Trading in shares online

thepharcyde · 11 Aug 2007 at 08:42

With the recent slump on most global stock markets, I would like to capitalise on lower prices and buy a small portfolio of my own pending this weeks activity etc.

I have Bloomberg at home so I have access to real time info etc, but need a recommended company to trade with. I have just been looking at Barclays who charge reasonable fees on trades placed, but the settlement period on UK Equities is trade date plus 10!!!

Anyone else trade online recommend a good site for certificated trading, I am not interested in spread betting?

Thank you

Glaucus · 11 Aug 2007 at 08:53

don't use halifax
dont use iweb

Jarvis Investment Management are good, no idea about barclay

http://www.moneysupermarket.com/shares/CompareSharesForm.asp
look here for a comparison.

siandtina · 11 Aug 2007 at 08:57

I use barclays stockbrokers, they seem ok. settlement used to be 3 working days....didn't realise they had boosted it up to 10!

No complaints about their system, pretty easy to use and manage your portfolio in.

Si

Glaucus · 11 Aug 2007 at 09:28

tebanski said:
snip

Might want to * that swear word out.

tebanski · 11 Aug 2007 at 09:34

AcidHell2 said:
Might want to * that swear word out.

Cheers 'AcidHell2' - great name BTW,

my acid hell was 'getting to frips with purple hommes', yep, they were naughty

thepharcyde · 11 Aug 2007 at 09:54

Its a big gamble but I work in asset management so am constantly aware of market conditions etc, and I believe we are possibly heading towards a bear market so using my novice knowledge would like to capitalise on it if possible as opposed to paying extra to my pension contributions which are all invested into funds anyhow. I am only 26 so would like to take a gamble if it works fine, if it don't I am not going to put in too much anyhow around 2k in UK Equities and just leave it/invest in and out of UK stocks until I get a bit more confident and maybe diverse into other countries like emerging markets where the risks are higher but the returns can be very very good.

neocon · 11 Aug 2007 at 10:16

thepharcyde said:
With the recent slump on most global stock markets, I would like to capitalise on lower prices and buy a small portfolio of my own pending this weeks activity etc.

I have Bloomberg at home so I have access to real time info etc, but need a recommended company to trade with. I have just been looking at Barclays who charge reasonable fees on trades placed, but the settlement period on UK Equities is trade date plus 10!!!

Anyone else trade online recommend a good site for certificated trading, I am not interested in spread betting?

Thank you

are you going to catch a falling knife?

Munky1080 · 11 Aug 2007 at 11:52

I recommend etrade. I've been using it since the mid 90's and have nothing but good things to say about them; although I only trade in american securities. I'm not experienced in their UK shares account.

Mckee · 11 Aug 2007 at 12:04

i'm with barclays. They have a pretty decent research centre that you get when you sign up.

maranello168 · 11 Aug 2007 at 12:12

i also use etrade, so far so good

frosty03 · 11 Aug 2007 at 12:41

tdwaterhouse.co.uk for me. No probs with them.

silversurfer · 11 Aug 2007 at 13:53

Just dont invest anything you cant say goodbye to, at least for 10 years. Have a look at the ftse, its barely risen over the last 10 years

Rossmac · 11 Aug 2007 at 15:36

thepharcyde said:
I have Bloomberg at home so I have access to real time info etc

How did you get it at home??

Doesn't it cost a fortune to license for one PC?

Ev0 · 11 Aug 2007 at 15:50

I just use the HSBC share dealing thing that's linked to my online banking.

I've been having similar thoughts lately too, have had some nice little earners in the past and would like some more

carvegio · 11 Aug 2007 at 15:58

silversurfer said:
Just dont invest anything you cant say goodbye to, at least for 10 years. Have a look at the ftse, its barely risen over the last 10 years

True if you don't know what you are doing but nonsense otherwise. Have you taken into account dividends in that calculation or just looked at what it was 10 years ago and what it is now?

Have a look at most of the big blue chip companies share prices over the last ten years and you will see they have gone up.....

NiccoLau · 11 Aug 2007 at 16:06

Rossmac said:
How did you get it at home??

Doesn't it cost a fortune to license for one PC?

Any answer to this?

Rossmac · 11 Aug 2007 at 16:54

NiccoLau said:
Any answer to this?

In the asset room bloomberg apparently costs £30,000 per machine, is that true or false?

neocon · 11 Aug 2007 at 17:24

NiccoLau said:
Any answer to this?

he's confused? if he had bloomberg terminal i doubt he'd be asking who to trade with :confused:

Rossmac · 11 Aug 2007 at 17:38

neocon said:
he's confused? if he had bloomberg terminal i doubt he'd be asking who to trade with

Again, I found this strange...

silversurfer · 11 Aug 2007 at 18:35

carvegio said:
True if you don't know what you are doing but nonsense otherwise. Have you taken into account dividends in that calculation or just looked at what it was 10 years ago and what it is now?

Have a look at most of the big blue chip companies share prices over the last ten years and you will see they have gone up.....

Your right, it was the all share I was looking at and over 7 not 10 years. Do you know where to get the average dividend given, Ive seen it somewhere. I presume its not that much more then the average inflation over the period