Materials on DIY investing

MQA

I have been reading many posts (all very helpful) and I would like some recommendations on books, materials , etc about DIY investing in the UK market, so I can have some understanding and can do my own  review my current finances (most important so I can decide on the next steps ), and then decide on how to approach, strategies to select and mange risks & invesment.When to buy and sell,etc

I was in two minds about using an IFA, but I still need to know some basics so

PloughmansLunch

How to Fund the Life You Want: What everyone needs to know about savings, pensions and investments comes highly recommended for the basics with a UK slant in mind

kempiejon

25 years ago I was lent the Motley Fool UK investment guide by a chum of mine. It started me on the path to self investing. It might well be out of date or revised and republished so I'm reluctant to say it's good pick today but the basics will hold true,

It worked for me, in fact his wife makes the comment that if he'd taken up the ideas the way I have they'd be mortgage free and looking at retirement too rather than having to slog it out for another decade. Now that's bit of a dig at him and our circumstance are very different but realising you can squeeze a bit more from your assets and demystifying the stock market was an eye opener to me.

The FIRE (financial independence retiree early) movement is all over the place. Low cost index investing gets good hits too.

Linton

I think the James Shack and PensionCraft YouTube podcasts are good for pension investing. James Shack takes a mechanistic  “party line” on arguably contentious matters whereas PensionCraft explores more widely.

Both are UK based. Most other investment podcasts are US based where economic circumstances, the law, and taxation are very different.

gm0

People on forums seem to like Tim Hale's books (not read this one myself)

https://www.amazon.co.uk/Smarter-Investing-Simpler-Decisions-Results/dp/0273722077

I enjoyed:

Bernstein: Rational Expectations (asset classes, characteristics and allocation focus)

Michael McClung "Living off your money" (Pension drawdown focus) - very heavy on mechanics of managing a pot in deaccumulation.

Malkiel - A random walk down wall street

Those three don't have much to say on UK tax planning or wrinkles of implementation

Books older than the Global financial crash and Modern Portfolio Theory or QE. May of course be obsolete perspectives to be ignored or they may be timeless wisdom - yet out of fashion for a spell - according to who you ask

On the web

Monevator was/is a useful source on point topics. But has become subbed. 
Occasionally PensionCraft videos
EarlyRetirmentNow (ERN) blog.  

Looking for undisputed "here is the answer do this" is a fools errand.  You will find here are some ideas and some evidence and arguments for them.  And some other perspectives around the next corner

Good luck

kimwp

Investing demystified by Lars kroijer is what I follow. 

Zoe02

I find the forum useful.
Watched a few videos on youtube also.
I am a fan of lower cost index funds 
work pension been a higher rate tax payer.

https://www.youtube.com/watch?v=npH236HEC_w
https://www.youtube.com/watch?v=63oF8BOMMB8

Book The Intelligent investor by Benjamin Graham 

Bostonerimus1

https://www.bogleheads.org/wiki/Investing_from_the_UK

Hoenir

MQA said:

I was in two minds about using an IFA, but I still need to know some basics so

If you want books to expand your knowledge to the vast and complex world that exists. I'd suggest. Even if don't grasp everything on the first read worth keeping on bookshelf and returning to. 

Harriman's New Book of Investing Rules: The Do's and Don'ts of the World's Best Investors

The Smart Money Method: How to pick stocks like a hedge fund pro –  by Stephen Clapham 

For an insight into how little investors know about the companies they invest in. The story of Wirecard is worth a read. Is a recent true story.  Investing is about far more than just about numbers on a screen. 

Money Men: A Hot Startup, A Billion Dollar Fraud, A Fight for the Truth by Dan McCrum

Eco_Miser

gm0 said:

On the web

Monevator was/is a useful source on point topics. But has become subbed. 


Good luck

http://monevator.com/ has indeed got a couple of subscription tiers, but a lot of the new stuff and all the old archive is still freely accessible, in particular, their List of Brokers & Platforms. Perhaps a good place to start would be passive-investing-investing/ or the Archive.

jimjames

kempiejon said:

25 years ago I was lent the Motley Fool UK investment guide by a chum of mine. It started me on the path to self investing. It might well be out of date or revised and republished so I'm reluctant to say it's good pick today but the basics will hold true,

I still have the guide but it's sad the way their site has now completely changed to promote stockpicking which is the complete opposite of what they said back in the 1990s.