If you’ve not been sure whether to invest money in shares (otherwise called ‘equities’), here’s why you should
Guest article by Ana Cucik Armstrong of Armstrong Investment Managers.
If you’re not sure whether or not buying shares is for you, it helps if you know a bit about what it involves and how a stock market works. So, to start with the basics, a stock market or equity market is used to trade company shares at an agreed price. These are ‘listed’ on a stock exchange, so that people and companies can buy and sell their shares.
If your ISA provider drops the interest rate without warning or withdraws a fixed rate account, what can you do?
If you’ve taken out a cash ISA this year, you may feel that the low interest rates are enough grounds to complain (and who could blame you?). But, every year – at around this time - the free to use Financial Ombudsman Service gets a steady stream of complaints about banks or building societies not transferring or opening ISAs correctly or chopping and changing interest rates. So, when can you complain and when is it a case of ‘saver beware’?
In part two of the 'basics of investing', what is rebalancing, keeping costs low and why you shoud use your tax-free allowances
A few weeks ago SavvyWoman sponsor Nutmeg held an 'introduction to investing' event. The idea was to explain the basics in a jargon-free way. Last week I wrote part one of the basics of investing, based on what Shaun Port, chief investment officer at Nutmeg, said at the event (because several women who hadn't been able to make it got in touch). This is the second article, which covers 'rebalancing', why costs should be low and using tax-free allowances.