Today I will be looking to sell my shares and look to put a grand into a fund or Index etc...
Trouble is I've left it to the last minute and will be doing the vast majority of my research today. I want to learn more about funds and I've heard that it's possible to invest in the FTSE All Share Index (What about the FTSE 100/250?) but I don't know how to do this and how to put it into a MAXI ISA.
The purpose of the exercise is to have a vested interest in keeping up with how things work until I'm in a position to invest a proper amount. From what I understand, high risk means that you could lose a proportion of your investment, but it's highly unlikely to lose it all? If this is true, I'm not risk adverse, but I don't want to put it all on red etc...
I'm taking my other half to hospital now, but will be flicking through the FT or whatever while I'm there, with a view to getting on later... In the meantime I figured I'm unlikely to be the only one to be looking to utilise this years tax allowance at the last minute, and wondered if any kind souls might be able to point me in the right direction on where to get some answers on the basics?
Any help appreciated...
Trouble is I've left it to the last minute and will be doing the vast majority of my research today. I want to learn more about funds and I've heard that it's possible to invest in the FTSE All Share Index (What about the FTSE 100/250?) but I don't know how to do this and how to put it into a MAXI ISA.
The purpose of the exercise is to have a vested interest in keeping up with how things work until I'm in a position to invest a proper amount. From what I understand, high risk means that you could lose a proportion of your investment, but it's highly unlikely to lose it all? If this is true, I'm not risk adverse, but I don't want to put it all on red etc...
I'm taking my other half to hospital now, but will be flicking through the FT or whatever while I'm there, with a view to getting on later... In the meantime I figured I'm unlikely to be the only one to be looking to utilise this years tax allowance at the last minute, and wondered if any kind souls might be able to point me in the right direction on where to get some answers on the basics?
Any help appreciated...
