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Buying shares

9 replies

Noglassjustthebottleandastraw · 08/06/2022 12:55

Hi, I would like to buy shares can anyone please recommend how I do this. I've never bought shares before.

OP posts:
nannynick · 08/06/2022 21:33

Use a Stocks & Shares ISA so you get tax free growth.
Use a broker like HL.co.uk who gives access to many shares.

Personally I would not buy individual company shares, their value can fall to zero. I would buy a fund which in turn buys thousands of shares which the fund manager picks. It can be good to start with a fund that aims to track an Index, such as FTSE Global All Cap, or MSCI World.

Morechocmorechoc · 08/06/2022 21:54

As above. Terrible time for stocks now. Even the safe ones are dodgy!

CurlyhairedAssassin · 10/06/2022 10:34

On the other hand, when share prices are low then many investors would argue that it's a great time to buy them, as long as you can keep your money invested for the long term. If you're a beginner yo'ull need an index fund or global tracker - don't buy individual shares in particular companies.

If you need some beginners' pointers, there are some good youtube videos. Have a look at 's video for absolute beginners to investing. Not bad advice for someone who is just learning.

Morechocmorechoc · 10/06/2022 11:23

Not all shares are low. Some are low because of a lot of factors that are unknown. If we hit a recession they will go a lot lower. Its risky right now. They may not be low. They are no where close to covid low. Or 2008 recession low. Many are higher.

FinallyFluid · 10/06/2022 11:27

I will leave that to my fund manager, will insist on a large percentage of green investments.

FearlessFreddie · 10/06/2022 11:34

If you're new to this and not investing a fortune, I'd open a S&S ISA through one of the cheaper platforms (which will be cheaper for you depends on your circs) and buy a cheap global tracker.

Threadkill · 11/06/2022 23:50

I’d buy a mixture of different shares in big companies in a mixture of different sectors and some tracker funds as well. I’d start of with about 8-10. My personal choice would be to divide the money between the following - Unilever (household goods), Rio Tinto (mining), S&P500 tracker, FTSE100 tracker, Vodaphone, National Grid (energy infrastructure), Japan Tobacco (combustable and non-combustable nicotine products), Tesco (supermarket - obviously!) None of these companies are likely to go bust, you’ll get average divident of about 4.8% per year. If you don’t approve of tobacco just buy shares in a different sector, but I chose tobacco as it’s a strong defensive share and pays big dividends.

Sallypally0 · 12/06/2022 12:04

when share prices are low then many investors would argue that it's a great time to buy them

I would argue there is a long way to go yet. A lot of money moved into the markets during the peak of the pandemic. I feel the market needs to correct on the whole to pre pandemic levels. However there will always be some shares that do outperform the overall market.

Jangus74 · 12/06/2022 14:28

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