Investing basics

Jnr_81

I'm completely new to investing, and would like to get to grips with the basics and the different types of funds and ways to invest.

Are there any sites that anyone would recommend? Thanks

Jonbvn

Try these

http://www.incademy.com/training/Portfolio-management/Introduction/1081/10002/
http://www.fool.co.uk/

StevieJ

This should start you off.

http://www.investopedia.com/university/beginner/

Marco12452

Open a no obligation account at the share centre.
https://www.share.com/a/index.html
You can set up a practice account with £15000 to play with and the site tracks this for you live against current values.
This gives you enough to practice with 5-6 funds across various sectors, so building a well balanced portfolio.
There is also plenty of advice on there too.

black_taxi_2

thx for info--excellent

Zebra

A couple of books from Amazon would be a good start:

http://www.amazon.co.uk/Financial-Times-Guide-Investing-Definitive/dp/027372374X/ref=pd_sxp_grid_pt_0_2

http://www.amazon.co.uk/Smarter-Investing-Simpler-Decisions-Results/dp/0273722077/ref=pd_sim_b_5

DireEmblem

Marco12452 wrote: »

Open a no obligation account at the share centre.
https://www.share.com/a/index.html
You can set up a practice account with £15000 to play with and the site tracks this for you live against current values.
This gives you enough to practice with 5-6 funds across various sectors, so building a well balanced portfolio.
There is also plenty of advice on there too.

This.

With investing, many consider that you have to be prepared to go the long haul.

If you are buying single stocks, most people reccomend that you dont buy less than say £1000 in any holding, given the fact that you will have trading costs of ~£10 per transaction.

Decide on your goals, do you wish to put in a lump sum into a fund, do you want to drip-invest over X amount of years, or do you want to try trading yourself?

If you invest in a fund, would you want income or accumulation units, and what sort of risk/reward would you be prepared to deal with?

black_taxi_2

after reading about fluxuations market ---u need to be mystic meg and balls of steel knowing when to sell

im thinking of using full allowance cash isa
pound/cost ave monthly into a ftse250 low/cost tracker

i wont be richest but better than most

any thoughts?

darkpool

trader90 wrote: »

Another huge stocks are set to explode Today @ pennyalerts dot info.

We want to see you there - so don't be left behind!

thanks for that trader. is it true that your site is absolute sh1te?

black_taxi_2

hes spamed all the treads

leahciM

A genuinely brilliant private investing blog that looks at a more slow and steady approach, but still with great advice whether you're looking for a 10-bagger or a good place to whack £50 a month, is Monevator.

I really, really like this site. And it's one of the few private investing sites thats UK based.