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Starting out investing can seem like a daunting prospect, but once you’re familiar with the products available and the terminology involved, it can be quite straightforward.
By gaining further information and knowledge along the way, you can build up your expertise along with a valuable portfolio of investments.
Today, you can buy and sell shares in individual companies, invest in different types of shares to create a diverse portfolio or enter into collective schemes called funds. What’s more, it’s never been easier to buy, sell and carry out research, thanks to the modern miracle of the internet.
Over the coming pages, we show you how to assess your existing financial position, set your goals and develop a strong investment portfolio. We’ll also discuss the concept of risk and show you how to avoid some of the common pitfalls that can affect many investors starting out.
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The opinions expressed are those of the author and are not held by Saga unless specifically stated.
The material is for general information only and does not constitute investment, tax, legal, medical or other form of advice. You should not rely on this information to make (or refrain from making) any decisions. Always obtain independent, professional advice for your own particular situation.