Long term savings.

badger09

jimjames wrote: »

And spam that isn't even relevant to the UK either

Pytt y Panna - Swedish :spam: :drool:

norm_

Has the OP looked at a SIPP, better value investment as you are getting tax relief on anything you put in it.

http://www.moneysavingexpert.com/savings/cheap-sipps

colsten

Oh dear, jenny replaced by LanceHarmen spammer.

jimjames

colsten wrote: »

Oh dear, jenny replaced by LanceHarmen spammer.

Indeed.

Another spammer who has no idea of the country they are spamming.

Have the IRA moved into gold now rather than weapons?

Back to the OP.

If you want to invest long term then putting £50 per month into a balanced mixed fund like Vanguard LS series inside a S&S ISA would be a good way to do so. Most S&S ISAs have flexible contributions so you can increase or stop your payments at any time plus pay in lump sums should you so wish.

DiamondLil

Satele wrote: »

Hi,

I'm not experienced in investments, so I'm looking for advice on how best to save this over the next two decades. I've had a look on the forum, but most posts are from seasoned savers/investors and I'm not sure they apply to me.

How should I start?

Most, if not all, of those seasoned savers/investors started where you are now.
Like atush, I started out by saving a small monthly amount (£20 if memory serves correctly) into an investment trust savings plan and the same amount into a unit trust savings plan. For no other reason than I couldn't decide which plan to go for.
The minimum monthly amounts will have increased by now I think. But the idea is the same.