DELLBOY 08
Registered User
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I'm considering buying some shares in a large Irish bank. As someone who's never bought shares before, how do I go about doing this?
I'm considering buying some shares in a large Irish bank. As someone who's never bought shares before, how do I go about doing this?
I am also interested in buying some shares and maybe letting them sit for a few years. Can the bank share prices go any lower, maybe so but it will have to even out soon.
I just find how to go about exactly buying shares unclear and I keep getting bogged down with jargon and the different types of shares. Is there a coures that can be done to learn about share dealing.
I did the Solas course which I found good. Its a four hour course which ran over to about 5 hours. I found it cleared my mind and improved my understanding of share values and discussed how to protect yourself from heavy losses. Also covered was trading cost. This course cost 295 euros and I think it was worth it.
However when I trade I want to use the international brokers and trade online. This is mainly for the cost of the tranaction which would be around 10 dollars online compared to as much as 1.5% of value per trade in Ireland. I also feel more secure with the international brokerage because the companys are much larger.
Yet when I go online to say Interactive Brokers and look at the demo windows I panic. I find the amount of information and jargon is unclear and with these companys there no one to phone to explain the interface.
You can phone/have online chat with IB staff.
You can also opt to use IB's WebTrader, a simple buy/sell trading interface. See [broken link removed]