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Not if you want diversity. For a punt it's just about OK. Work out your chances of making a profit when you have two lots of commission, 1/2% stamp duty and the spread. Buy some Lloyds TSB for the long term (Growth hopefully and 11% yield or so if the keep paying the same dividend)

Read a basic book on stock markets/investing Join forums read investment magazines; Shares mag, Investors Chronicle Read financial press Ask questions. Understand before moving on Learn the right way to ask questions! Investing in the London Stock Exchange means buying shares in LSE.L. That's not what you want to know!