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Advise for a complete novice

  • 13-11-2018 11:33am
    #1
    Registered Users Posts: 474 ✭✭ Pixel Eater


    So I've but been squirrelling away money for years into saving accounts but obviously the returns these day is pretty paltry. About a year ago I decided to use Irish Life MAPS investment but was maybe thinking of investing again but wondering if I could do it directly myself instead.


    The thing is I'm a complete novice, no real knowledge of the markets, funds or stocks. Could anyone give some advice on investing? The practicalities of it; what sites to use, how to set things up etc.


Comments

  • Registered Users Posts: 4,416 ✭✭✭ jacdaniel2014


    It's risky business, only put in what you're prepared to lose.


  • Registered Users Posts: 21,077 ✭✭✭✭ AndrewJRenko


    How much do you expect to be investing?


  • Registered Users Posts: 474 ✭✭ Pixel Eater


    It's risky business, only put in what you're prepared to lose.


    I accept the risk. In fact I think that my current Irish Life investment has less money than my initial investment when the government levy and early cash out penalty is factored in.




    How much do you expect to be investing?


    Since I've pretty much no clue what I'm at very little, initially at least. Circa 2-3k maybe...


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