Stocks and Shares

[GreekOddess]

Is it worth investing £1k in stocks and shares or is that too small a sum? Where do you start?

Op, yes it's definitely worth it
What type of thing do you want eg isa?
Look at vanguard funds, read about Jack bogle.

I'd open up something with the minimum eg 25 pounds and drip feed your 1000 in over a few months. I'd do something like vanguard fund which invests in everything...

Maybe 600 then 200 in something more risky/high return.. and the other 200 in something gambling like as example rolls Royce shares or even m and s shares.

Have a read about them All.

Depends how desperate you are for it to grow.. And when by.

Its recommended to generally invest small but often in S&S so definitely go for it! I have a Vanguard 100 LifeStrategy but I was equally split between that and the Global All Cap

I invest small amounts as that's all I have. I put £500 into a Stocks and Shares ISA with Nutmeg because they made it super straightforward to set up as a novice. I pay £100 a month in via direct debit and am currently up +6% after fees which isn't earth shattering but vastly better than when it was sat in my standard savings account earning almost zero.

I think anywhere is a good place to start. I opened an account with with moneybox last Friday and they let you start with £1.

There's a big difference between funds and individual shares, with ETFs sitting somewhere in the middle.

Investing in individual shares is HIGH risk.

If I were a first time investor, I'd look at one or more tracker funds as they have the lowest fees and drip feed in as already suggested.

Vanguard Life Strategy funds are popular if you want to keep it simple.

@Swelteringmeltering

Op, yes it's definitely worth it What type of thing do you want eg isa? Look at vanguard funds, read about Jack bogle.

I'd open up something with the minimum eg 25 pounds and drip feed your 1000 in over a few months. I'd do something like vanguard fund which invests in everything...

Maybe 600 then 200 in something more risky/high return.. and the other 200 in something gambling like as example rolls Royce shares or even m and s shares.

Have a read about them All.

Depends how desperate you are for it to grow.. And when by.

thanks for that, just watched him on Youtube, what a brilliant man!

Do not invest in individual shares as it will be a very painful experience. The dream of some kind of Gordon Gekko type character buying low and selling high,making it big is just pie in the sky.

For a stock market investment, the main thing to think about is how long you want to invest for? 1 year? 5 years? more? The longer you can leave your money untouched, the better. If you've only got a year you might as well stick with cash. But if you are investing for 5 or 10 years, then a basic tracker will almost always do better than cash.

I second the recommendation for Nutmeg. It has low fees & works pretty well.

Has anyone tips for an absolute beginner?

I have a tip. Make monthly contributions to a low cost global tracker,,for example HSBC FTSE world index acc or similar.. a buy and forget investment. Not for short term.