Shareshop
- 27 Mar 2007 13:10
Am new to this & want help from you guys on what shares to buy or watch?
The only shares I own are Pipex that I brought last week at 14.95p - 660,000 shares
And I have 100,000 to spend on shares what should buy please?
porky
- 27 Mar 2007 14:32
- 2 of 27
Some financial advice I would suggest.
Regards.
Shareshop
- 28 Mar 2007 09:27
- 3 of 27
financial advisers are waste of time
mojo01
- 28 Mar 2007 10:11
- 4 of 27
The best bit of financial advice you can be given is dont buy anything that anyone tells you to buy on a B Board. D Y O R read the papers, investment mags.
Shareshop
- 28 Mar 2007 10:16
- 5 of 27
Just want to know what shares to watch & than I can do my own research & decide if to buy or not
HARRYCAT
- 28 Mar 2007 10:27
- 6 of 27
If you don't really know what you are doing & don't have confidence in your own investment decisions, then I suggest go to a couple of high street brokers & ask for their advice.
If we recommended a couple of stocks, why would you follow our advice? We don't know your circumstances or how you want to invest. You don't know if we are giving you genuine advice or trying to ramp stocks which we are holding.
Seek professional advice, particularly as you have a fair amount of cash to invest & you should be spreading the risk, imo.
mojo01
- 28 Mar 2007 13:14
- 7 of 27
Read Harrycat and find yourself a nice broker, not that they arnt up to a bit of ramping most importand is that you have done the reserch, and have the gut feeling that they are worth a punt, are you in for B & B or long term
harrysdog
- 28 Mar 2007 14:23
- 8 of 27
Im in similar position to you shareshop, in that I have some money, new to this and want to invest some of it in shares.
Not suggesting this is you in anyway, but Ive been a right mug, punting on comps based on reading stuff on BB's not neccessarily this one. Dived in with Spreadbetting as had done this with reasonable results on sport and didnt have to put much cash up.(crap reason i know).. Lost a lot of money (to me) on Petrel Resources based on "some special news" coming soon type stuff. and a number of heart attack moments on Renesola.
Think im gonna carry on reading this BB regularly and adding shares watch list (read the EAGA one for example) but doing own research as you suggest and certainly running by a stockbroker (thanks harrycat) too.
HARRYCAT
- 28 Mar 2007 16:15
- 9 of 27
You could always put most of your money in to the care of a broker, but keep +/- 10% to 'play' with. That way you could put a little in to EAGA, SOLA, IPL, GOO, SBT, WNG etc etc without worrying too much if some of them don't live up to expectations. If you were to do this, I would also invest in sectors in which you have an interest. It is difficult investing in a company and following the sector if it bores you.
The other point I would make is that many people on this discussion board are investing in shares on the basis that the share price will go down (spreadbetting), so when someone recommends a company, they won't necessarily be tipping it to go up in price.
Shareshop
- 28 Mar 2007 16:49
- 10 of 27
Thanks
mickeyskint
- 28 Mar 2007 17:32
- 11 of 27
Try reading a couple of books like:-
a) The Intelligent Investor Benjamin Graham
b) One up on Wall Street Peter Lynch
I'm not a big fan of brokers as most of them are in it for themselves. Definitely do not buy on the recommendation of one of the bb looneys, they always have a hidden agenda. Read the boards and you will get to now who are the sensible posters. If you find a tip that takes your fancy DYOR. Buy on fundamentals as value will always out in the end. Momentum plays can be fun but dangerous and stay out of the gaming sector it's a mine field. I found it useful joining t1ps.com it's 70 a year and well worth it. The key is patience and lots of it as you will not become a millionaire overnight. Only invest what you can afford to loose and stay away from spreadbetting untill you have more experience.
Good luck with your investments and if I can help further let me know.
MS
goldfinger
- 29 Mar 2007 00:00
- 12 of 27
One Up On Wall Street, a brilliant book and worth crawling through a hot desert for.
...... WITHOUT A CAMEL.
