Trading the stockmarket (NO Referrals)

dowie said:
Well you're asking a different question now - your first question was about selling some shares that are nearly worthless ergo why bother... Now you've mentioned that you've got an account at some broker that you want to close. Did you literally just open an account, dump everything into this one stock and lose all your money?

No one else reading the thread currently even knows who your broker is - you'll find they'll have a list of charges somewhere on their website re: sending you share certificates or transferring your holdings etc.. why not look at that?

Essentially you're going to have to either sell them or transfer them somewhere or get the certificates if you're closing the account. I'd wager that it is probably cheapest to just sell them.
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Hi

No this is an account I've had years but I wish to cash in as I don't do much trading anymore and don't want to pay fees for the account to hold the shares.
I've got shares in it that are doing well but have a few that are worthless. I will have to ask them, I do know it's about £10 fee for any trade dealings.
 
I'd speak to them. If you're selling all your holdings then they might do you a deal depending on how many holdings you have.
 
Anyone know the best place to open a micro account? Have been on a demo account but would like to try with real money, albeit on a very small scale with low risk/reward?
 
this is probably your best bet from very small accounts, commission is only £2, they seem to aggregate all the client orders and then execute them at 4 occasions during any given month, seems like quite a good idea for building up a small portfolio if you've only got limited funds as otherwise the costs per trade can significantly eat away at your returns

http://www.halifax.co.uk/sharedealing/our-accounts/sharebuilder/
 
The point there might to put it into Berkshire now over the 12 months and it'd be ok vs holding market at the top. The really confusing thing for calling market value is that the currency value is not fixed so Dow at 10,000 and dollar index 200 and Dow at 20,000 with dollar index 100 is actually no growth also dividends have to be included.
 
billysielu said:
Yeah I'm cashing out, too stressful, everything seems over-priced, it can't stay that way.
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Even Warren Buffett doesn't try to time the stock market. You can lose more trying to do this than you make by just sitting tight, unless your portfolio consists of a couple of shares?
 
Jokester said:
Can only expect the bubble to burst soon.
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I think we are past that, theres more then one bubble across multiple asset classes. To cash out means selling a stock & buying into government debt scenarios and thats a bubble too.

Always interesting to look back at past mania, tulip bulbs, the railway stocks and tech boom is most familiar to us. There was reasons for it, not exactly unfounded and we did have a big tech change but it was just quite misplaced and over done.
Amazon is valued at 250 years of earnings apparently. They arent going to go broke, it has grown fast but seems likely poor value. I wouldnt sell out all to cash just look for better value, unpopular business but something that can tick over long enough to become a boom itself. Commodities seems most likely and maybe infrastructure, often has good regular income doesnt do poorly even in bad times. Utilities are not rated because of possible excessive regulations but we arent copying Venezuela either

Tokyo residential prices have gone from 4x London in 1990 to ¼ London in 2014
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Amazing how oil always seem to bounce back, in this case despite numerous warnings that "this time it's different" because of American shale oil. Glad I ignored the consensus and bought Shell when it was much, much cheaper.
 
SMS (smart metres) are doing very well, gone up a lot recently holding at around £7.90 - £8, purchased some a while back at around £2.30, anyone who got these early would be in for huge profits now.
Can see these going a lot higher in the future.

Anyone remember the GKP shares in here, remember a lot of talk on these years back, I purchased a load of them and they done well for a short period, but I missed the boat on them, and they ended up completely crashing, ended up with a huge loss and with consolidation ended up with just 1 share in them.
 
cadmunkey said:
Its not the wrong thread for me at all, I come here to be entertained and I certainly get it.
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More like you're a petty and jealous person who doesn't like to see others do well, because there is no other reason for saying "nice brag" to someone simply saying their stocks went up 27%(which could be 27% of 5k for all we know). Why would that even bother you? :confused:
 
To be honest, in the current climate it’s hard not to make 30% a year.

The trick will be keeping hold of it when the correction happens.
 
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