Hi,
I would like to invest a relatively small amount (~5000) on a couple of shares. One is very high risk. The other should be relatively okay. Anyway the plan would be to buy now and hold on to them for 5-10 years. I may purchase more shares in years to come but can't imagine more than one purchase in any one year, if even that, and I may purchase none.
Anyway, from what I can tell most brokers charge you for having an account but doing nothing with it. Given that I am not investing big money, this could mean that most of my gains would be swallowed up on costs.
Is there a good option for the type of investment I would like to do (once off purchase, long term hold)?
Thanks
I would like to invest a relatively small amount (~5000) on a couple of shares. One is very high risk. The other should be relatively okay. Anyway the plan would be to buy now and hold on to them for 5-10 years. I may purchase more shares in years to come but can't imagine more than one purchase in any one year, if even that, and I may purchase none.
Anyway, from what I can tell most brokers charge you for having an account but doing nothing with it. Given that I am not investing big money, this could mean that most of my gains would be swallowed up on costs.
Is there a good option for the type of investment I would like to do (once off purchase, long term hold)?
Thanks
