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Looking to invest £50 a month any tip
andyuk21us
Posts: 26 Forumite
Hi everyone I have never invested in any thing before , I would like to invest regular/ long term, I haven’t got a clue what’s the best way to invest, any help would be Appreciated
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Give us some information to help filter the 30,000 or so options available. What do you call long term? What is the objective? What is your risk level? that sort of thing.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.1
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Looking to invest £50 a month at the beginning, just to get a feel for it and hopefully increase in the future for a few year, medium risk maybe0
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Investing for beginners: how to get started - MSE (moneysavingexpert.com)
Long-term investing: Increasing your chances of positive returns (nutmeg.com)
Why you should invest in a stocks and shares ISA (rather than a cash ISA) | Vanguard UK Investor (vanguardinvestor.co.uk)
Why it's better to invest in funds of shares rather than individual shares | Vanguard UK Investor (vanguardinvestor.co.uk)
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andyuk21us said:Hi everyone I have never invested in any thing before , I would like to invest regular/ long term, I haven’t got a clue what’s the best way to invest, any help would be Appreciated
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If you're under 40 you could take out a Stocks and Shares LISA (only accessible when you buy your first home OR at age 60) contributing up to £4,000 a year and the government will contribute an additional 25% of your contributions each year.My referrals page:
https://sites.google.com/view/donnaonamission/home
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