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Advise for a complete novice

  • 13-11-2018 10:33am
    #1
    Pixel Eater
    Registered Users, Registered Users 2 Posts: 493 ✭✭


    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

  • #2
    [Deleted User]
    Posts: 4,727 ✭✭✭ [Deleted User]


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


  • #3
    AndrewJRenko
    Registered Users, Registered Users 2 Posts: 30,290 ✭✭✭✭AndrewJRenko


    How much do you expect to be investing?


  • #4
    Pixel Eater
    Registered Users, Registered Users 2 Posts: 493 ✭✭Pixel Eater


    Deleted User wrote: »
    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.




    AndrewJRenko wrote: »
    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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