Buying Shares

Hue Jorgan

Striker
does anyone do it? is there a recommended company/broker/app
any advice?

I would like to dabble with bitcoin maybe? too?

thanks in advance oh wise SMB
 


I have a S&S ISA with Hargreaves Lansdown but it's mostly low cost trackers with only a couple of individual shares - one of which I only own as I used to work for the company and got them for free.
 
I've long wondered about this. Any info would be appreciated.

Well worth considering especially considering savings account interest rates are the square root of bugger all.

Simplest way is just to setup a monthly standing order (£50-100 a month or whatever you can afford) into a low cost tracker ( The Vanguard LifeStrategy funds are very popular) and then forget about it for at least 10 years. The route to insanity is checking up on the valuation of it every day. I'd look for a fund which has a wide exposure to the UK, US and other markets so that a bad performance in one sector doesn't wipe you out. Any money purely in the London FTSE would have done badly last year but the US market still did well despite the pandemic and Trump (or maybe because of Trump). Don't touch individual shares unless you are prepared to lose all of your money.

The disadvantage of a S&S ISA compared to a pension is that you don't get the tax back but you can access the money at any time.
 
I began investing in individual companies at the start of last year and found it a little overly addictive tbh. During the first lockdown I was waking up in the morning and compulsively checking which way the wind was blowing. As @Darlo1973 says, surefire way to insanity, especially as there's so much uncertainty in the world right now and a lot of idle hands around.

I did however make a modest profit somehow, thanks to solid tips/blind luck like Greatland Gold (which offset some other amateur blunders) before selling up and putting my money into a string of managed funds and indexes (FTSE 250, India, Japan, Clean Energy, World Mining) with a direct debit set up for regular savings - they'll be staying undisturbed til I need it.
 
I don't really have the readies to put into shares etc, but if it could be something that would bring me a decent return I'd be prepared to save up for a bit to invest.
I have some in the National Grid and BT

Warren Buffet can fuck himself, I’ve dabbled in Crypto I’ll have you know!

Superman Dog Nonce!
 
Trading 212 app is easy to use if you just to mess about with a few quid a month and don't really know what you're doing. I'm up 10.69% today
 

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