Share Dealing Accounts

Apr 1, 2011   //   by sam   //   Money Saving Tips  //  Comments Off on Share Dealing Accounts

Pound Coin Stack

Share dealing accounts offer an effective tool to manage your stocks and shares from one easy-to-access place, making it simple to track the progress of your investments giving you the potential for earning money online from the comfort of your own home.

With a share dealing account you can get access to shares listed not just on UK markets, but also on international stock exchanges.

These account can not only be used to buy and sell shares, but also provide the option of trading in many other types of investment including Funds (such as OEICS and Unit Trusts), Corporate Bonds, Investment Trusts and Gilts, helping you to make the most of the stock markets.

Having one account t manage all of your investment activities has its advantages – you can store everything electronically which means you never have to worry about paperwork and you can access your account from anywhere in the world,  24 hours a day, 7 days a week.

Share dealing accounts can also be used to incorporate your ISA allowance, which means you could invest up to £10,200 per year (soon to be £10,680) without having to pay a penny in income tax on your earnings.

This is great news for investors as it is possible to build up huge amounts of money providing a substantial income while paying nothing to the tax man.

It is important to remember that unlike a standard savings account that provides a guaranteed return, shares can go down in value as well as up, so you must be ready to take a risk.

However, if this is something that you are interested in simply visit the Share Dealing section at Which4U.

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