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Old 20.10.2008, 22:40
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Buying Shares

Hi
I am interested in buying some shares. I am a real novice at this, a virgin in fact . Could anyone point me in the direction of an organisation / online website that would allow me to buy shares from the New York Stock exchange (preferably in English). Thanks
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Old 20.10.2008, 22:42
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Re: Buying Shares

https://us.etrade.com/e/t/home
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Old 20.10.2008, 23:14
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Re: Buying Shares

If you want something in Switzerland, Swiss Quote is the leading online broker (that is also a bank under CH regulations).

You can trade and keep money in $US, Euro, CHF etc. without a problem. You can link your account to your bank account for easy transfers in either direction.

The website is available in English.

http://swissquote.ch/index_e.html
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Old 20.10.2008, 23:38
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Re: Buying Shares

Remember. Buy low, sell high!

There are many bargains right now. I just bought some shares on Friday.
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Old 20.10.2008, 23:52
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Re: Buying Shares

This crash makes me so happy: I have cash and am bargain hunting.
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Old 21.10.2008, 20:47
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Re: Buying Shares

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This crash makes me so happy: I have cash and am bargain hunting.
Me too, I've been hoarding cash for a couple of years now, just waiting for the bargains
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Old 21.10.2008, 20:53
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Re: Buying Shares

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Hi
I am interested in buying some shares. I am a real novice at this, a virgin in fact . Could anyone point me in the direction of an organisation / online website that would allow me to buy shares from the New York Stock exchange (preferably in English). Thanks
It depends a lot on what you want to do. If you only talking about a couple of transactions a year, then your current bank should be able to handle it for you no problem.

If you are doing say 10 or 15 transactions a month then have a look at SwissQuote.

Good luck,

Jim
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Old 21.10.2008, 21:12
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Re: Buying Shares

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Hi
I am interested in buying some shares. I am a real novice at this, a virgin in fact .
Quote:
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Good luck
To quote Mark Twain:
Quote:
OCTOBER: This is one of the peculiarly dangerous months to speculate in stocks in. The other are July, January, September, April, November, May, March, June, December, August, and February.
Let me join Jim2007 in wishing you good luck.
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Old 21.10.2008, 21:15
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Re: Buying Shares

Warning:

The value of shares may go up as well as down
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Old 21.10.2008, 22:07
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Re: Buying Shares

Since I am in a quoting mood let me quote Will Rogers:
Quote:
Don't gamble; take all your savings and buy some good stock and hold it till it goes up, then sell it. If it don't go up, don't buy it.
More seriously, stocks are cheap (which does not mean that they will not be cheaper next month ), and I will end with a Warren Buffet quote:
Quote:
We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
There is a lot of fear these days, so it may well pay to be greedy.
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Old 23.10.2008, 18:07
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Re: Buying Shares

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It depends a lot on what you want to do. If you only talking about a couple of transactions a year, then your current bank should be able to handle it for you no problem.

If you are doing say 10 or 15 transactions a month then have a look at SwissQuote.

Good luck,

Jim
I am not sure about buying shares but would like to know how swissquote works for currency trading (e-forex)?

As I can keep money in 3 currencies (euro, CHF and USD), can i change CHF to euros at the visible rates on website and then transfer (or cash out) these euros?
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Old 24.10.2008, 00:19
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Re: Buying Shares

Hi

I signed up for swissquote and am waiting for the paper work to come. It was all easy so far. I am interested to see that someone mentioned that the banks can do it if it is for only a few purchases a year. does anyone know how much this costs. Also with swissquote on the web site it mentioned a fee of 35chf . Is this per purchase or is it per month, year???? Thanks again to everyone who has answered. I will take a big gulp when it comes to the first purchase but I am keen to give it a go.
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Old 24.10.2008, 10:25
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Re: Buying Shares

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Hi

I signed up for swissquote and am waiting for the paper work to come. It was all easy so far. I am interested to see that someone mentioned that the banks can do it if it is for only a few purchases a year. does anyone know how much this costs. Also with swissquote on the web site it mentioned a fee of 35chf . Is this per purchase or is it per month, year???? Thanks again to everyone who has answered. I will take a big gulp when it comes to the first purchase but I am keen to give it a go.
My only advice would be - don't "gamble" with more than you would be able to afford to lose without it significantly impacting your life. There are an awful lot of people out there investing in the stock market who are cleverer than you and me, have better and faster access to information than us, and understand intimately how the whole thing works, and even then a lot of them are losing money at the moment... You mentioned you were a novice, so keep the bets small whilst you are learning and getting comfortable with how it all works, and never be scared to admit if your idea was wrong and cut your losses...

And good luck from me too!
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Old 24.10.2008, 10:31
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Re: Buying Shares

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Hi

I signed up for swissquote and am waiting for the paper work to come. It was all easy so far. I am interested to see that someone mentioned that the banks can do it if it is for only a few purchases a year. does anyone know how much this costs. Also with swissquote on the web site it mentioned a fee of 35chf . Is this per purchase or is it per month, year???? Thanks again to everyone who has answered. I will take a big gulp when it comes to the first purchase but I am keen to give it a go.
Be wary of transaction costs. Some banks or brokers charge a flat rate for transactions, some charge a flat rate below a certain amount and then a percentage above a certain return.

Check and find out exactly what the costs of a transaction are.

Migros bank, for example charge a flat rate of 40.-
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Old 24.10.2008, 10:44
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Re: Buying Shares

Quote:
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Hi

I signed up for swissquote and am waiting for the paper work to come. It was all easy so far. I am interested to see that someone mentioned that the banks can do it if it is for only a few purchases a year. does anyone know how much this costs. Also with swissquote on the web site it mentioned a fee of 35chf . Is this per purchase or is it per month, year???? Thanks again to everyone who has answered. I will take a big gulp when it comes to the first purchase but I am keen to give it a go.

Here are the fees for SwissQuote. Click on the "Stock Markets" line for the fees. The cost depends on the total value of the shares you buy or sell as well as the exchange.

http://swissquote.ch/index/index_services_e.html

Remember in Switzerland that there is a Federal stamp tax on all transactions no matter where you buy or sell your shares. There however is no capital gains tax.
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Old 01.09.2015, 22:54
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Re: Buying Shares

Hi Guys

I also have just registered with SwissQuote. Please can someone answer afew questions.
1. Is there a min amount of shares I can buy? (Looking at oil shares)
2. How long can I hold these shares?
3. Are ETF shares a way to go? If so, do I have control of buying and selling these shares through SwissQuote? Or does Swiss Quote do the trading for me?

If anyone is a fundi on buying shares, I am happy to meet up and discuss this in a little more detail. I live in Rothrist AG, so am pretty much central.

Much appreciate your responses.

Ryan
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