Investment Advice on £200

Sav

I read somewhere that you can start investing with £200. So, where do you start? I need to start at the basics. I want to learn as much as possible as it will benefit me in the future. Any advice on where to look? Books, websites? There seems to be so much info around, I need to start with an idiot's guide and work from there.

Thanks in advance.

amcluesent

200 per month?

Sav

Probably more like £50 per month. £200 one payment then £50 per month.

getzegold

Sav wrote: »

I read somewhere that you can start investing with £200. So, where do you start? I need to start at the basics. I want to learn as much as possible as it will benefit me in the future. Any advice on where to look? Books, websites? There seems to be so much info around, I need to start with an idiot's guide and work from there.

Thanks in advance.

hmmm...what would you like to do? (£200s not alot but its a start).

Invest in shares in companies or trade on a daily basis on the open markets? forex commodities stock markets etc.

Sounds to me like you want to learn quick, so forget buying £200 quids worth of shares in a company and waiting 6 months for a 10% return. Sounds like you want to 'trade'.

open a demo account with a spread betting site and start watching the markets: ftse, spx, oil, natgas, forex pairs(usd/jpy, usd/gbp/ gbp/eur etc) gold, silver whatever, and start researching how these markets operate and what drives them. when you started figuring them out deposit your £200 and start trading, you can hold positions for several hours, several days or even months and for very small amounts of capital.

I can't recommend a beginners site but I can throw you in at the deep end:

http://www.zerohedge.com/

http://www.marketoracle.co.uk/

http://www.chartswingtrader.com/

http://blog.rebeltraders.net/

http://iamafuturestrader.blogspot.com/

http://www.madhedgefundtrader.com/

http://www.businessinsider.com/

http://seekingalpha.com/

These are the best sites on the web, immerse yourself and learn all the terms, ideas and concepts, its a challenge but making money is never easy. Who knows you may have a real apptitude, if not say goodbye to £200:cool:

TBeckett100

go and see an IFA LOL.

Stick it Allianz Brazil Fund and forget about it

getzegold

TBeckett100 wrote: »

go and see an IFA LOL.

Stick it Allianz Brazil Fund and forget about it

superb advice there. Didn't you read the post? the guy wants to learn. and all the best to him for trying, from me, at least.

Sav

Thanks for the advice.

Ifts

Sav wrote: »

I want to learn as much as possible as it will benefit me in the future. Any advice on where to look? Books, websites?

The Share Centre has a practice account: Practice trading shares with FREE practice account, you will have to register but its free.
Once you have registered you will have access to advice to help you get started and research tools so you can learn more about the market.

Loughton_Monkey

getzegold wrote: »

Invest in shares in companies or trade on a daily basis on the open markets? forex commodities stock markets etc.

Good thinking. On my CFD account, £200 is good for about £4 on FTSE. So a short on FTSE100 first thing Monday, and it moves from 5703 down by 50 points, then you've doubled the money.

Call it right 9 days in a row, doubling up and you have over £100K.

Kalahary

You could have a look at this. Its about the writer teaching his son how to invest, although specifically in family run companies. They invest £150 in each company each month costing just £1.50 for each trade. Here are the first, second, third and fourth articles on the investments.

Cautious_Investor_3

TBeckett100 wrote: »

go and see an IFA LOL.

Stick it Allianz Brazil Fund and forget about it

Isn't this sort of post getting very close to 'advice'?

On what basis is this 'recommendation' made, no work has been done to establish the OP's attitude to risk, his financial goals, other aspects re his financial situation.

I really do feel this sort of post is unhelpful and unconsidered.

The Cautious Investor