SavvyWoman’s first investment event – key messages
What should savvy women do if they want to invest their money?
Yesterday it was SavvyWoman’s first investment event. It was a fantastic afternoon with interesting talks about the current economy and what that means for investors, how putting together a portfolio should be part of a bigger plan, how you don’t have to be an expert to pick shares in individual companies, why income is such an important part of your overall investment return and how charges can really add up. Here are some of my thoughts…
What is tracker fund? Understanding tracker funds.
Tracker funds aim to replicate the performance of a stock market index but they’re not all the same.
In the current economic environment when interest rates and stock market returns are relatively low, the amount you pay in charges on your investments can make a big difference to your return. That’s part of the reason why more people are thinking about investing in tracker funds. Tracker funds aim to replicate the performance of a stock market index (such as the FTSE 100 or the FTSE All-Share) and they charge far less than other funds, but there are some important differences between them.
If you applied – and got - Royal Mail shares, what should you do with them?
Royal Mail shares aren’t due to start trading until Tuesday, but ‘conditional’ trading has already got underway (which is when institutions trade with each other and some individuals can trade through a broker). Shares started conditional trading at £3.30, but soon rose sharply in value. So what should you do if you have shares in Royal Mail?