If there is one thing the British government has done genuinely well for ordinary investors, it is the ISA. Which makes it all the more baffling that so many people either do not use one, or use one without really understanding what it is or why it matters. ISA stands for Individual Savings Account. That…
Let’s get one thing straight. Investing is not just for people in pinstripe suits who lunch at Claridge’s and talk about their portfolio between the starter and the main. It is not some exclusive club guarded by men with red braces and a subscription to the Financial Times. Investing is for anybody with a bit…
At some point, someone told you that you should be investing. Maybe it was a parent, a colleague, or an article you half-read on your phone at midnight. And your response, quite reasonably, was: yes, but what does that actually mean? It is one of those words that gets thrown around constantly but rarely explained….
Here is the answer most people are not expecting: not very much at all. There is a widely held belief that investing is something you do once you have got a spare ten thousand pounds sitting around doing nothing. That it requires a lump sum, a financial adviser in an expensive office, and probably a…