Is £500 enough to start investing in stocks and shares?
>>1702287
No, implying you get an 8% rentability as income selling or with shares, you have to pay taxes and trader comisions. Anyway you can invest those 500$ on investing as a first contact with the real stock market. Put an smart stop loss and analyze your fails. You will not waste too much money, maybe 50 or 60 bucks, but you will have learnt a valuable lesson.
>>1702287
It could be if you're mainly planning on dripfeeding one or more funds as a regular investment by direct debit. That seems to be the way to minimise platform and transaction fees. Buying individual stocks usually attracts the kind of fees that makes anything less than a lump sum of a couple of thousand uneconomic.
yep...
use a free trader like vangurd.
>>1702287
Yes lad. Get on hi.co.uk
Get a standard stocks and shares account. Buy a tracker fund or a few. Vanguard is marginally more expensive to use here in Britbongistan. Try Legal and General.