Stock market - how low will it go

[rogerfederer]

Can someone tell me the best UK platform to purchase shares? I haven't bought since 2008 and I've forgotten what site I used to use, plus there are probably better options now.

I'm a bit slow so I need a nice easy to use UI.

Absolutely do NOT use Hargreaves Lansdown - ATW's suggestion. Hugely high transfer fees, the highest in the industry in fact!

In addition their compound management fees are pure extortion. Keep with the intelligentsia and use another platform. I've used many and iWeb is a good all rounder for SIPP or normal share account. Be sure to use your Stocks&Shares ISA allowance before just buying random shares through a non-ISA wrapper.

[scooterscot]

I'd recommend using Hargreaves Lansdown. Found them to be excellent, online & phone. The fees are not a concern if you're trading at a certain budget (Usually 4-5 figured sums in my case @ ~£15 a go - peanuts)


Quick, Quality, & cheap, pick any two when it comes to trading platforms.

[Zigenare]

I'd recommend using Hargreaves Lansdown. Found them to be excellent, online & phone. The fees are not a concern if you're trading at a certain budget (Usually 4-5 figured sums in my case @ ~£15 a go - peanuts)


Quick, Quality, & cheap, pick any two when it comes to trading platforms.

HL charges

[scooterscot]

In the 0.25% here which is fine, trading less than 10 times a year and the gains far outstrip the expenses.

[jamesbrown]

Avoid HL like the plague. They are aimed at the mass market and those that don’t know any better.

[xoggoth]

Avoid HL like the plague. They are aimed at the mass market and those that don’t know any better.

Since I use 'em so you're probably right.

[jamesbrown]

Since I use 'em so you're probably right.

I have used them too But they are a rip off.

[BlueSharp]

I'm using you invest / AJ Bell.

[rogerfederer]

Avoid HL like the plague. They are aimed at the mass market and those that don’t know any better.

This guy knows.

You should be using your ISA allowances and a SIPP before considering a general stocks and shares account. By all means sign up to HL, but don't use them, just use their 'research'. The word 'research' is loosely used, given that they have promoted various tulip funds for many years that have performed poorer than a basic cheap vanguard index tracker.

[Whorty]

Out drinking tonight, mate has lost £85K this week from his pot and looking like he will hit £100K on Monday

These are with major provider !!!! And he is nearly ready to cash in!!

If he's close to retirement and he still has the majority of his pension pot in shares then he should have considered some pension advice. Shares are fine when you're years away from retirement, and pound cost averaging helps, but the closer you get to retirement you should be moving your funds to less volatile assets.

Personally I'll be watching the stock market and will be pumping in some cash once the reaches a low enough value that I'm confident, in the long term, it will grow again back up to 7500+

As for Hargreaves Landsdowne (as noted by others) ..... there are much better advisers out there. Be careful that they don't try to convince you to transfer all your funds for them to manage!