Question: Buying and selling shares on London Stock Exchange?
In one scenario, I have been given £100k to spend on Buying shares from 4 companies on the London Stock Exchange. That means I have £25k to spend on each company. Which 4 companies should I choose to give me the best profit?
Answer:
On busy days over a million trades take place on the London Stock Exchange, with a value in excess of £15 billion.
Each of these trades has to be recorded and settled.
In other words, every time equities are bought or sold, company records have to be updated, while money and shares are transferred from one owner to another.
This used to be conducted manually. Share certificates were posted, cheques were sent back and forth and share registers were updated.
The process used to take around two weeks, after which trades were ‘settled’, meaning that the investor who bought the shares became the legal owner and money left their account and arrived in the account of whoever had sold the shares.
If you were a little bit wiser you would invest in a minimum of 10 stocks or up to 20 stocks. Be smart and spread you assets. Using the word "spend" instead of "invest" suggests you don`t have the necessary discretion.
if i knew the answer i could be rich all shares are a gamble