Kim asks:Stocks and Shares – is there any help with start up in this area e.g. advice, training, mentoring, please?
Robert replies:
In my experience, the most successful start-up businesses are those that add value to the life or experience of others. Most products and services can be said to do this in some way or the other.
Trading stocks and shares yourself is not a business. Trading for others is a business, but one that rightly is highly regulated. This is not the right forum to advise you on either.
Robert Ashton is a popular business speaker and runs ‘Business Boot Camps’ for entrepreneurs seeking growth
John replies:When first dipping your toes in the waters with stocks and shares it is helpful to join a local Investment Club who will advise you of what shares they feel are worthy of purchase. You will have the free advice of more experienced investors and a certain amount of mentoring. Members share magazines and literature, follow Company information and vote on Company shares to invest in.
You might invest in a good book and I would recommend ‘Investing in Shares for Dummies’ – available from Amazon at £7.90. You could employ the services of a Financial Advisor if you feel you don’t want to go it alone but if possible you should appoint someone recommended by a friend or colleague and preferably one whose advice is not commission linked.
John Lamb is the editor of Ability magazine, a campaigning publication for people who have difficulty using IT.
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