gregh

I seem to remember that there were a fair few people on here into shares.

If I want to buy some UK shares, what is the quickest and cheapest way of doing it?

The 2 web sites I've looked at so far need me to register and then wait for forms to arrive in the post etc!

I just want to buy some shares today!

Greg

Ian Sutton

Are you buying to hold or is it in an out?
I think nearly all the stock brokers even online require a couple of days to get the forms/deposits and probally to run a few checks.

Id use a friends a/c if i needed to trade quickly, of course bearing inmind you might drag him over the capital gains margin if hes been dealing that financial year.Leaving you libel to the tax.

Do you have a tip you want to share??

...Ian

gregh

Hi Ian,

No hot tip really, I always said I would buy BT if it went under £10, which it did yesterday and went down further today.

So I really wanted to buy before it goes back up again!

cheers,

Greg

JohnH#2

I have bought BT today at £9.39, currently £9.35 to buy. I buy through my bank (First Direct), which although it costs a touch more and is done at 'best' rather than a guarenteed price (like an on-line trade), I do not need the funds until settlement 10 working days later.

gregh

JohnH#2 your a star, never thought of 1st Direct, happen to bank with them, so shares now bought!

Thanks again.

Greg

JohnH#2

Glad to be of help. Looks like a steal to me at this price!

Only one down-side - shares held on certificate and therefore you can't sell until you receive this in 3-4 weeks time!

gregh

No worries about the certificate, I'm getting into BT longish term, the break-up into 4 companies will push the price up in the coming year I reckon.

Greg

Ian Sutton

Now u tell poor Greg!!!!!

Adam M

I believe if you have an existing bank account with a switch card you can trade immediately (after registering on-line) with barclays stockbrokers. Not sure if it needs to be a barclays account though.

If they are for a long term hold, open a dlj direct share isa and buy your shares in there. They offer the lowest fees.

Be warned as you can only open one maxi isa a year.

I would suggest baltimore as a very strong long term (well over a year or two) hold.

Stick these in the isa and forget them. No capital gains tax and your laughing.

Remember, shares can go down as well as up, blah blah blah, nothnig in this message constitutes advice, it is meerly my own personal feeling having researched this for some time.

Ian Sutton

Thanx u guys for roping me in ..£9.34 i bought mine.

Fingers crossed.

gregh

Still going down, 'best' buy from 1st direct was 937, it's now 928 :^(

Greg

Mark Johnson

Try barclays can do it instantly whether a customer or not and it is only 12.00 a trade.

Hope this helps

James Neill

iTrader: (1)

I new we should have had a share trading forum - How about it Mr. webmaster?

James

Moz

You probably already know this, but, this is the time of year that BT issues shares to employees who are in their share save scheme and therefore they always manage to bring prices down to issue more shares to those employees, prices normally go up again after.

Lee Masters

Try this