Watch those dealing fees…

In my quest to find a new online broker to use as I take on my new role as the “amateur investor” I have come across an interesting offer from The Share Centre.
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Finding an online broker

So first things first. If I’m going to embark on my new life as an amateur investor, I need to find an online broker.

I already have online accounts with Hargreaves Lansdown (for my SIPP) and Norwich & Peterborough Building Society (N&P) for general share dealing, but I’ve decided that I’m going to open a new account with an online broker.
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Welcome to the Amateur Investor – An Introduction

Hello, and welcome to the first entry on the new Amateur Investor website.

As a small time amateur investor for years I have been buying and selling shares, bonds, PIBS and the like for more years than I care to remember. I have also (especially in recent years) made sure that my cash is earning as much interest as possible.

But after nearly 2 years of exceptionally low interest rates, I have decided that I am going to step up my investing a notch or two.

With the base rate standing at 0.5% and inflation well above the Bank of England target rate (2%) cash on deposit is losing value in real terms. So in an attempt to make my hard-earned cash work harder I have decided to move some of my cash into the stock market.

So this is the start of my journey. It could be a bumpy ride!