Buying Shares (for dummies)

[Kellerman]

Hi,
Is there anyone that could steer me in the right direction on how to set up an account with a broker, and whats involved in buying shares.
Any recommendations would be much appreciated.

Ta

 

[CCOVICH]

Have a look at the Key Posts, where you are sure to find answers.

As a rule of thumb, shares are not suitable for 'dummies'. If you don't know where to begin, you may be better off investing through a unit linked or exchange traded fund (ETF), where charges are lower and the investment decisions are made by the fund manager.

 

[alpina]

Hi Kellerman, think some of the best advice you can obtain is to
read read read. I spent about five weeks in here prior to signing up.
So many times you will decide on a course of action and 20/30 posts
later will have a totally polarised view.

One thing you need to learn is that when you commit and execute
an order, walk away. Keep tabs on it but any rash decision as a result
of markets/indications may come back to bite you. Markets will even out
over time and hopefully show you a gain.

Then again I am pretty new so don't take my word, read & browse....

Best of luck !