How Do I Buy and Sell Shares?
How do I buy and sell shares? For anyone looking into investing in shares for the first time, this is probably the initial question that needs answering.
When you want to buy and sell shares, you have to do this through a stockbroker. First of all, you’ll need to set up an account. This is easy, and with plenty of brokers competing for business, you have lots of choice.
For now, let’s look at the exciting part – how you actually place an order. Depending upon your broker, you can buy and sell shares either over the telephone or on-line. If you tell your broker to buy a particular share, he will look for the latest prices from firms called market makers and purchase your shares at the best price he can get. By law brokers are obliged to get you the best price available.
Your broker will then send you a contract note which gives all the details of your transaction. The contract note also tells you the date by which you must pay for your shares (many discount brokers want access to your cash before dealing).You must pay by the settlement date or else the broker will have to sell the shares again at whatever price he can get.
To sell shares you go through the same process – except of course that this time you want to get the highest possible price!
We go into much more detail and explain exactly how to choose a broker and how to set up an account, through an easy to follow, step by step guide into the exciting world of penny shares in our two starter handbooks - How To Buy & Sell Shares For Profit and How To Make Big Money In The Exciting World Of Penny Shares
And the best part is that you can receive these two guides absolutely FREE when you try Red Hot Penny Shares today.
We are offering you the chance of trying our service for one whole month, with no obligation. You will receive all of the following, which are yours to keep regardless of what you decide.
- An instantly downloadable copy of the latest issue
- A FREE book: How to Buy and Sell Shares For Profit
- A FREE book: How to Make Big Money in the Exciting World of Penny Shares
- A FREE report: Your 10 Simple Rules For Maximising Your Penny Share Profits
BUT if during your 1 month trial you decide Red Hot Penny Shares is not for you; simply call our customer service hotline on 020 7633 3601.
Here is just a small selection of other frequently asked questions that will be covered in full in our FREE handbooks.
What are shares?
Well, as their name suggests, if you hold shares you own a share of a company… Read more
What is a share price?
A broker who is dealing in shares doesn’t just quote one price for each share… Read more
Where do I buy shares?
The best return comes from the Stock Market… Read more
How much will buying and selling shares cost me?
Unfortunately there are charges involved in buying and selling shares… Read more
How much money do I need to start investing?
The first key point is that you should only invest spare money you can afford to lose… Read more
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