Buying shares

[keverton]

Ok people please forgive my naiveity, but i am after buying some RBS shares, do i simply go on the rbs online site and open up a share dealing account, then buy the amount of shares i want. Also what are people's opinion on buying shares in the banks in the current climate, i think if you are looking at it long term ie 2 years plus you will be making some good profit
Thoughts

 

[HalewoodBlue_ver.2.0]

You got to go through a stockbroker, someone like this

TD Waterhouse - Putting you in control of your Investments. There is loads out there though

 

[keverton]

Thanks halewood that explains a lot to me. I now know how to buy and sell them. I am thinking of buying about £150 worth of shares and leaving them for a few years and then hopfully make a bob or 2

 

[marekb]

have a look around iii - interactive investor - Free Portfolio, Share dealing, ISAs, PEPs, SIPPs, CFDs, Spread betting - Interactive Investor

have a look at any sharebuilder or portfolio builder plans any brokers have, cut short they will trade usually on one day a week for a cut down fee.

 

[keverton]

Thats great information and muchly appreciated, looking back at Royal Bank of Scotland. If i bought some shares in them tomorrow and then they get owned by the goverment or nationlised i think thats what they call it will my shares then be worthless as from reading certain articles the genaral concensus is that they will be 100% owned by the goverment as at the moment they are 70% owned by the goverment

 

[Sharpattack]

You might as well just blow the money on a good night out. Anyone contemplating buying Bank shares needs their head examined.

 

[Tennessee Blue Mike]

Don't know about that last comment. You may be right but most money makers always get in and position themselves when the herd is against you and then sell when everyone is on board signing the praises of a investment. Is RBS to big to fail and will that cause shareholder harm?

 

[WA Toffee]

You might as well just blow the money on a good night out. Anyone contemplating buying Bank shares needs their head examined.

Wasn't it Warren Buffet who said "Get scared when people get greedy and get greedy when people get scared" or something like that? I think he knows a thing or two about investing. There is a risk that the bank you invest in may go broke, but as the share prices are very low at the moment, it is a good time to be investing. (Not just banks, but all shares in general)

 

[danausi]

Thanks halewood that explains a lot to me. I now know how to buy and sell them. I am thinking of buying about £150 worth of shares and leaving them for a few years and then hopfully make a bob or 2

Mate in all honesty its barely worth buying £150 of shares because the transaction costs to buy and sell will eat up a large proportion of any profits (should you be lucky).

 

[Reidy's Bottle Of Grecian]

stick it on hibbo for sunday