Trading the stockmarket (NO Referrals)

Gangster · 28 Feb 2017 at 20:14

dowie said:
for buying and selling, they pay a small fee to execute and clear a transaction on your behalf then charge you for that service and in the process make a profit

You've not really provided any details - if you don't think they're doing anything then why not close your account?

Do you have the physical share certificates in your possession for example?

Late reply, I know. I haven't got an account with anyone yet just trying to open account with someone but looking at fees etc first.

Thats what my point is. If I own x shares in a company, don't I own them and they have no input or management with them? Or do I have to get a physical certificate saying that first.

Out of curiosity, could anyone explain what this means for a Stocks and Shares ISA?

"How much would I like to subscribe"?? and How Often and When would I like them taken?

What is it talking about? Subscribe to what. Is it asking me what I intend to deposit or what? If so... by selecting "One off payment" shouldn't the 'date' option be blanked out?

Just checking and making sure I am not filling in the wrong thing here.

SupraWez · 28 Feb 2017 at 20:21

The only limitation you should have on your Stocks and Shares ISA is your allowable yearly deposit which is just over £15k per tax year at present.

When and how you deposit this should be up to you, on my account it shows a balance and I can deposit all in one go, monthly or not at all if I wish.

Gangster · 28 Feb 2017 at 20:34

SupraWez said:
The only limitation you should have on your Stocks and Shares ISA is your allowable yearly deposit which is just over £15k per tax year at present.

When and how you deposit this should be up to you, on my account it shows a balance and I can deposit all in one go, monthly or not at all if I wish.

Thanks, I thought that would be the case. However it is asking (tried to put a pic up but Imgur not loading) 'subscription' how often and then dates to take out subscription? So was a bit confused.

Infernum · 28 Feb 2017 at 20:46

Azza said:
Grab Snowmans platform comparision spreadsheet - http://forums.moneysavingexpert.com/showthread.php?t=5583030 or look at this http://monevator.com/compare-uk-cheapest-online-brokers/

Choose the platform and then invest in either Vanguard LifeStrategy or Target Retirement fund - https://www.vanguard.co.uk/uk/portal/investments/all-products?assetType=BALANCED

That looks like a very good idea. An Nightmare trying to work out the platform though.
From those links, I can't really see a platform that just charges a percentage each year, instead of having a percentage & a yearly charge. Only option appear to be iweb?
Am new to this

ahh I see the Monevator link has an easier to read section. Would a regular stocks and shares Isa be able to invest in the vanguard fund, or do you need a specific broker?

EDIT: Looking at the vanguard link, it says minimum of 100k needed for the fund

Maybe a tenth of that would be ok

booyaka · 28 Feb 2017 at 21:08

Infernum said:
EDIT: Looking at the vanguard link, it says minimum of 100k needed for the fund Maybe a tenth of that would be ok

That's insitution fund money - it's the same basic fund via any platform but obviously the platform will have millions in that fund so the 100k is irrelevant. You invest what you want.

http://citywire.co.uk/money/warren-buffett-vanguard-founder-is-my-hero/a995795

If it's good enough for Buffet - it's good enough for me and my clients!

Azza · 1 Mar 2017 at 12:14

Infernum said:
That looks like a very good idea. An Nightmare trying to work out the platform though.
From those links, I can't really see a platform that just charges a percentage each year, instead of having a percentage & a yearly charge. Only option appear to be iweb?
Am new to this

ahh I see the Monevator link has an easier to read section. Would a regular stocks and shares Isa be able to invest in the vanguard fund, or do you need a specific broker?

EDIT: Looking at the vanguard link, it says minimum of 100k needed for the fund Maybe a tenth of that would be ok

Snowman's spreadsheet has comments on the cells if you view it in Excel which detail how the custody charge is broken down.

Minimum investment depends on the partform you are with.

For example TD Direct is a minimum of £100 for one off, or £25 if you regularly invest monthly in funds.

Fidelity on the other hand is £100 one off, or £50 regular investment in funds... though I actually found that I could invest as little as £5 when amending their monthly investment. Not sure if you can still do that though as I've moved my ISA to TD Direct.

Infernum · 1 Mar 2017 at 20:31

Thanks for info, will have a look in Excel. Have just invested in a couple of the eToro Stock funds as they seem like a good idea.

