I am trying to get in to the capital market. I know a little bit about shares only. I would like to invest in shares but could bot find a starting point.
I would appreciate if anyone can guide me through.
Thanks a lot for replying. I guess an on-line brokerage account is something I can open with my regular bank (they should have their own service).
Now, for a start, I have a few hundred pounds to invest in shares. I am thinking to filter few companies. But, I am not sure which sector should I look at in the UK for such a small investment?
I would not recommend any bank for investment purposes and therefore not recommend to open a brokerage account with your home back. Not only will you pay higher commissions but those brokers are likely to push their own products which will benefit the bank more then they will benefit you.
In general:
1. Avoid banks as far as brokers are concerned.
2. Analysts are among the worst stock pickers.
3. Most mutual fund managers belong to the worst professional investors.
A few hundred pounds is a decent start.
Ca you add to that on a monthly base? It would be a really big boost if you can 50 or 100 punds to that for a few months. If you can do so I would suggest an automatic transfer and to always use the same amount. It will teach you discipline which will be very important for a succesful investment strategy.
Sorry, but I can't give you any specific sectors for two reasons:
a) I look at individual stocks
b) It is against company policy to give out any specific investment info
A sector pic won't do you any good as there are always good and bad companies in any sector.
What investment strategy do you plan to implement, if you don't mind me asking?
Trying to start up....