Please obtain it.
Madelin
- 29 Mar 2007 07:36
- 13 of 27
Its a tricky one but you should consider finding out the sort of strategy that suits you. There is not one way to invest well , there are even more to invest badly.
Fred1new
- 29 Mar 2007 08:33
- 14 of 27
Repetition of previous suggestions.
Read a few books like Jim Slater's Zulu's Principle.
Get and read Technical Analysis for dummies. There is a tremendous amount of basic information on buying and selling and what he market is up to.
If you see a share look at the chart and see if the previous trend etc, lives up to the price forecast. If a share is good the trend up last longer than a couple of minutes and you can jump on it if the forecast is continuing.
Forget the smaller companies, at the end of the day you will lose less money on the larger markets than the smaller companies.
AIM is for mugs and those who are experienced ie. have lost money before and know their market and can read and understand the fundamentals and potential.
Many small cpmpanies will give you colossal returns, but many lay dormant for years or/and dissapear after a few years for good.
If you want to succeed, read a lot, get a Software system, such as Sharescope and be patient, more money is lost by fast fingers that arthritic ones.
If you want more info Email through Moneyam.
Stan
- 29 Mar 2007 16:17
- 15 of 27
Lots of good advice above SS and here's mine.
April to September'ish generally considered worst time of the year for trading shares, so with that In mind and considering that you are cash rich and knowledge poor, this Is what I would do If I were In your position with 100.000 right now (knowing what I know now).
Put 30.000 or 60.000 (If you have a wife/husband In Premium Bonds) as In June there is a one off hike of 5 one million prizes + more at 100.000 and 50.000 etc. You must get the form to them by April 1st to quilify for the June chance of winning.
Stick the rest on deposit at the hightest rate you can get ( this assumes that you have already opened and deposited 7000 In a self-select ISA before April 5th' 07 then transfere another 7000 In on April 6th.
You then spend the summer researching possible shares and start paper trading (which tells you If you have any ability of not) by the end of the summer you may get a feeling that you may be cut out for the real thing.
Remember just because you want to have a go at shredealing that does not mean you are going to be any good at It. The market runs on fear and greed and you are going to ex. these In good measure so this has to be thoughtfully understood.
Personaly the most effective thing that made me learn was loosing money!
ATB.
Shareshop
- 29 Mar 2007 16:36
- 16 of 27
Who needs financial adviser when I have you guys helping me?
Thanks all of you
trigger45
- 29 Mar 2007 20:18
- 17 of 27
When I first started investing in shares I really was naive. It was quite pathetic really, buy a copy of shares magazine read a bit and invest purely on the strength of what I had read thinking this is easy.
No point in going into details but I virtually lost every penny I had invested. Was so gutted I actually walked away from investing in shares for a long time.
Thankfully I was big enough to realise it was my own fault. Obviously I came back to it as I'm here posting.
At this moment I'm very very happy with my investments, and I think the main difference is I decided to take my time and look for investments where I had an interest.
In my case it made it easier to understand all the blurb of info that is churned out through the press and bb's
You have made a good decision in coming to this forum as it really one of the best out there imho.
Never buy a share because of anyones comments on here or elsewhere, but use it as a starting point to start researching.
You will soon find that there are some great posters on here that offer so much to start pointing you in the right direction.
I would also recommend tracking shares for as long as it takes before you decide you are comfortable investing your money.
The reality is I'm afraid you have to do it yourself if you want to make money, but there are a lot of good guy's on here that will help with views etc etc.
Rant over, and I know it's a very simplistic view of things, but if I can show healthy returns, anyone can.
Good luck with your investments.
ValueMax
- 29 Mar 2007 22:28
- 18 of 27
Choose a sector you know about and specialise in companies within that sector.
G D Potts
- 29 Mar 2007 22:41
- 19 of 27
Shareshop -
₤25k in ArmorGroup - Short term
₤25k in GTL Resources - Medium term
₤25k in D1 Oils - Long Term
₤25k in Voller Energy - High risk play