The buying and selling of shares through the Hargreaves and Lansdown company can allow you to have a greater say in what you would like to have your money invested in and can also improve the financial returns but can also be seriously damaging to your funds as risks have to be measured carefully.
Large companies are generally seen to be a safer option in the long term in the money market place such as companies that are in the FTSE 100 such as Shell, HSBC, Barratt Developments, GlaxsoSmithKline and BT Group to name a few. These companies are also within their own specific sectors which may have better returns depending on developments in their fields and the supply and demand of services and products.
Research and caution can minimise risks but as with all companies share prices can go up up up but also down down down. It’s a gamble and depending on your feelings toward risk changes in value can be dramatic as I have personally experienced the good and the bad.
My first uneducated mistake was that investing Paypal shares was a no-brainer how wrong I was! We all learn from our mistakes.
There are always news feeds and people giving advice and recommendations on what to buy and sell. All I can say about that is do your fact checking by seeking out other sources of information that may not be so biased. Remember how history showed us that Doctors used to recommend Camel cigarettes on very biased research.
Buy low and sell high is the traders favourite expression which works a lot of the time and makes sense. Some companies can sky rocket and some just tank. Sometimes you have to use your common sense logic that all of what appears isn’t always the case as companies, media and governments do a very good job at manipulating the masses to lean towards a certain direction as is with the current fuel crisis. Oil and gas giants are not keen on green renewable energy even though our governments appear to be trying to save the planet.
The future will be greener and as the Shetlands is already proving with its Tidal wave energy.
Buying of shares can be done through brokers who take a small fee for buying and selling. Alternatively Hargreaves and Lansdown ISA investor Share purchases are a tax free option. Independent share dealers such as Freetrade which are trading apps that don’t take commission fees.