how to start investing in Index funds

megangibbons

Does anybody know how I should go about investing in index funds? and any information that would be helpful!

thank you

Alistair31

These might get you started.

http://monevator.com/category/investing/passive-investing-investing/
http://jlcollinsnh.com/stock-series/

jimjames

megangibbons wrote: »

Does anybody know how I should go about investing in index funds? and any information that would be helpful!

thank you

Decide on index fund(s)
Open an ISA.
Move cash in.
Buy index fund in the quantity you require.

dunstonh

Does anybody know how I should go about investing in index funds? and any information that would be helpful!

Do you have enough to invest and the knowledge to go into more advanced portfolio building at this stage or the near future?

Amount is important as if you want to use single sector funds, as you suggest, then that is around 10 funds. If you have say 3% allocated to Japan, then 3% of £1000 is just £30. Even if its £10,000 then its still only £300.

Typically you dont start to portfolio build until you get to larger amounts. In the early days using multi-asset funds makes more sense and then you can learn as you go along without jumping in at the deep end right at the start.

BLB53

I suggest a look at Vanguard Lifestrategy funds with a low cost broker such as Vanguard Investor or AJ Bell Youinvest.

Have a look at some of the articles on the likes of Monevator
http://monevator.com/category/investing/passive-investing-investing/

and DIY Investor
http://diyinvestoruk.blogspot.co.uk/p/basics.html