How do I invest money in shares

sarcasticjoe | 20:37 Sun 08th Mar 2009 | Business & Finance

8 Answers

I was wondering how do I invest money in shares? Do I do it online? What do I have to do? etc
Thanks
Joe

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Uzoma

A couple of websites that can help with this --> www.share.com & www.fool.co.uk.

scotman

Look in Yellow Pages under 'Stockbrokers' or 'Investment Consultants'

Ice.Maiden

The website that Uzoma suggests is quite good at giving you all the options.
http://www.fool.co.uk/Investing/guides/How-Whe n-And-Where-To-Invest.aspx
If you use a Fund Manager to invest for you, you'll end up paying them about 1.5% a year. For small amounts of up to �7000 or so, an ISA might be best. Then you won't pay income or capital gains tax.

sarcasticjoe

Question Author

I just wanted to invest like �100-400 in a business and sell them when/if i make a profit. If the prices go up say, 20%, isnt that better than an ISA?

gilf

Yep money for old rope share dealing, like the people on here about 6 months ago saying they were going to do the same with banking shares "as they only go up".

The point with an ISA is it incurs no tax, there will be capital gains tax to pay on any profit from selling shares.

sarcasticjoe

Question Author

What percent is it?

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