The amount of money that you start with can be important as it may affect not only what type of investments may be suitable for you but also your tolerance to risk. Here are some of the things that you’ll need to get started: CashĪs obvious as it sounds, one of the most important things you’ll need to get started is an initial start-up pool of capital. However, with some assets, you may need to work with a professional, such as an online stockbroker.
If you want to get started with investing, there are several ways that you can go about it and this typically depends on what you want to buy.įor example, with many stocks and shares, you can typically buy and sell them online through a variety of different apps and platforms. Remember to keep a close eye on your portfolio so that you can make changes to your holdings as necessary. Buy your sharesįinally, you can start buying shares. Read around expert opinions of the best UK stocks (and US) share prices and keep an eye on the stock market news to make informed investment decisions. Once you’re set up on a platform, do your research. Remember to only deposit as much as you can afford (and potentially lose), and to never invest money you need for paying bills or living your daily life. You will need to input your personal information and you may also need to upload your ID, such as your driver’s license, to the site to prove your identity. Then simply apply to open an account online.
Choose a stockbroker or investment platformįind a stockbroker or trading platform that has the right services or good fees and commission rates for what you want to buy, like eToro which charges 0% commission on buying stocks.