Wanting to invest - beginner advice

AGSmith33

Hi, I am completely new to investing and would really like to learn more about it so that I can make informed decisions about investing. Does anyone recommend any good resources for learning more about it? Thanks

kuratowski

This site is often mentioned:

https://monevator.com/investing-for-beginners-why-do-we-invest/

Eyeful

Look at these.
https://www.kroijer.com/
https://www.ifa.com/indexfundsthemovie/

Then read this
https://monevator.com/passive-fund-of-funds-the-rivals/

maxsteam

I would suggest that you only take advice from sites that you trust. There are very many places on the internet pretending to offer easy routes to riches. A good place to start would be the "investing for beginners" section of the web site of whichever bank you use.

Albermarle

One common issue with beginners is that they mix up the investment vehicle/tax wrappers  with the actual investments .

In English that means you have three  separate choices.

Firstly whether to invest via stocks and shares ISA ( also referred to as an Investment ISA) or a pension, This depends to some extent on the time scale of when the money might be needed .

Then what type of investment you want to put your money in .

Then finally pick a suitable provider.

Often people 'forget' they often already have investments in their workplace pension and sometimes it can just be case of adding to those.

Pensions & Investing - MoneySavingExpert
Long-term investing: Increasing your chances of positive returns (nutmeg.com)

DrSyn

1. Savings are low risk and you expect to get back at least what you put in.
2. Investing means putting your money at risk. So you may get out less than you put in.
3. Investments are not covered by the FSCS scheme. 
4. Invest for at least 10 years, or longer to have the best odds of winning the game.
5. A simple portfolio can do as well as a complex one.
6. Beginners should stick to the basics and stay well away from Forex Trading, Binary Options, Crypto or Shorting.

https://monevator.com/investing-for-beginners-why-do-we-invest/
https://monevator.com/passive-fund-of-funds-the-rivals/

Albermarle

And if you do 6 and stick to mainstream diversified investments then the possibility of a 100% or even a 50% loss is remote.

JohnWinder

Tim Hale's book Smarter Investing. UK based. Get it from you library. If they don't have a copy ask them to buy one. It could help others too.