Wanting to invest but nor sure where to start... Please HELP!

Finding out how to invest a windfall can be a challenge for any one and even for experiences investors, but now is a good time. Interest rates are rising and stocks in particular are a very good bet at the minute.

Thank you. We hear what you are saying but still would not know where to start?

First step would be to have a realistic idea on how much risk you are willing to take. You need to balance reward against risk. Of course you want high returns to ensure you make money but you don’t want to take on too much risk that leaves you with loss.

Again we see your point but could you point us in the direction of a company/product that would be good for us?

I think the key is deciding on a mix of stocks and bonds that will give you reasonable returns for the level of risk you are willing to take. There are many companies out there that will give you advice on a mix and how they have performed in the past.

I agree on the mix of stocks and bonds but recommend you keep it simple. The best idea is to diversify so that you don’t over depend on just a few companies or sectors but at the same time you don’t want to spread your money so widely that it’s hard to keep track. A good example is to combine US and International stocks.

I am interested to see if you did anything @jlouiseprk?

We did!  Guess what we invested in a house and a boat

Really?  That is so interesting because I find myself in the same situation which is why I am asking.  You dodn't go down the road of stocks and shares then?

no we felt that since we don't have much money it would be a frivolous investing in that sort of thing when we could have a more guaranteed income with a property which we know will not onlly give us an income but also go up in value whilst its giving us that income

good point and what about the boat?

my husband has always wanted one and it is only small but he sails about in it every weekend and with a boat you can also sell it for a profit or even if you don’t get much of a profit the way we have looked at is isthat you still get the enjoyment out of it or at least he does at any rate lol not me

sound advice.  I have just been reading another thread on here about yachts.  Same principle with small boats too I would imagine as long as you kept it in good order

Yes exactly 

I think its important to get some enjoyment out of an investment too tho don't you because stocks and share are so boring

I hear you!

yes everything gets very serious doesn't it why people don't enjoy their invesmtnets a bit more I don't know

yes but I think poor jlouiseprk would rather something more exciting than a boat, even though her husband wouldn't agree!

you try telling him that!!