First principles of investing
Introduction|
Course|
Q&As |
Recommended reading|
Quiz |
Introduction
Context
Investment is often presented as a discipline that everybody has to apply the same way.
Nothing could be further from the truth. The correct choice of investment products for you depends on how much money you have, what your financial commitments are, your age, your ambitions, and your knowledge. This tutorial shows how to develop an investment strategy based on your particular circumstances.
Prior knowledge required
None. The tutorial is designed for beginners.
Contents
- Five steps to establish your investment goals
- Your attitude to risk and reward
- The major asset classes
- Which type of manager?
- Your investment assessment kit
- Is past performance a guide to the future?
- Easy access deposits for emergencies
- Fixed income products
- A rising income
- The choice of collective equity funds
- Pensions and ISAs
- Tax efficient but may be very risky
- Selecting your shares
- Your stockbroker
- Buying your shares
- Ethical Investment
- When to sell
- How to keep your portfolio on track
- Do you need an adviser?
- Conclusion
