DaBouncer
27-10-2004, 11:16
I want to buy some shares in a british company.
Not many shares - just a hundred quid or two.
Can anyone help me do this cos I have NO IDEA how to do it and what costs are involved.
:confused:
Skatiechik
27-10-2004, 11:19
The best way would be to set up a Maxi Isa,
Have a look at http://www.comdirect.co.uk for setting up an ISA, and how easy it is to do share trading through them.
You can find out most share prices on the internet - run a search on FTSE 100. Most banks provide a share dealing scheme look on their websites, it usually tells you how much they charge too.
Not something I have much experience in looking at as I have only ever sold shares (Abbey National ones we were issued when they became a bank). If you need specific advice I would recommend you see an independent financial adviser as they will be more impartial than one in bank for instance.
Depends whether you want to buy to trade, as part of a long term investment, because your Uncle Bill runs the company, and so on.
For a long term investment vehicle with the tax advantages, go for an ISA.
http://www.fool.co.uk/isas/isas.htm
If you plan on doing some trading - you may want to look at setting up some sort of 'deal only' trading account. Take a look at :
http://www.fool.co.uk/lrninvint.htm?ref=leftnav
The Motley Fool is an excellent site! You have to sign up but it costs nothing and there's some good stuff on there.
Joe