My mam left me some shares and after transferring the certificates (one HUGE fucking hassle even more difficult than sorting out the actual probate, but anyway...) I have a small portfolio. Don't hate me - it's not much. Instead of selling them all I'm keeping them, at least for now. I've arranged to get regular dividend payments, and I'm keeping my eye on their market value online. It's addictive.
I wonder if it's worth buying any more now. My first instinct was to think that it's unwise while all this Brexit lark is going on and the markets are nervous, but it's not quite that simple. GlaxoSmithKline, for example, are doing well. That's my tip for today.
Playing the market, I think, is something between keeping savings in a high-interest bank account and gambling on horses, as far as risk/return goes. There's a lot of advice online, even for modest investors. You know, 'if I had £1000 to invest right now', that kind of thing.
I don't play the market in anyway, but I do have a fair bit of money invested in some share portfolio thing that the building society set-up. Brexit makes me very nervous, I keep thinking I should get rid of a big chunk of it, but there's never any good news around the corner, and we're always on the precipice of an announcement which will tank the market. You know, the only headlines I can see in the next few months are "Boris Johnson is Prime Minister", "Jeremy Corbyn wins election", "No Deal Brexit Finally Fucking Happens", all of which are shit outcomes that the markets will no doubt react to badly. I just know that the day I decide to sell, by the time the cogs have moved which means my shares are actually sold, that will be the day that the markets have a major blip caused by the latest government stupidity.
I'm building a small portfolio. Shares will always pay out more than Trusts etc.
At the moment I've been investing small amounts (£100/£200) in Penny stocks to see the lie of the land and the fluctuations. Deep down I think FTSE 100 stocks will always be your best bet, even if they are really expensive to buy. Smaller companies are hugely at risk from liquidation, but conversely can produce big profits.
The market is extremely bumpy right now. My only tip is to start small and research thoroughly. You can also use those apps which allow you to "play" the stockmarket with fake cash etc.