A year ago, I opened my first stocks and shares Isa and bought a low-cost investment fund. I felt like I had arrived late to the investment party – I’m in the tail-end of my thirties – and was just eager to get going. However, now that I know a bit more about investing, I’m considering adding an investment trust to my fledgling portfolio.
Investment Basics Beginner's Guides
Could you give up flying to save the planet? Barring Greta Thunberg, I suspect that most of us, including myself, would squirm if asked this, which is why a Guardian headline - “I didn't want to fly – so I took a container ship from Germany to Canada” - caught my eye. I wondered if the writer was retired, or a teacher with long holidays: how else would you manage a 15-day transatlantic crossing?
The word “uncomplicated” features on an Isa provider’s current online advert. As a beginner investor, this has plenty of appeal. Having attended two beginner events, I felt ready to pick my first “uncomplicated” stocks and shares Isa – but was I?
I’m in my 30s and started investing – by which I mean I opened a stocks and shares Isa – a few months ago. What took you so long, experienced investors might wonder. It’s simple – I lacked knowledge about the investment options out there, and I had little understanding of the concept of risk. Also, I will admit to fulfilling a stubborn stereotype: I thought investing was only for people who already had shedloads of money.
Many of us started 2019 vowing that this would be the year we finally start a long-term investment plan.
Investing in the stock market can appear daunting to a beginner, but equities beat cash and bonds over most medium and long-term periods.
To a beginner, the stock market can appear rather daunting. But equities outperform cash and bonds over most medium and long-term periods and easy routes in are not hard to find.
In reality, with dismal returns on offer from banks and building societies, investing in shares provides an opportunity to hedge against rising inflation and achieve greater returns than cash, bonds and property.
Money Observer outlines the basics of the Financial Services Compensation scheme.
Whether it's an inheritance, a redundancy payment or even a lottery win, receiving a windfall can transform your financial circumstances.
Understanding what bear markets are, why they occur and what happens next can make it less scary and enable investors to make rational decisions.
With the Financial Services Authority no more, we explain the basics of the industry organisations you need to know about.