Scottish Widows Investing ?

Heytheremrblue

Personal allowance. I just fancy having a play with investing it’s as simple as that which is the advice I’m after :-) 

Bostonerimus1

Heytheremrblue said:

Personal allowance. I just fancy having a play with investing it’s as simple as that which is the advice I’m after :-) 

So I advise you to first understand how your pension and ISA are invested. You should know this and if you don't make it your priority. 

Heytheremrblue

… I understand that … I’m happily retired with a plan. I’m sorted.

I have some cash I want to invest ! Let’s call it a hobby if you like.

im not interested in any other advice sorry if thats how it sounded.

so to reiterate … Im an investor newbie. Do I look at SW or elsewhere ?

dunstonh

Heytheremrblue said:

Personal allowance. I just fancy having a play with investing it’s as simple as that which is the advice I’m after :-) 

Investing requires you to select the appropriate tax wrapper(s) and the appropriate investments.  Then you typically look at the providers that can offer those.

wmb194

Heytheremrblue said:

… I understand that … I’m happily retired with a plan. I’m sorted.

I have some cash I want to invest ! Let’s call it a hobby if you like.

im not interested in any other advice sorry if thats how it sounded.

so to reiterate … Im an investor newbie. Do I look at SW or elsewhere ?

There are a number of new investor friendly, "robo-investors." IIRC they'll ask you some questions about your risk tolerance and then select a portfolio they offer at the level e.g., low risk tolerance with lead to a portfolio more weighted to bonds.

There's Nutmeg* (owned by JP Morgan Chase), Wealthify, MoneyFarm and InvestEngine. Moneybox as well I think but you can also select your own funds if you like. NatWest and RBS have "Invest" with some ready-made portfolios.

*Checking my Chase bank app it appears to have changed its name to JP Morgan Personal Investing.

https://www.natwest.com/investments/five-ready-made-funds.html