Getting an Education: Starting Out

Watty1

Wanting to educate myself a little I'd love some suggestions of books to read or even stuff to watch. 

I have a pension (set up by an IFA many years ago with Scottish Widows) and my own limited company pays in £2k a month and at 62 I find myself thinking I know very little about investing at all and I think I would like to start learning.   

Any suggestions of some good reads?  My ex put all my efforts to educate myself down and gain any independence so my confidence is really low but I'm running a successful company so I must be able to learn!     Look forward to hearing ideas

Brie

If you're talking about investment then there's a lot of things that could be read/viewed.  Frankly I don't have too much patience to waddle through that myself. 

But I did enjoy learning about buying and selling of shares from a website called Motley Fool UK.  Some of their articles are available online but a lot of it is all now behind a paywall.  You might start by looking at their freebie stuff and see what you want to do after that.  I also enjoyed reading things in the papers over the years - again some will now be free on line and other stuff behind a paywall but it's a case of finding somewhere/someone you want to follow.  

Before you sign up to any service - whether it's a newspaper or a share adviser - make sure you check the T&Cs to see what the ongoing cost will be and how you can cancel.

masonic

Tim Hale's Smarter Investing is a very good starting point. The monevator.com website has lots of useful articles. Reading through this forum you'll also find lots of useful investment discussion.

Eyeful

1. Watch:   
https://www.kroijer.com/
https://meaningfulmoney.tv/2022/09/26/how-much-investment-risk-should-i-take/

2. Read the KISS method (Keep It Simple Stupid)
https://catalogimages.wiley.com/images/db/pdf/9781119404507.excerpt.pdf

https://www.hsbc.co.uk/investments/products/hsbc-global-strategy-portfolios/#balanced
https://www.vanguardinvestor.co.uk/investing-explained/what-are-target-retirement-funds
https://monevator.com/passive-fund-of-funds-the-rivals/
https://monevator.com/best-global-tracker-funds/

3. Read the Complex Approach
(Complex does not mean that it is any better than the KISS method, just more time consuming & different) 
https://monevator.com/investment-portfolio-examples/

4. Remember
Everything to do with money involves risk. Its just the size & type of risk that changes.
There is no such thing as a "free lunch" someone has to pay & businesses make sure its not them but you.
 
https://monevator.com/types-of-investing-risks/
https://monevator.com/assume-every-investment-can-fail-you/

Watty1

masonic said:

Tim Hale's Smarter Investing is a very good starting point. The monevator.com website has lots of useful articles. Reading through this forum you'll also find lots of useful investment discussion.

Thanks someone else suggest that book as a starting point   Will add to reading list.

Watty1

Eyeful said:

1. Watch:   
https://www.kroijer.com/
https://meaningfulmoney.tv/2022/09/26/how-much-investment-risk-should-i-take/

2. Read the KISS method (Keep It Simple Stupid)
https://catalogimages.wiley.com/images/db/pdf/9781119404507.excerpt.pdf

https://www.hsbc.co.uk/investments/products/hsbc-global-strategy-portfolios/#balanced
https://www.vanguardinvestor.co.uk/investing-explained/what-are-target-retirement-funds
https://monevator.com/passive-fund-of-funds-the-rivals/
https://monevator.com/best-global-tracker-funds/

3. Read the Complex Approach
(Complex does not mean that it is any better than the KISS method, just more time consuming & different) 
https://monevator.com/investment-portfolio-examples/

4. Remember
Everything to do with money involves risk. Its just the size & type of risk that changes.
There is no such thing as a "free lunch" someone has to pay & businesses make sure its not them but you.
 
https://monevator.com/types-of-investing-risks/
https://monevator.com/assume-every-investment-can-fail-you/

Fantastic list, thank you @Eyeful