Investing for dummies: Time to take the plunge and pick my first stocks

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Investing for dummies: Time to take the plunge and pick my first stocks
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I'm an investing dummy, admits lauriehavelock 'It’s time to put my money where my mouth is and choose where to invest £25' 👀 Here's how it went:

about how, despite being a cash saver and doing the job I do, I had never seriously invested in the stock market.

I’m putting together a portfolio – a group of investments, in other words – that will rub shoulders with Wall Street’s finest. I’ll leave picking out a pin-striped suit, where to source fine cigars and the ins and outs of a “business lunch” until another week…I have done my research and all the experts have told me it’s important to be aware what purpose I’m investing for as different investments will suit different aims.

As individual stocks will be more volatile, as a company’s fortunes can change quickly depending on big economic factors or small, specific problems, I’ll balance this with funds, which are considered less risky as your money is split across many different firms. For that, I think we can expect the firm to do even better next year – and for its share price to increase. Though it is currently at around the 225p mark, having fallen more than 22 per cent in 2022, I’m hoping to have got in at a good price just in time for a steady turnaround next year.You may not have heard of this company, but the Nottingham-based maker and seller of fantasy board games could be a big hit next year.

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