Buying shares for the incompetant

[littlegreenfairy]

There is a company I'd like to put a little money on - I've been told that I need someone who will deal with the AIM market (about to google what that is) and also a broker who wont charge a fortune.

It isn't a lot of money - about £100. I've got a really good feeling about it after talking to someone not connected but very knowledgable about the subject.

Soooo. How does one go ahead with it? I was tempted to google to find a company, but don't even know what I'm looking for.

Thanks chaps

[Eric Mc]

AIM = Alternative Investment Market.

The fact thatn you said "put money on" rather than "put money in" indicates that you are looking on this more as a gamble rather than an investment.

[littlegreenfairy]

Yes it is rather more of a gamble (short term) than an investment.

Thanks Eric

[ringram]

Ring around some of the internet brokers like H&L, III etc
I think it will take you a week or two to open the account and fund it etc. But you should be able to find someone to do it.

[matsmith]

you can deal with AIM stock with someone like barclays stockbrokers

[Tyre Smoke]

Hargreaves Lansdowne - Execute only share purchase.

[littlegreenfairy]

Tyre Smoke said:

Hargreaves Lansdowne - Execute only share purchase.

• face palm*

Completely forgotten about HL. I have some dealings with these people as it is (my dad was desperate for me to get some kind of solid pension/savings behind me)

Thanks

[mcflurry]

The commission will eat a huge chunk of your £100 investment...

[littlegreenfairy]

mcflurry said:

The commission will eat a huge chunk of your £100 investment...

Is there a cheaper way of doing it?

What would you suggest?

(am open to all ideas )

[matsmith]

spread bet with someone like IG Index?

[Broken Hero]

execution only isnt expensive

[Mattt]

matsmith said:

spread bet with someone like IG Index?

- tax advantages too.

[Somewhatfoolish]

why do you wanna put money on it? The best reason to buy shares is usually inside information, if you have that then go for it, but make sure the entire market doesn't know already..