New Isa Stocks and Shares for beginner

krippo

Hi there!

I would like to start invest some money monthly with Stocks and Shares ISA.

Where is the best place to start invest in this?

I was considering 212, Freetrade or Interactive Brokers.

Many thanks!

eskbanker

IMHO you need to think about the following, in this order:

1. Is investing rather than saving right for you (do you have sufficient cash savings, what timescales are you looking at, what's your risk tolerance, etc)?
2. If it is, then how do you want to invest, i.e. objectives, strategy, etc?
3. Which wrapper, if any, would be best, e.g. pension or S&S ISA or GIA?
4. Which investment products are best suited to achieving the objectives?
5. Which platform would be best to hold them?

It's not uncommon for newbie investors to leap straight to question 5, based on experience of selecting savings products or the like, but choosing a platform really isn't where to start, so worth considering the other points first.

Albermarle

If you are still interested after going through the above checklist, then these links could be useful.
Investing in stocks for beginners: How to get started – MSE (moneysavingexpert.com)
Stocks & shares ISAs: find the best platform - MSE (moneysavingexpert.com)
How to invest in a stocks and shares Isa: The quick and easy guide | This is Money