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Best App today for beginner?

baby fish · 2022-10-26 20:30:12

What is best App for beginner to use when investing 500 - 1000 per year and plan to hold shares for few years? I've picked etoro without actually investing anything yet, is there something better when doing just 500 - 1000euro?

26-10-2022 09:30PM

#1

baby fish

Registered Users, Registered Users 2 Posts: 269 ✭✭

Join Date: July 2012

Posts: 226

What is best App for beginner to use when investing 500 - 1000 per year and plan to hold shares for few years?
I've picked etoro without actually investing anything yet, is there something better when doing just 500 - 1000euro?

0

Comments

#2 27-10-2022 10:48AM

Static M.e.

Registered Users, Registered Users 2 Posts: 3,105 ✭✭✭

Join Date: February 2002

Posts: 2850

On the APP, I don't use eToro but I found the Degiro easy to use and intuitive.
On investing, you need to try to understand the Tax implications of owning shares vs. EFTs vs. Investment Trusts. If you are looking at EFTs, understand or search here for the Deemed Disposal rule.
You also need to consider your time horizon, depending on what you are interested in and how long you are planning to lock away that money a Government bond (loss risk, low return) might be better off for you..
This might be worth watching https://www.youtube.com/watch?v=yGxLw3YUdQw
He is author of a book called Just Keep Buying, which I liked.

1