Trading the stockmarket (NO Referrals)

[AKAK]

Piaggio isn't on T212 so that won't help you. If you want to build a long term portfolio then Hargreaves Lansdown isn't too bad if you use it the right way. Set up an ISA and pay monthly, the share purchase will cost you £1.50 I think each month (Or nothing if you buy a fund instead) and you will pay 0.45% annually so you will need a few pounds spare in the account. Pretty handy app as well to keep track of it.

 

[413x]

Yeah this is why I'm apprehensive, this industry seems to be dripping in fees for some reason.

Only one way I made anything with low amounts (I have less than 5k in total unfortunately) is buy buying in exceptional circumstances. Like when bp and horizon blow out. Was clear the company was worth more than share price. Guaranteed uptick.

 

[Diddums]

Piaggio isn't on T212 so that won't help you. If you want to build a long term portfolio then Hargreaves Lansdown isn't too bad if you use it the right way. Set up an ISA and pay monthly, the share purchase will cost you £1.50 I think each month (Or nothing if you buy a fund instead) and you will pay 0.45% annually so you will need a few pounds spare in the account. Pretty handy app as well to keep track of it.

That's exactly the info I was looking for, thanks!

Only one way I made anything with low amounts (I have less than 5k in total unfortunately) is buy buying in exceptional circumstances. Like when bp and horizon blow out. Was clear the company was worth more than share price. Guaranteed uptick.

Yeah this is basically throw away money, gambling pennies, I consider it the cost of the lesson. Once i've got all my debts paid off I'll add a bit every month and start building.

 

[tlrBeta]

Piaggio isn't on T212 so that won't help you. If you want to build a long term portfolio then Hargreaves Lansdown isn't too bad if you use it the right way. Set up an ISA and pay monthly, the share purchase will cost you £1.50 I think each month (Or nothing if you buy a fund instead) and you will pay 0.45% annually so you will need a few pounds spare in the account. Pretty handy app as well to keep track of it.

Not sure where you pulled that £1.50 fee from, Buying is considerably more and on a tariff:

Deals previous month Dealing charge
0 - 9 deals £11.95
10 -19 deals £8.95
20 or more deals £5.95

 

[AKAK]

Fees are lower for monthly direct debits but looking into it in more detail it may only be FTSE 350 listed shares that qualify.

 

[shadow_boxer]

I wanna buy shares.

Not much, a few hundred quid to hold on to for a while. What's the cheapest way to do this? I see all sorts of fees all over the place, and given I'm just buying to hold, I don't want a monthly cost tied to it.

I'm very new to shares/stock market investing but you could head over to money-saving expert forums. Loads of threads in a similar vain/new investors asking for advice with some very helpful links.

Things to think about before investing is why, what is long term aim/target, pension status, emergency funds pot, length of investments. Answer these questions first then decide on your wrapper and platform. Also think about how these integrate into other long term life objectives like house purchase, retirement, funding children's futures etc. Individual shares in my opinion are high risk for your average private investor. My wife is more of risk take and gambler than me and we've opted to build a portfolio around the premise of holding at least 60 to 80% in funds.

 

[tlrBeta]

Fees are lower for monthly direct debits but looking into it in more detail it may only be FTSE 350 listed shares that qualify.

I have only done a few buys outright, not monthly automated buying (from my own direct debit into the account). One in FTSE 100, on the US markets - both charged at £11.95.

Sounds like a great way to do it cheaper if that's possible!

 

[shadow_boxer]

Iweb is pretty cheap for long term holds. £25 opening fee. £5 trade. No annual charges.

 

[413x]

FYI I use XO

Its 5.95 flat in out charge

Annoying as it's only UK. But what I use.

 

[413x]

Aviva is 7pc up today alone.
Stock market clearly sees light at end of the corona tunnel.

 

[Skeptic]

Aviva is 7pc up today alone.
Stock market clearly sees light at end of the corona tunnel.

