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  • Cotta
    Cotta Posts: 3,667 Forumite
    Is there any online reading I can do on S+S's rather than buying a book?
  • latecomer
    latecomer Posts: 4,331 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    There is a massive amount of information online - here, monevator, motleyfool etc etc. There was a thread here a week or two ago with recommendations for investment blogs.
  • ChopperST
    ChopperST Posts: 1,257 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I'd suggest with the amounts you are talking you l would suggest you look at a low cost index tracker as a starting point.

    Something like HSBC's FTSE All-Share tracker.

    As others have mentioned with lower value investments you need to minimise your fees / expenses. So find something with a low TER and hold it in a S&S ISA to avoid tax implications now and into the future.

    More here - http://www.thisismoney.co.uk/money/investing/article-1583915/A-guide-cheapest-index-tracker-funds.html
  • I'd suggest, like most people above, that you educate yourself about the financial markets before placing a single penny into anything.

    The aforementioned books are all great, and there are a variety of other ways to get yourself educated.

    One website I find extremely useful, and safe to say all my trading friends swear by this too, is babypips.com. Whilst more aimed at the forex trading way of investing, it's information with regards to analysis is superb to say the least.

    Definitely start looking at four asset classes; stocks, commodities, indices and currencies. Once you get your head around these, start placing "paper trades" and see how your paper trades would have shown you either a profit or loss. Also, when making this trades, write down why you bought into it (fundamental, technical and sentiment analysis).

    Never invest into just one thing; the risk exposure of your portfolio would be pretty nasty to say the least. Learning about how gold is non correlated against a lot of assets is a must when wanting to invest into the financial markets for instance. So, your shares aren't performing too well, the gold in your portfolio would potentially cushion the blow from that.
  • coastline
    coastline Posts: 1,662 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Cotta wrote: »
    Is there any online reading I can do on S+S's rather than buying a book?

    http://www.fool.co.uk/

    left hand side of the home page....Foolish Investing Guides

    eg..

    http://www.fool.co.uk/Investing/guides/The-Difference-Between-Saving-And-Investing.aspx?source=uhpsitts0000001

    Regarding online accounts I'd be looking at a minimum of £500 when trading as explained earlier due to dealing charges.
    Theres always the sharebuilder account available from iii.co.uk and Halifax for smaller amounts.

    http://www.iii.co.uk/shares/portfolio-builder

    http://www.halifax.co.uk/sharedealing/our-accounts/regular-investing/
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