Getting involved with investing in stocks and shares
If you aren’t in debt, it’s important to invest a percentage of income each month into something that could grow. As digital is growing year on year it’s never been a better time to get involved with investing in stocks and shares. You can now trade stocks and index funds from within an APP on a phone or watch!
What is an index Fund?
Index funds are highly diversified, instead of investing on one company you invest in many. The risk of losing your investment over time is low. Index funds have lower expenses and fees than actively managing multiple stocks separately.
What is a stock?
They are an investment that means you own a share in the company that issued the stock. Stocks are how ordinary people invest in some of the most successful companies in the world. For companies, stocks are a way to raise money to fund growth, products and other initiatives.
Here are some practical platforms that make trading stocks and index funds super easy and fun to manage. The research functions are also very handy!
FreeTrade (UK BASED)
FreeTrade’s mission is to get everyone investing by making it simple and commission-free. This platform is regulated by the Financial Conduct Authority and a member of the London Stock Exchange. All accounts are covered by the Financial Services Compensation Scheme. Start investing today!
Robinhood Markets (U.S BASED)
This Californian platform allows you to invest with no fees through both a website and mobile apps. Regulated and a member of Securities Investor Protection Corporation (You can also trade cryptocurrency). Find more about Robinhood here!
Before you invest, research the market, Enjoy!