Rob Hudson

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10:39 am on 29th June 2009 (218 views)

My First Go At Share Dealing

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Category : Investments

Well, we still haven't worked out what we're going to do with the equity release situation yet, but I've just read Mark Taylor's most recent article about regular savings and that got me thinking!

We've recently finished doing one those fixed term £50 a month plans. An endownment type of thing (we took it out ages ago and as expected made very little money - but we were young, free and crazy then and didn't know any better!).

The crux of it is that we now have £75 a month to do something with. I've often thought about dabbling in shares a little, but it always seems complicated, confusing and more to the point I know very little about it all. So, I've had a look around and I see there are a couple of sites that offer share dealing packages with, what seem to be, quite low fees (namely this one from the fool site: http://www.fool.co.uk/share-dealing/our-service.aspx#sharebuilder - now, on a side note, can the fool site please stop putting up articles on how to save money on your household bills - you can only switch providers so many times without becoming physcotic!).

It feels like it might be a good time to invest in shares as well. Probably a little more risky, but potentially good returns if I get it right.

As Mark says, I think I might dip my toe in and see how it goes...

Of course, I'm off on holiday in a couple of days. So a week surfing in the sun might make us think that we want to save it up each month and blow it on some new snowboarding gear for the winter. Oh that whole life/money balance thing... ;)

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  • Mark Taylor
    Mark Taylor at 13:39 29 June 2009
    Remember you could try drip- feeding your investment over the year by using a regular savings Stocks & Shares ISA plan.
    Report Abuse
  • Rob Hudson
    Rob Hudson at 15:32 29 June 2009
    Hi Mark. Our ISA allowance is all used up - which is a good thing :)

    Given the small amount, we're prepared to risk it and I suppose it could be quite interesting as well...
    Report Abuse
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