Unless you want to earn every penny of your wealth working at the coalface until you reach retirement, you need an alternative income and investing could be it. Thanks to compound interest – the earlier you start investing the better. In this episode we give you everything you need to get started.
We talk about stocks v bonds v cash v property. The importance of matching your risk to your portfolio and how diversification can mitigate risk. We talk about the importance of minimising costs of investing and show you a new way of building a low cost portfolio yourself using low cost roboadvice.
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The value of your investment can go down as well as up and you may not get back the full amount you invested. Past performance is not a reliable indicator of future performance. This does not constitute advice and advice should be sought in all instances before acting on it. Medical and General is authorised and regulated by the Financial Conduct Authority.