Please treat me like im dumb

frenchplonka

So I have a post here https://forums.moneysavingexpert.com/discussion/5247289 which outlines my current finacial situation long story short I am going to put around 200 away a month in reg saving accounts for funds like 20% of my income, Poker Bankroll Builder and Holiday fun all in all ill be saving towards goals to the tune of around £3k a year.

I will have surplus amount each month of around £266 and thought maybe I could invest say £100 a month in some stocks and share stuff but I know nothing about them what does anyone suggest

ViolaLass

Get 6 months income saved up first for emergencies.

Are you enrolled in your workplace pension?

InvestInPoker

Glad to read you are treating your poker as an outgoing, really shows a level of honesty I don't see very often in other poker players.


As has already been said build up a nice cushion of cash in the highest interest rate accounts you can get hold of first before considering stock market type investments.

frenchplonka

No pension or anything like that do ALL work places have to have one also the new job im in is tech via a agency who pay me so im not on the companies books but on the Agency books

Archi_Bald

frenchplonka wrote: »

No pension or anything like that do ALL work places have to have one also the new job im in is tech via a agency who pay me so im not on the companies books but on the Agency books

The NEST website and the MSE pensions forum should be good places for pension information.

It is never too early to start with a pension.

eskbanker

frenchplonka wrote: »

Please treat me like im dumb

OK then: I act on behalf of a deceased distant relative of yours who has left you a sizeable sum of $36,000,000. In order to claim this bequest I require you to deposit a large admin fee in advance via Western Union into an account of my choosing, please contact me for further details at 419@nigeria.com....

xylophone

http://www.out-law.com/en/topics/pensions/advice-for-employers/agency-workers-and-auto-enrolment/

frenchplonka

xylophone??????

Archi_Bald

frenchplonka wrote: »

xylophone??????

....is trying to help you with information that is pertinent to the conversation.

frenchplonka wrote: »

No pension or anything like that do ALL work places have to have one also the new job im in is tech via a agency who pay me so im not on the companies books but on the Agency books

frenchplonka

Sorry all I saw was this lil box with no info lol