what area to invest in?

hewhoisnotintheknow

I have around £500 to invest in shares, what areas should i be looking to invest in?

Any help / suggestions would be appreciated.

Thanks

hewhoisnotintheknow

no hints or tips ?

dunstonh

not without breaking board rules. Share tips and suggestions are forbidden.

a7man

In the long term - Things that you believe will recover v well from the current market...things that have decreased in value due to pessimism over the market. Or in the short term business areas that are benefitting from the current conditions.

Farway

Or for safety, maybe something everyone has to buy, like energy or food, or with fixed assests that cannot vanish, like electricity pylons, ports, telephone exchanges, water pipes etc

LongTermLurker

Is that £500 per month, or £500 full stop? If it's just a fixed £500, then I'd say go for a fund rather than individual shares, as you'd get better diversity. If you don't expect to add much to it, then a Multi Manager or Fund of Funds would be a good bet, although they are more expensive. £500 is the minimum you could expect to invest as a lump sum so you wouldn't be able to split it between 2 funds. A better option might be to invest £100 per month and cancel the direct debit after 5 months - that way you could put £50pm into 2 funds.

If you're talking £500pm, then you have better choices and would be better looking at investing £100pm into 5 funds, the choice of which would depend on your risk attitude, eg some bonds, UK, emerging markets, commodities.

Read some fund reviews on https://www.h-l.co.uk or https://www.trustnet.co.uk or https://www.morningstar.co.uk - in the end, you should buy into what makes sense to you.