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Buying shares

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  • 18-11-2010 5:33pm
    #1
    Closed Accounts Posts: 2


    Hello

    A good friend of mine from the US said I should buy shares in a certain company. I didn't admit to him that I didn't know where to begin.

    What should I do if I wanted to buy shares in an American company? I think I need a broker?

    Many thanks
    Paul


Comments

  • Moderators, Category Moderators, Home & Garden Moderators, Recreation & Hobbies Moderators Posts: 22,379 CMod ✭✭✭✭Pawwed Rig


    pukaaloop wrote: »
    Hello

    A good friend of mine from the US said I should buy shares in a certain company. I didn't admit to him that I didn't know where to begin.

    What should I do if I wanted to buy shares in an American company? I think I need a broker?
    l

    There are plenty of on-line brokers that are secure. I have a US trading account but I heard they weren't accepting non US people anymore. I am in the process of setting up an Irish trading account too. I can PM you the site if you want although I can't vouch for them yet.
    It comes down to cost. My US account is $10 per trade regardless of size. I have never found an Irish one that cheap. Some brokers charge a %age whereas with others it is a flat fee. Also it depends how much you are investing. For example there is no point in buying €100 worth of shares if you need to pay fees out of that.


  • Closed Accounts Posts: 2 pukaaloop


    Thanks for replying

    I have a few thousand euro to invest, but again, I am a total beginner in this. I just would love to know the basic mechanism of buying shares, and where I should go.


  • Registered Users Posts: 1,801 ✭✭✭cormee


    pukaaloop wrote: »
    Hello

    A good friend of mine from the US said I should buy shares in a certain company. I didn't admit to him that I didn't know where to begin.

    What should I do if I wanted to buy shares in an American company? I think I need a broker?

    Many thanks
    Paul

    :confused:

    You need to add H1 tags?


  • Closed Accounts Posts: 9,700 ✭✭✭tricky D


    Is your friend a financial advisor?

    Is this the right forum?

    cormee wrote: »
    :confused:

    You need to add H1 tags?

    I've got great returns from those.


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