I'm up around 5pc on GRG too. Haven't sold a pie in months!

 

[tlrBeta]

Zoom up like a sky rocket also, who was the fool who sold early on fears ...oh wait me! Fortunately, we are talking small figure of "what could have been"

Definitely looks like 2nd wave fears are being ignored, even MGM (Casino) up 10% today.

 

[413x]

Zoom up like a sky rocket also, who was the fool who sold early on fears ...oh wait me! Fortunately, we are talking small figure of "what could have been"

Definitely looks like 2nd wave fears are being ignored, even MGM (Casino) up 10% today.

I sold too.
Then rebought a day later.

I don't expect this to carry on, as I still think we will have a second wave, but it's now. In territory where as long as I have a sensible stop loss I'll be in black.

Surprised, think this is premature peak.

 

[Super Tigers]

Rolls Royce having a good day -10% increase so far. Also HSBC doing OK, now up to £4.00 - 4% increase.

 

[413x]

Zoom up like a sky rocket also, who was the fool who sold early on fears ...oh wait me! Fortunately, we are talking small figure of "what could have been"

Definitely looks like 2nd wave fears are being ignored, even MGM (Casino) up 10% today.

I completely don't understand zoom. If you're pricing In a Recovery, why is zoom doing so well? Can't wrap my head around it

 

[413x]

I'm up around 5pc on GRG too. Haven't sold a pie in months!

It makes no sense.

If aviva maintain next year thier historic dividend. It will pay my mortgage one month of the year. Crazy. I put (relatively) little in.

Fyi: I do not expect to see 12pc dividend yield. That's what it would be

 

[Trifid]

I completely don't understand zoom. If you're pricing In a Recovery, why is zoom doing so well? Can't wrap my head around it

Expectation of remote working being a new normal. Not sure I understand why Zoom in particular, the market is very saturated by alternatives and they have received a lot of bad press.

 

[BennyC]

Food for thoughts:

The 1930s And 1970s
For those who take a bearish view, the 1930s are a potential omen. Though most declines and falls in recent history have taken longer on the way down and longer on the way up, the 1930s paints quite a different picture for the markets. The entire decade is almost filled with violent swings in the stock market. Yes the decade as a whole was certainly a losing one for investors so the downswings dominate for the buy and hold investor, but that conceals eight distinct and powerful stock-market rallies during the decade. The 1930s were marked by volatility throughout, unlike in more recent history where any more extreme downward moves have been followed, sooner or later, by a rally. This is why those who are bearish use the 1930s as an analogy. It shows how the current rally may not be sustained.

The inflationary period of the 1970s and early 1980s too provide some ammunition for bears. Here too there were violent swings in the markets, and though the overall direction was not quite as bearish, markets did tread water for much of the decade. Many apparent recoveries from market lows were then met with subsequent declines. Many rallies did not hold during the 1970s just as in the 1930s.

Where to even start. Who knows.

 

[Fusion]

Wow. Might be able to retire early based on today

 

[englishpremier]

I completely don't understand zoom. If you're pricing In a Recovery, why is zoom doing so well? Can't wrap my head around it

Very strange. Q2 earnings are expected to be bumper and the year overall is going to be a good one, but they won't convert casual users to paying members, more and more governments and companies are moving away from them to more 'secure' options. Bigger firms are likely to want an integrated package, that means Microsoft or Cisco or similar. Then there is the competition from Facebook and Google.

So far I've bought, sold, re-bought, sold, and shorted. On a large paper loss on that one at the moment.

Today however I feel the rise is more to due to the current rallying. The optimism over the end of the lockdowns and living with the virus are short sighted IMO. By the end of this the US might well have pumped $9tn into the economy, and still have many millions unemployed. The EU's €750bn is nothing in comparision, and some sectors are going to be in real trouble. Similarly once furlough ends in the UK and companies realise they are struggling to survive there are going to be serious job losses.