Friday, November 09, 2007

My Thoughts on Buying Shares

I have mentioned before that I was thinking of where to invest my earnings so far. I have been contemplating investing in shares. I do not know much about share trading, although I have done so in the past. I have found a site that I can trade on and it charges £12.50 to buy and the same to sell. There is also a stamp duty tax when you sell. This means that if I invested £500 I would have to make at least £50 before I withdrew my money to break even. I am thinking on this for a while before I make any decisions.

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