If you could get 5% in a bank account would you bother with the stock market?

nb0825

Personally, I wouldn't waste my time with equities until I've at least £50k. It requires constant attention, news reading and analysis to get a return any better than a standard index tracker.

bigadaj

nb0825 wrote: »

Personally, I wouldn't waste my time with equities until I've at least £50k. It requires constant attention, news reading and analysis to get a return any better than a standard index tracker.

I believe the oft quoted phrase is to start investing in individual shares only after you've made your first million in collective investments (mutual funds originally as it was us based).

jimjames

nb0825 wrote: »

Personally, I wouldn't waste my time with equities until I've at least £50k. It requires constant attention, news reading and analysis to get a return any better than a standard index tracker.

I assume you mean individual equities rather than equities in general but I'd certainly agree that individual shares makes no sense for small amounts.