How do I educate myself about stocks and shares?

[Illstartexercisingtomorrow]

Hi
I don’t currently have much to invest, but am working on saving up and in that time I want to become savvy about what to invest in.

Having watched my inlaws live - and die - in relative poverty I really want to do what I can to better my situation, there are days when I get really anxious about what my retirement days will look like.

I would like to be in a situation where a decade from now I have a portfolio of stocks and shares, but have no financial background and I find it overwhelming when I do start researching online - mostly a feeling that I don’t really understand what I’m doing, or any ability to understand market trends.

I realise with any investing there is risk but at least if I understand what I’m doing I can understand the risk.

Any advice would be gratefully received.

In my opinion, Twitter now plays a big role in everyone's life. On Twitter, you can find a large number of financial analysts who are constantly posting information on stocks online. For example - Mikhail Vnuchkov.

We used to do risky investments, it’s all a bit too volatile now. We did have a couple of amazing years but this was almost 20 years ago, we paid our mortgage off early.

Only ever invest what you can afford to lose, I remember DH lost 25k one year. But as he said he only really lost the original 4k investment. He just didn’t get out at the right time.

If you're starting out, can recommend the Rebel Finance School.

You don't "lose", though, OP, unless you take your money out on a dip. Which is why you need to really think about exactly when you're likely to need accessyour money. The advice is to try and buy on a dip, not sell in a panic. Then you really have lost money. Think long term. Don't panic during the dips. Buy more then if you can, sure, but otherwise just bide your time. It will go up again.

if you're just completely new, look into low cost tracker funds such as Vanguard LifeStrategy or FTSE Global All Cap - there is plenty of advice on their website as to how to do it. You can put it in your ISA wrapper, drip feed it in every month, or quarter, or whatever suits your financial circumstances. I use Vanguard, I also have a Nutmeg account too. Even though I've read a LOT, I'm not confident enough to choose my own stocks (and don't have the time, frankly, so I'm happy with tracker funds).

Reading in the hope of vaguely understanding some of this😮

Place marking.

Agree with others, open stocks and shares ISA , put money
Into vanguard life strategy whilst reading up

Spacemarking