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Hi I am interested in buying shares in an American company called Manhattan Scientifics, how do I go around doing it? By the way I’m only 15 but I can get my parents to do it.
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Just the way they are worked out arsenide.
"buying shares"
"I just didn't get the bit about shares"
"I just didn't get the bit about shares"
Wahl, I understand now arsenide, I understand the maths bit of, I just didn’t get the bit about the shares, which I do now.
Don't bother trying to explain anything to poopots, he's an idiot.
poopots wrote:
> How much is a share?
>
> At the moment they are at 0.07 (well that’s rounded up. But I don’t
> know what currency that is in as it is an American company. But what
> I don’t understand is, if there shares go up 10% do I get 10% of the
> money I put in?
It's $0.07 a share, almost nothing, which makes it seem an ideal gamble. Anyway, since you seem to be having trouble grasping the maths here is the gist:
You buy 1000 shares @ $0.07 each Total cost = $70 + fees
Say the shares go up to $0.7 each.
You have 1000 shares worth $0.7 each, total value $700.
When you sell these shares you will get back $700 - fees from an investment of around $70. Nice.
> How much is a share?
>
> At the moment they are at 0.07 (well that’s rounded up. But I don’t
> know what currency that is in as it is an American company. But what
> I don’t understand is, if there shares go up 10% do I get 10% of the
> money I put in?
It's $0.07 a share, almost nothing, which makes it seem an ideal gamble. Anyway, since you seem to be having trouble grasping the maths here is the gist:
You buy 1000 shares @ $0.07 each Total cost = $70 + fees
Say the shares go up to $0.7 each.
You have 1000 shares worth $0.7 each, total value $700.
When you sell these shares you will get back $700 - fees from an investment of around $70. Nice.
> How much is a share?
At the moment they are at 0.07 (well that’s rounded up. But I don’t know what currency that is in as it is an American company. But what I don’t understand is, if there shares go up 10% do I get 10% of the money I put in?
At the moment they are at 0.07 (well that’s rounded up. But I don’t know what currency that is in as it is an American company. But what I don’t understand is, if there shares go up 10% do I get 10% of the money I put in?
My parents have some shares, it turns out they would have got more money back if they put all their investment in a bank.
you would probably have sold up at 30 - I know I would unless there was something else telling me not to. Investment is like gambling - you have to know when to quit, and you have to start off small, otherwise you lose big and have to play big to get it back.
I'd planned to invest 300 quid in a company named British Biotech, but never got around to doing it, when I planned to buy, shares were 3p a piece, 6 months later, they were 60p a piece.
Kicking myself?
No, I got other people to do that for me.
They've gone bust now, but I'd have sold up at 60, easily, because well, I = greedy.
Kicking myself?
No, I got other people to do that for me.
They've gone bust now, but I'd have sold up at 60, easily, because well, I = greedy.
A new low for this forum when people start talking about investing their money in shares. I jest :P
It's something I'm interested in, but I dont think it's as simple as picking a company on the FTSE and saying how many shares you want. I'm sure Yahoo! use to do a thing where you could pretend to invest just to see how well you could do without risking any real money.
It's something I'm interested in, but I dont think it's as simple as picking a company on the FTSE and saying how many shares you want. I'm sure Yahoo! use to do a thing where you could pretend to invest just to see how well you could do without risking any real money.
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