Hi Guys & Girls

My name is sam i have just inherited little bit & have about 100K to invest in stock Market.
Please help me with what shares to buy?
What Stock Broker?
I dont mind high Risk shares.

Many Thanks

Sam

I'm a bit inspired by all the comment on this thread. It's nice to see so many people care


Moneyangel -- I have little to add to the above comments apart from the point that has pretty much been made all over -- Capital Preservation should be the first rule of equity investing -- believe you me !!

As for books my favs are two slightly off the wall ones

1. Trader Vic - Methods of a Wall Street Master -- in my opinion almost head and shoulders above the normal books mentioned

2. The Future of Money --- read the back section about what money really is. This is the real eye -opener. Then read Trader Vic and you will see the light


p.s. I don't like Peter Lynch although his bit about categorising stocks is Ok. I think his book --- I think "One up on Wall St" -- hurts rather than helps the investor

Confidant - interesting view on Peter Lynch. I have to say that what I most benefited from in "One up on Wall St" was his memorable sayings.

I think one should in all cases read a variety of books and sources and make up one's own mind. I'm doing the same regarding dietary issues at the moment and it's amzing how different people have differing views, even if they agree on certain fundamental principles. No less so with finance.

Hi Mega Bucks

I already have 4 Buy-to Lets & dont want any more.

ERX.. its going to explode

potatohead,

Why do you think ERX is going to explode?

potatohead,

Why do you think ERX is going to explode?

soul traders

my point on Peter Lynch really is that its not that easy just seeing what new shop is round the corner and buying it --- a bit simplistic I know

I think his approach really was buy everything and just close your eyes and wait. This is great policy if you can buy a 1,000 stocks and wait. The law of maths -- stocks can go down only 100% but rise an unlimited amount basically saw him through as a winner (a little more refinement than this simple strategy but not much)

Me I prefer the "put all your eggs in one basket, and watch the basket" mentality. While perhaps not quite 1 basket

Totally agree -- read as many books as possible even "One Up on Wall St" ;-)

Confidant - LOL! The funny thing is that while i think some of Lynch's stuff is brilliant (and let's face it, the man has generated a hell of a lot of wealth), my own strategy - if I can dignify my haphazard investment record with such a title - is completely different.