Moving On From Savings
Reader's Digest UK|November 2021
This month, Andy Webb helps us navigate the complex world of stocks and shares
Andy Webb
Moving On From Savings

ON THE MONEY SPECIAL

Our “On the Money” inbox is often full of readers wondering what to do with their savings. Frustrated by low-interest rates and tempted by opportunities to make higher returns elsewhere, it’s no wonder people often write or email in to ask about how to get started with investing. This email we received is a typical question on the topic:

Q: I am in a lucky enough position to be able to put £500 of my earnings into investments each month but I have no idea where to start! I know nothing about stocks and shares or what is worth investing in. Do you have any tips?

Anon

Though I’m sure many of you are already investing, this is how a sizable number of readers feel. It’s highly likely many will only have invested via their pension contributions—and some might not even realise that their pensions are invested.

This is obviously a huge question to answer, with so many aspects to cover. But it’s actually very simple to get started on your own with basic stocks and shares investing and build from there if you wish.

HOW DO I START INVESTING?

First up, just make sure that your money wouldn’t be better off clearing expensive debts or building up cash emergency funds. If that’s all looked after, we’re almost good to go. But what is investing? You’re essentially buying something which you hope to sell at a profit. Though that’s not always the case—the value of investments can both go up and down really quickly.

この記事は Reader's Digest UK の November 2021 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Reader's Digest UK の November 2021 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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