Shares and Stocks

[father 1]

Im looking at investing in the above but have little expeirience and am being told that penny shares are what be in for less risk.

Any advice

[Catso]

In light of what you say, I would say 'don't do it'. It is very easy to lose a lot of money, even 'professionals' can.

Why not put your money in a unit trust and have someone manage it for you?

'Penny' shares are far more risky than established or bigger companies; that's why the shares are so cheap - high risk.

[father 1]

Thanks for that.

I will bear it in mind

Mark

[oldhenry]

If you want to invest in the stock market - great - since 1918 it has beat gilts and deposits bigtime. can you wait that long?, ok perhaps not so long but patience is needed.
five-ten years for stock market, and go for pooled funds that have good track records. Penny shares are a joke, if they are worth that , well they suck!
Go for a good Investment Trust, theydo make money over the long term, also better use an ISA to keep it tax free.