Azza said:
Snowman's spreadsheet has comments on the cells if you view it in Excel which detail how the custody charge is broken down.
Minimum investment depends on the partform you are with.
For example TD Direct is a minimum of £100 for one off, or £25 if you regularly invest monthly in funds.
Fidelity on the other hand is £100 one off, or £50 regular investment in funds... though I actually found that I could invest as little as £5 when amending their monthly investment. Not sure if you can still do that though as I've moved my ISA to TD Direct.

booyaka said:
That's insitution fund money - it's the same basic fund via any platform but obviously the platform will have millions in that fund so the 100k is irrelevant. You invest what you want.
http://citywire.co.uk/money/warren-buffett-vanguard-founder-is-my-hero/a995795
If it's good enough for Buffet - it's good enough for me and my clients!

silversurfer · 3 Mar 2017 at 12:50

Snapchat is losing 500m a year. Valued at 33bn.
high school invested 15k and now owns millions in stock

Primary reasoning was students liked it - wow

On Thursday, Snapchat's parent company began trading on the New York Stock Exchange with a market value of $33 billion, or more than 7,750 times the valuation it had when the high school invested.

http://money.cnn.com/2017/03/02/technology/snapchat-ipo-high-school/index.html

unjustified surely ?

peterwalkley · 3 Mar 2017 at 15:45

Agree - snapchat is a crazy valuation. Are people just thinking google, facebook or apple will buy them out ? I can't see any investment case for it other than the greater fool theory.

mattyg · 3 Mar 2017 at 15:53

Hows this for growth

Graph starts at 116

Shares

LizardKing · 3 Mar 2017 at 16:05

This is my best, not quite a 10x but cant complain!

mattyg · 3 Mar 2017 at 16:27

LizardKing said:
This is my best, not quite a 10x but cant complain!

Oh its not mine.......Its just I've known about it since 2012 and I STILL haven't bought any shares.......Yes I've kicked myself LOTS and LOTS and LOTS. I still am. But all my money is tied up on other projects..

LizardKing · 3 Mar 2017 at 16:32

mattyg said:
Oh its not mine.......Its just I've known about it since 2012 and I STILL haven't bought any shares.......Yes I've kicked myself LOTS and LOTS and LOTS. I still am. But all my money is tied up on other projects..

should i? shouldnt i? the hardest bit, and never really knowing what is round the corner!

Thomas Cook was the one that got away from me.

mattyg · 3 Mar 2017 at 16:38

I work very closely with this group. I know when they are doing well as I get very busy. And I'm getting busier and busier.

413x · 3 Mar 2017 at 18:02

silversurfer said:
Snapchat is losing 500m a year. Valued at 33bn.
high school invested 15k and now owns millions in stock Primary reasoning was students liked it - wow

http://money.cnn.com/2017/03/02/technology/snapchat-ipo-high-school/index.html

unjustified surely ?

My view.. Same as twitter. If I was anyone with a significant investment I'd sell about now. I can't personally see it going much higher. It's a one trick pony. And threat from Facebook is high

I'd say the peak has now passed. I thought it would be on day one, not today!

I very much doubt it's worth anyone buying them out. Look at twitter. It's this low and still not been bought. Too difficult to monetise

Richeh · 3 Mar 2017 at 21:49

Does anyone here daytrade US stocks? If so what kind of data subscriptions do you have?

dowie · 8 Mar 2017 at 18:23

What do you actually want to learn to do? (If you're finding people selling courses etc.. then they're generally scams).

You're better off buying books covering the area you're interested in.

SupraWez · 8 Mar 2017 at 19:38

^^^^^^ agreed, the freebies you can attend are 99% sales pitches.

silversurfer · 10 Mar 2017 at 14:03

Exxon to take over BP ? Its very much USA already afaik, world supplier to the military. Didnt think of it as a bargain but maybe it fits for them
https://cfds.education/2017/03/10/f...nalysis-fundamentalanalysis-trader-daytrader/

I know people holding since that big accident and their failure there though it was a big deal, it damaged its long term value disproportionately. Maybe a rebrand is inevitable to realise its correct value. I've been saying sell any time its over 500 and buy under when bullish

Bt settles long term deals
http://www.iii.co.uk/articles/396724/bt-hits-six-week-high-after-openreach-deal

BT awaiting the outcome of Ofcom's Wholesale Local Access review that will determine whether there should be regulated pricing for fibre.

413x · 10 Mar 2017 at 19:10

Good stuff for BT. A price

BP seems interesting. I have all my oil share money in Pfc.

Been watching some of the hyped III hyped aim shares I considered buying after my decision to avoid AIM. Looks like it was a good decision.