Investing

Investing, it’s a word that scares many people, too high a risk or they believe themselves to be too young and inexperienced. But you are never too young to start. As long as you know how to do it safely and smartly the earlier the better.  The best piece of advice I can give is… Read more »

by TommyCurry 1 year ago

Investing, it’s a word that scares many people, too high a risk or they believe themselves to be too young and inexperienced. But you are never too young to start. As long as you know how to do it safely and smartly the earlier the better. 

The best piece of advice I can give is do your research. Look at previous years and find any patterns. Places like supermarkets will often be low during spring and autumn while high during summer and around Christmas time. Buy low, sell high. Simple. 

One of the safest markets to invest in would be the FTSE 100, 100 big organisations that rarely fluctuate too heavily unless there is a scandal. If you are looking for higher risk but higher reward the small cap 50 fluctuates a lot and daily. 

Long investment is also a useful strategy, stock prices are determined by the faith and trust in said company, each year as companies increase in size so do their stock prices. So a long term investment might be the way to go and sell off after a few years. 

There are several apps out there that can help with your investment and make it a little easier and more user friendly, the most popular apps are Eturo or Wealthify. 

At the end of the day it’s down to you, the more research you do the better you will succeed. So go out there and make some money.