Stock + shares

[Stevie h]

Any of you chaps deal in stocks and shares ? I know its not the best time to start dealing in shares , but i wanna give it a go , all advice, web links, best brokers to use etc welcomed

Cheers

Ste

 

[Robojin]

Hmmm, I guess if you have deep pockets and big cahones now is a good as time any time

1) Only gamble with what you can afford to lose

2) Adopt a strategy and stick with it i) stay in for the long term years or ii) ride the market but this is a 24/7 watch

3) best piece of advise I was given "never be afraid to take your profits", seems obvious but +10% profit on today's rising stock may be tomorrow's 20% free fall

4) You are subject CG tax on profits, but get a good accountant as you can counter this with any losses

Alternatively you could look at investing rental property as the returns are typically 7%-8% at the moment

 

[Evans Electric]

Obviously not many of us are into stocks and shares, not quite a BDW thread is it ?

 

[Stevie h]

Different strokes for different blokes, finding it very interesting so far , signed up here and opened a practice account ,

 

[Robojin]

Different strokes for different blokes, finding it very interesting so far , signed up here and opened a practice account ,