Investing at a young age

Terry_Towelling

BrandonGriggs wrote: »

- Given my age, would it be better to get a state pension compared to a private pension?
- Also looking at ISAs, Is there such a thing as a "high risk" ISA ?

These two questions stick out like sore thumbs. Did you mean to ask these, Brandon, or did you mean something else?

Are you prepared to tell us what your business is (as asked by another poster) and is your student debt really that high?

How much of your business cash is sucked up by VAT payments?

BrandonGriggs

ANDY597 wrote: »

I would second the advice already given,


Im assuming (perhaps incorrectly) from your original post that you have a ltd company, so your accountant will be able to tell you the best way to invest in a pension as an employer/employee


Then the LISA for when your ready for the property market.


May I ask what your business is? No relevance to the thread, im just nosey

Yep, it's an LTD. My accountant was suggesting a Financial adviser, so I'm guessing they only know about accounting.

Haha no problem; The business is a tech business mainly focussed on data and user privacy using cryptography. Main focus is in R&D and making applications that enhance data privacy sometimes against the grain of social media sites like facebook.

BrandonGriggs

Tarambor wrote: »

You're not knowledgeable of investing. If you were you'd know that one of the best ways to invest is to select a fund, Vanguard Lifestrategies or their Global All Cap for example, pay into it and leave it to do its thing.

Yes, I am not knowledgeable at investing. I was looking for something that I could use for the long term and not while I do not know anything about investing. Upon receiving feedback, a follow up question I had which was answered was transferring funds.

Tarambor wrote: »

Just because it is simple doesn't make it wrong.

True.

Tarambor wrote: »

It would appear you missed that lesson at university.

Unnecessary.

Thank you for the advice on Vanguard Lifestrategies