New AutoShare Software Promises Easier Investing in UK Shares

London, 15th March 2004

Silvawood Software has released AutoShare, a free-to-download Windows application that guides you in buying and selling the right shares at the right time. Click a button to download prices from the Internet, and AutoShare analyses price trends to pick shares you should consider buying. It will also tell you when a share you hold no longer looks so attractive.

The release of AutoShare comes at a propitious time. Disillusionment with pension funds and financial advisors is leading many people to consider a DIY approach. Silvawood Software expects to attract many newcomers to investing in shares. Using a self-select share ISA, which currently allows £7000 to be invested each year in shares, you can shield any capital gains from the scrutiny of the taxman. By re-investing the profits year-upon-year, the initial investment can grow at a seemingly magical rate, due to the effect of compound interest, or interest on interest.

Albert Einstein said that "compounding interest is the greatest mathematical discovery of all time". Assuming that your shares gain on average 20% per year including dividends, and that you only invest £7000, then after 10 years it will have grown to £43,000, after 20 years to £268,000, and after 30 years to £1.7 million. So how soon you start is more important than how much you start with.

With the Internet, it is easy nowadays to get free information about a company before buying its shares. This complements the advice of AutoShare, and can reduce risk by leading you to buy only those shares with particularly good prospects, according to the forecasts of professional analysts.

For more information about AutoShare, and to download a free demonstration version, visit the Silvawood Software web site at www.silvawood.co.uk.

ENDS

Product Features

• Get the latest share prices in seconds over the Internet by clicking a button.
• Set up moving averages to pick shares you should consider buying or selling.
• List shares that:
  • have risen or fallen most over a specified period
  • have been recently added to or removed from the stock exchange
  • are at or near their low or high for the year.
• Create a portfolio of shares you hold, so you can monitor gains/losses and be advised when to consider selling.
• View graphs and spreadsheets of individual shares.
• Opt to exclude penny shares from consideration.

System Requirements

• Windows 95/98/ME/NT/2000/XP
• Internet Connection
• 4 MB hard drive space.

Price

£39 per annum.