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"Buying shares."

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Tue 04/01/05 at 15:24
Regular
"Just ram it in!"
Posts: 1,036
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.
Tue 04/01/05 at 18:16
Regular
"+34 Intellect"
Posts: 21,334
Perhaps, but i could easily have lost the lot.
Tue 04/01/05 at 17:56
Regular
"wow"
Posts: 558
cookie monster wrote:
> I would say a decent profit is about £100-200, you can make that
> without investing £1000, i know because i almost made
> £150 from a £530 investment.

i bet you were kicking yourself for not investing more if you made that much
Tue 04/01/05 at 17:54
Regular
"+34 Intellect"
Posts: 21,334
I would say a decent profit is about £100-200, you can make that without investing £1000, i know because i almost made £150 from a £530 investment.
Tue 04/01/05 at 17:41
Regular
"wow"
Posts: 558
cookie monster wrote:
> You dont need to invest thousands to make a decent profit at all, just
> picking the right share.

i have actually dabbled in shares myself and don't need my parents to do so for me. It is hard to make a profit (at least a notable one) without a big investment (due to fees and such) unless you invest in very risky sorts of shares, where you get for example X10 more than what you buy, but likwise have to pay out X10 more if you loose.
Tue 04/01/05 at 17:25
Regular
"+34 Intellect"
Posts: 21,334
You dont need to invest thousands to make a decent profit at all, just picking the right share.
Tue 04/01/05 at 17:00
Regular
"wow"
Posts: 558
Timmargh wrote:
> You buy shares and then make/lose money when you sell them.
>
> 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.

but the fees and taxare usually set at a percentage and say £20 handeling cost, so you need to get your parents to invest much more money (1000's)if you stand to make anything.
Tue 04/01/05 at 15:53
Regular
"+34 Intellect"
Posts: 21,334
or†ega wrote:
> whoops, you held onto them too long?
>
> got too greedy? :D
>
> I've done it in the past too...you're in the situation where you've
> made a tidy profit if you sell them, but you've got the feeling that
> they will go up even further...

It wasnt that, i just wasnt quick enough. I saw they hit about 695 and went to sell them by which time the stock market was closed, the next morning they lost about 65 points.
Tue 04/01/05 at 15:52
Regular
Posts: 2,464
44 pounds.
Tue 04/01/05 at 15:46
Regular
"The definitive tag"
Posts: 3,752
poopots wrote:
> 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.

How much is a share?
Tue 04/01/05 at 15:46
Regular
Posts: 15,579
whoops, you held onto them too long?

got too greedy? :D

I've done it in the past too...you're in the situation where you've made a tidy profit if you sell them, but you've got the feeling that they will go up even further...

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