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i'm with www.iwebsharedealing.co.uk which let you trade for £10 if its on the FTSE
They do american shares too, although they cost more to trade.
For example: you buy 100 shares priced 80p each - this costs you £80. If these shares rise to £1 each and you sell them, you get £100 and therefore make a £20 profit. If they drop to 50p and you sell them, you get £50 and therefore make a £30 loss. This doesn't include taxes and fees.
So, once you've made the initial outlay (i.e. bought the shares) you don't need to spend any more money, you own those shares until you sell them - it's only then that you make a profit/loss.
got a phat dividends from Lloyds this year. Bought the shares for £4.47 yet they pay 30p dividends a year which represents just under 7% return!
They have also made a tidy gain, up to almost 480 today.
You still got your marconi shares cookie?
> You still got your marconi shares cookie?
Unfortunately, yes.