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.
Continue reading “Watch those dealing fees…”
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.
Continue reading “Finding an online broker”
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!