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Your twenties should be your riskiest in terms of investing? Watch

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    I get the logic behind it. Most have zero responsibilities and most will have kids and a mortgage in their thirties.

    I started working last September and have almost hit £10k in the bank.

    I'm not overly keen on a mortgage in the next few years and have security of having a roof over my head. I grew up in SW London and there's no intention to sell or move for the next few years (at which point I will probably be given a loan for the deposit (probably to be converted into non-repayable/inheritance)).

    But where do I start for investments?

    There are some cases where I'll read a business story at work and think to myself 'that company has dropped too far...'

    A recent example was Rolls Royce when they dropped to £5.12 a share after a profit warning.

    But is it simply about taking a risk? I'm almost at a level where I'll feel happy to buy stocks as I'll have something to fall back on but I don't know where to start, there are some basic share buying/selling but there are so many other ways to do it I'm not sure what to pick
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    (Original post by accno1)
    I get the logic behind it. Most have zero responsibilities and most will have kids and a mortgage in their thirties.
    The logic is more that you've got longer to benefit from compounding and equally longer to recover from losses.

    (Original post by accno1)
    But where do I start for investments?
    Entirely depends on how much risk you're willing to accept.

    At one end of the scale you could walk into a casino and chuck £10k on Red/Black. At the other end you could put it into a bank savings account.
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    (Original post by Reue)
    The logic is more that you've got longer to benefit from compounding and equally longer to recover from losses.



    Entirely depends on how much risk you're willing to accept.

    At one end of the scale you could walk into a casino and chuck £10k on Red/Black. At the other end you could put it into a bank savings account.
    That's a bit silly because investing isn't as much of a gamble if we're talking medium risk. And even if stocks do go down and everything crashes tomorrow as long a company has a large level of retained earnings it should survive and with that your stock. With gambling, if you lose after the spin, it's gone forever. The only way to chance getting it back is to plough more money into it.
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    (Original post by accno1)
    That's a bit silly because investing isn't as much of a gamble if we're talking medium risk. And even if stocks do go down and everything crashes tomorrow as long a company has a large level of retained earnings it should survive and with that your stock. With gambling, if you lose after the spin, it's gone forever. The only way to chance getting it back is to plough more money into it.
    Assuming the company doesn't going into administration or delist.

    As I said; it's all on a scale of risk.
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    (Original post by accno1)
    I get the logic behind it. Most have zero responsibilities and most will have kids and a mortgage in their thirties.

    I started working last September and have almost hit £10k in the bank.

    I'm not overly keen on a mortgage in the next few years and have security of having a roof over my head. I grew up in SW London and there's no intention to sell or move for the next few years (at which point I will probably be given a loan for the deposit (probably to be converted into non-repayable/inheritance)).

    But where do I start for investments?

    There are some cases where I'll read a business story at work and think to myself 'that company has dropped too far...'

    A recent example was Rolls Royce when they dropped to £5.12 a share after a profit warning.

    But is it simply about taking a risk? I'm almost at a level where I'll feel happy to buy stocks as I'll have something to fall back on but I don't know where to start, there are some basic share buying/selling but there are so many other ways to do it I'm not sure what to pick
    if you got low risk in might be five years before you see a realistically useable ROI but you go high risk and can make the same returns in under an hour
 
 
 
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