1k a month to invest / learn about S&S

[IndigoBluey]

I’ve got the usual money tucked away in ISAs and the emergency fund. I now have an extra 1k per month to do as I wish from lots of long hours and hard graft! I would like to play around with it and get a better understanding of how to pick what to invest in. I know Rebel FS is great but I’m looking for a more intrinsic view and really getting down into the detail and gaining knowledge of assertive / high risk options

What are your objectives? Sounds like by your referencing high risk options I assume you expect potential high rewards?

My question would be why would you want to do this? You will effectively have to consistently beat the market over the long term. Many professional investors with access to all the data, tools, software and industry contacts fail to do this most of the time.

It's great that you have an extra £1k a month to utilise, sounds like you are having to work very hard for it. Do you really want to invest it into high risk options?

Not being funny, but Mumsnet isn't the place where most people would come for any serious investment advice.

Why don't you consider the basics first, get a good foundation with 90% of your money and then if you are still interested allocate 10% to other high risk options.

Set up a S&S ISA with someone like T212, invest in a global index fund such as VRWP or FWRG for the next 10+ years.

Rebel Finance School, find on YouTube and FaceBook…entirely free.

Yes, definitely watch Rebel Finance School, the Donegans are amazing and have a 10 week course you can follow on Youtube. They will give you the confidence to invest in S & S.

The Meaningful Money podcast/video series is great. But they' won't recommend playing around with money, they will recommend the tried and trusted route of investing in diversified tracker funds, for most people.

But I would say MM is a notch up in sophistication from Rebel Finance, so you might find it of interest? There are many many podcast seasons, so you can scroll back and pick the ones that seem to match your areas of interest.

Don’t try to pick individual stocks if you have no idea what you’re doing. Invest in a fund that’s managed for you. It’s important to diversify if you’re putting all your extra income into this, that means looking at fixed income and maybe commodities as well as stocks (many funds do this for you, and will allocate to the right assets depending on your risk appetite).

A lot of investment banks/pro investors are saying returns on stocks will slow down or be completely flat for the next few years, or as long as a decade.

if you aren’t in it for the long haul, investing £1K a month in stocks won’t make you rich. You need to earn above 4% (the best savings rates available) for it to be worthwhile, as you’ll pay fees on a S&S ISA.