FAO: Stockbrokers - Saxperience

djrem · 21st January 2009, 12:20

RBS crashed to 10p right?
And the usual share price was £6.00 ish.

So if i brought £20,000 worth of shares.
Wait for a year.

They go up to 20p.

I've made £20,000 profit ontop of the original £20,000 ?

Anyone a broker on here with tips/advice into current good investments?

Don't mind doing the official route through the phone if you dont want to post.

PM away / Post

Robb · 21st January 2009, 12:23

Heard someone in our office saying it would be a good time to buy RBS shares... cause the government would never let them go bust...

betty02 · 21st January 2009, 12:23

10p a shre? id be interested at that price tbh!

Dan-Subtle^m · 21st January 2009, 12:24

you also have to pay a certain amount to the broker who sells them for you and there is certain other costs involved, tbh not worth getting in to unless you know what your doing.

Amiee · 21st January 2009, 12:24

Rem in theory yeh that would work, but you can never predict the markets going to get better in a year..

Plus if the company goes down, like northern rock did,and even if they are nationalised the shares vanish and its wiped off the stock market! Therefore you lose your money all together!

Few of our clients have had this problem!

Danr · 21st January 2009, 12:25

Quote:

Originally Posted by Robb

Heard someone in our office saying it would be a good time to buy RBS shares... cause the government would never let them go bust...

Our office has been saying this for 2 days now.

Would be worth investing imo. I don't know a huge amount about it but if you keep hold of them for ages they will surely go up

djrem · 21st January 2009, 12:25

I already understand shares.
Just want to know if there are any companys that boom on a recession that are goverment owned but still PLC.

The guy next to me has just brought £10,000 RBS Shares.
The rents brought shit loads of M&S when they crashed a couple of years ago to hang onto on a rainy day.

Think they sold them in the last few months before the Retail Crash.

Amiee · 21st January 2009, 12:26

Quote:

Originally Posted by SubtleVTR

you also have to pay a certain amount to the broker who sells them for you and there is certain other costs involved, tbh not worth getting in to unless you know what your doing.

Stockbrokers like Stocktrade doesnt really cost much to set up, just the monthly costs (11.75 i think) to keep your account open that will run up cost!

betty02 · 21st January 2009, 12:26

My uncle invested 15 grand into northern rock just before the went down.

Gutted

djrem · 21st January 2009, 12:28

Quote:

Originally Posted by Amiee

Stockbrokers like Stocktrade doesnt really cost much to set up, just the monthly costs (11.75 i think) to keep your account open that will run up cost!

£141 taken from a potential £20,000 profit.
Just means buy big, to win big.

Barry123 · 21st January 2009, 12:29

my advice would be to watch prime ministers Questions (now one), very carefully mate...

Harv · 21st January 2009, 12:32

It could be worth it but would you really want £20k tied up for a year?? City Traders would be doing this if they thought they would rise anytime soon but obviously not. But I guess they deal in very short term shares where they can buy and sell and make profits within minutes/hours/days etc.

Its up to you...could be worth it but then again, 20k is a hefty amount and having it tied up for a year or even 2 years wouldn't be my cup of tea.

Not sure if you've been watching that 'Million Dollar Traders' thing on BBC but its quite good I think. Link to iPlayer http://www.bbc.co.uk/programmes/b00gsr4p.

Barry123 · 21st January 2009, 12:35

Quote:

Originally Posted by Harv

Not sure if you've been watching that 'Million Dollar Traders' thing on BBC but its quite good I think. Link to iPlayer http://www.bbc.co.uk/programmes/b00gsr4p.

been watching it too... that old guy

lost them shit loads lol

djrem · 21st January 2009, 12:36

Lets say i want to make £10,000 overnight.
Who/Where/What is the best place/person to find the information out from?

Harv · 21st January 2009, 12:41

Quote:

Originally Posted by djrem

Lets say i want to make £10,000 overnight.
Who/Where/What is the best place/person to find the information out from?

Well you mostly have to think about it yourself mate. Tons of research go into it, thats what city traders do..hence their job lol. Loads of people complain about the bonuses they take etc, but its a really hard job to be fair! Only way your going to get information is by looking at trends and patterns in the market, speaking to people inside banks with inside information, looking at depth into the news etc. Its not easy at all to find information to make £10,000 overnight lol, unless you know someone in the business who could point you in the right direction

djrem · 21st January 2009, 12:42

Cheers honey.

Right, time to ring up my pal Fat Sam from school.
Think he works for Cootes bank now. He must over hear enough

Harv · 21st January 2009, 12:44

Quote:

Originally Posted by djrem

Cheers honey.

Right, time to ring up my pal Fat Sam from school.
Think he works for Cootes bank now. He must over hear enough

Lol

. Yeah he might have some inside information that could help you. I'm sure someone my mum and dad used to know did this, the husband was a manager at a bank, the wife stayed at home without a job and they somehow made ALOT of money! They also knew what they were doing with shares and on the stock market, they were buying houses for £3million after living in a £300k house lol.

boz · 21st January 2009, 12:47

invest it into plantations, bog roll companies,anything to do with paper or anywhere that has anything to do with milk. things that are needed on a daily basis.

investing in things on the verge of a big recession is very very risky mate. people that do it dont mind if they loose or not as they are normally minted. its alot of your cash to loose if it dosnt go the way you planned.

do what my mate did. him and a few mates went in on some land and paid some guy to plant xmas trees. they do it on a rotational crop cycle. they invested 4yrs ago. he is worth a mint now, was telling me the other day how much he made this xmas. gutted, i was asked if i wanted in, but i needed the cash towards my deposit for the house lol

betty02 · 21st January 2009, 12:50

tbh after june id be really interested in to getting into investing some money, tis never easy thoguh and takes bloody ages of research, but its something im gunna be serious about, fair enough i dont have a large amount like 10k but im happy to make bit by bit n keep re investing it etc.

Takes time, money, risks and research really, wnt to do it have no idea where to start!

djrem · 21st January 2009, 12:59

Well, I'm very fortunate to be potentially in the situation to invest.
I didnt do a lot for my 18th and my parents have gone all out on my 21st.

They would like me to get a new car but I'm in two minds.
I drive a clapped out 1998 Red Shogan and its fine. Gets me from A to B via a hill.

I really like the Z4 Coupe Automatics but haven't test driven one yet.
So I'm in two minds.
Do I buy a car that has a new model shape coming out in a few months.
OR
Do I take that cash and buy shares for those months and then get a new car with the second hand price being a lot cheaper with the shape change.