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Teach a first time investor please...

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  • LHW99
    LHW99 Posts: 5,618 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Funds & IT's have fees, and so do any DIY platform you want to use.
    One way to start could be to go to a DIY platform. HL is good if you don't have much invested (others are available) because it has good research tools and a % fee doesn't add up to many £ if you only have a few 000. Then open a virtual portfolio alongside (which used to be free on HL), where you can set an imaginary amount of money up across several funds you may be interested in, and see what happens to them as the markets go up and down.
    I believe you can also do this on Trustnet, without actually opening an account (just have to register)
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