Hi all,
After filling my cash ISA last year I invested a very small amount left over in a stocks and shares ISA which, as I understand, invested in a FTAS fund.
I paid in small amounts every month and decided to take it out a few months ago when the markets rose slightly.
I was a bit annoyed to see that the transaction wasn't in real time and by the time they had processed my withdrawal the index had dropped again and I lost money. Dont get me wrong, I fully understand that this wasn't in real time, but I chose my moment carefully and feel bad that I lost out due to the bank taking their time.
So... My question is, does anyone offer a service/account that allows individuals to buy/sell in real time? I understand that I do not have a lot to invest, but it intrigues me how it all works and I would like to 'have a go' at buying/selling shares. I keep an eye on what is going on and feel that a small amount of money could be made (or lost!).
I am assuming that it may not be worth it due to admin/transaction charges or that I do not have enough to invest to entertain any company/bank with this.
Can anyone give me some initial advice on where I should start looking or whether to forget about the whole thing?
Thanks in advance for you comments.