View Poll Results: Do you buy and sell shares on the Stock Market

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  • Yes, that's how I make a living.

    1 3.70%
  • Yes, I buy and sell shares frequently.

    4 14.81%
  • I would like to, but I'm scared of losing my money.

    17 62.96%
  • I used to, but I lost my money and decided never to do it again.

    0 0%
  • No, I would never buy and sell shares.

    5 18.52%
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Thread: The Stock Market

  1. #1
    HEXUS.social member Allen's Avatar
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    The Stock Market

    Anyone here actually buy and sell shares? Been talking to some guys at work who have invested a little bit of money into several companies to see how they do, and just wondered what others thought about it.

    If you do buy and sell, how do you do it? I know there's a lot of research involved but where do you get your info? And how do you actually buy and sell them?

  2. #2
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    I would be interested in doing it but the lack of money and knowledge are two pretty big reasons not to do it
    I don't mean to sound cold, or cruel, or vicious, but I am so that's the way it comes out.

  3. #3
    Civilian Nick F's Avatar
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    being a current student means no at the moment, although it is something I would love to get into. I always watch working lunch

  4. #4
    Cul-de-Sachian sybrows's Avatar
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    I Had a go at virtual share dealing for a while (bout two years ago) quite a laugh did'nt really know what i was doing though. At least i did'nt lose any dosh!!!
    BrOw

  5. #5
    0iD
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    I've often thought about it, but I've never had enough 'disposable income'. Having said that, my lil brother lost a few hundred thousand & it sorta put me off.
    [
    Quote Originally Posted by Blitzen
    When I say go, both walk in the opposite direction for 10 paces, draw handbags, then bitch-slap each other!

  6. #6
    Suck, Squish, Bang, Blow
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    I want to buy and sell shares but the little money that I do have, even if I do make money, will prob not be worth it.

    I'm doing some virtual share thing now at bullbearings.co.uk
    You've got to have a dream, if you don't have a dream, how you gonna have a dream come true?

  7. #7
    HEXUS.social member Allen's Avatar
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    Quote Originally Posted by 0iD
    Having said that, my lil brother lost a few hundred thousand & it sorta put me off.
    Sweet jesus! That's an insane amount of money to lose.

  8. #8
    ERU
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    Who in Arda is Ilúvatar ERU's Avatar
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    Quote Originally Posted by Allen
    Sweet jesus! That's an insane amount of money to lose.
    My reaction too!

  9. #9
    0iD
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    Quote Originally Posted by Allen
    Sweet jesus! That's an insane amount of money to lose.
    S'ok, he's a rich banker type dude. As opposed to me, who most months doesn't have a pot to p*ss in But I aint got his drive, ambition & more importantly stress.

    Family under-achiever & proud!
    [
    Quote Originally Posted by Blitzen
    When I say go, both walk in the opposite direction for 10 paces, draw handbags, then bitch-slap each other!

  10. #10
    HEXUS.social member Allen's Avatar
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    Quote Originally Posted by 0iD
    S'ok, he's a rich banker type dude. As opposed to me, who most months doesn't have a pot to p*ss in But I aint got his drive, ambition & more importantly stress.

    Family under-achiever & proud!
    You mean he doesn't share the wealth?

    Still, a few hundred k's is still a lot to lose, and I wouldn't want to.

    I'm only thinking of a couple of hundred, see how I go. Invest in multiple companies to spread the risk of losing all in one. I see someone chose the option for frequently buying and selling...

  11. #11
    Kirstie Allsopp Theo's Avatar
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    I've always been under than assumption that you need a fair amount of money to be able to actually play the stock market, so I've always shyed away from it. 90% of my income is spent on staying alive, so with what little I have left, I usually make a little extra pocket money by gambling on the GGs.

  12. #12
    HEXUS.social member Allen's Avatar
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    I can't understand horse racing, I always lose. But then I pick by name, rather than anything else.

  13. #13
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    Quote Originally Posted by Allen
    I can't understand horse racing, I always lose.
    But then I pick by name, rather than anything else.
    I wonder if the first and second comments are connected...

    ...

    ...

    ...

    Nah. Can't be.

  14. #14
    HEXUS.social member Allen's Avatar
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    Of course they were, but I meant I can't understand all the form thing they talk about and odds and such. That's why I have to pick by name.

    Anyway, back on track, where's a good place to start looking to read up on buying and selling? Even ft.com is too full of jargon for me!

  15. #15
    mutantbass head Lee H's Avatar
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    I made a nice wad of cash on my shares a few month ago

    Basically my last employer had a share scheme and I got my shares when the "market" decided that they we're out of date and as a result the shares took a battering. I added about 10 quid a month from my wage and got a fair few shares outta this. I left them for 2 years and then cashed them in when they had nearly hit 30-40% extra than what I paid.

    I've still got 100 shares left as these we're classed as too "immature" to cash and I check their value everyday via the lovely shareview website TSB have setup

  16. #16
    Photographer; for hire!! shiato storm's Avatar
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    get hold of a stock broker's firm, get them to invest at medium risk the money you have, sit back and wait for it all to settle and mature. the stock market is on the up - its took a sharp nose dive thanks to the sept 11 crash.
    you can select what sort of companies you want shares in e.g. biomedical, raw materials/mining etc. if you're lucky or read the papers you'll notice certain companies split shares to increase their value as the company does better. this has happened to me, and its a good thing as it can gain considerable profits. a good way to avoid CGT (capital gains tax) is by requesting to a broker that any profits made through selling shares is to re-invest, either by increasing existing shares in one company or another or by buying out high-risk company shares...this is last one is dodgy and can eitehr make you really rich or ruin you. so stick with medium risk. my portfolio is getting better after sept 11 (bl**dy terrorists) its still a bit below what I started out with but the margin increase each month - to me - seem like it'll be fine in no time.
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