rules to follow1. dont just buy and hope it goes up2. Stocks that go down heavily can have a very good reason for doing so and they dont all recover, some go bust and you lose everything you invested.3. So do some research. On yahoo and similar sites there are commentaries and share tips from brokers etc. look for specific industries that are doing better than others (currently metals, miners, oil & gas.) and understand why the market thinks so (hopes of economic recovery etc will require more energy and materials.) Then look for recommended companies within those sectors.4. spread your risk a bit. Depending on how much you have try to balance something big and stable (utilities, tesco, BP) with dividends and secure revenue with something more risky but better upside potential. (which tend to be smaller companies - exploration, technology etc or something that should perhaps recover with the economy (luxury goods, advertising.)5. you would be surprised how much you know, but dont realise it. If you go shopping and M&S is always packed, much busier than it used to be, have a look at the shares and see if they reflect this activity. Similarly if the place is empty.........so keep your eyes open and pay attention.simple really.



thx g8t info....is der any minimum stock to be brought from the same company or any certain amount...thx

whats the best place to buy shares from?ie which company offers cheap trades?!

again have a look at the banners on yahoo etc. Avoid the frequent traders clubs stuff. just go for a simple online execution account. It will set up a direct debit with your bank account to take money if needed to cover a purchase (a bit like paypal really.)

Trades cost around £10-15 to buy and sell. Buying also attracts stamp duty at 1%, but at smaller levels this is no great cost.

you also asked about size of trades. This is more difficult as it can put people off. what you need to consider is how much you can expect a share to rise and what % the trading costs amount to.

for example : If you buy £100 of shares it will cost you 100+10 trade costs = 110.
it will then cost you £10 to sell again, so you total cost for the shares is actually £120

so the shares will have to go up 20% before you start to make a profit on it.

if you bought £1000 of shares, the shares only have to go up 2% (£1020) before you make a profit.

so in general you need a decent size trade or you will not make any money unless something spectacular happens or you hold it for years and years so that growth and dividends over the longer period outweigh you trade costs.

In general I would not put less that £500 into any one share unless it is really speculative and the upside can discount the costs.

thanks for that, but which company is good to deal with for buying shares?

Original Poster

thanks again dat was helpfull...i will luk into it...

Unfortunately all my trading is now done within my pension to avoid any CGT etc, so I cant recommend one from personal experience.

there is a stockbroker comparison (like everything else) on moneysupermarket. Just go for a simple online account with no fixed/guaranteed trading volumes per month.

it is as good a place to start as any.

moneysupermarket.com/Sha…asp

deek72;7875924

They wouldn't have time to save money, they'd be too busy making it.



hehe, well i trade from 8am to 9.15pm every day of the week, i still have a screen free for surfing and checking sites, i come here most days but im frugal, i think thats the word, i still like a bargain and like to read people's misc posts :thumbsup:

Banned

This isn't the best place to start your education in share dealing....III/ample, Adfin and the motley fool are all good share communities...But watch out for the rampers.

anyone got thoughts on the falklands oil companies?
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