Certainly, people haven't really been what Robert Kiyosaki would call financially educated. Most people here tend to see buying and owning a house as their limit... whereas, there are a lot more things you can do to make more money to live on now and in the future. I can only hope that this is changing as people become increasingly more financially aware.
Even the cheapest high street bank has tended to rip it's customers off with ￡50 per trade deals, which is a major disincentive to buying and selling shares - the internet has brought the cheaper deals down to around ￡7 per trade - but there is still a long way to go before people in the UK become wholly comfortable with investing.
Websites are popping up here and there with more information that is aimed specifically at the UK consumer, providing more details that we can use to make balanced and informed decisions about making investments while working full-time.
for example: GET REAL with Jan Skoyles started back in Dec 10, 2013. This is a sort of crowd-funded magazine-style programme for the UK about investing.
I love investing and I work full time, but I also pay for some subscription plans because I dont have time to do all that research necessary. Well worth it to subscribe to some of those.
In the UK, the number is low because in Britain there is (still) this notion that "investing is for rich people" (part of the reason I emigrated) ....but here in the US, about 65% of the population put at least part of whatever money they earn in Common stocks...
Without any doubt, it's the easiest way to "get rich slowly"...if you use some Common sense, there's really no need to spend all that much time doing research, either...just buy shares in a diverse "basket" of popular stocks that have good dividends, or excellent growth potential, or both!
Mutual funds is a very good way to start out . There is a good tutorial on Vanguard.com on investing . Then if you want branch out to individual stocks . Two things to remember is never invest in an annuity or pay a load on a Fund or stock . Both are there to make someone else (not you) wealthy .
Just be aware that it is just a legalized form of gambling. There's NO guarantee for your money, none at all. You would be better served at your age by investing in something safe that will grow for you - such as an annuity or bonds etc. Make an appointment with an investment specialist who can give you good ideas.
I started doing this just like you. I ended up getting a little frustrated on how something in the middle east could affect the stocks of something in the US. I ended up purchasing real estate that was cash flow positive. Small places like in kokomoproperty.com. This is my web site. Anyhow, you seem like you are planning ahead and many people make money doing this. Just diversify and leave room for downturns. good lluck!
yes i also work and invest in stocks, and currency, and if you have support for things like food and rent then its easier to invest your money
Why wouldn't you invest while working full time. The value of early investing is the power of compound interest. Taking time to study and invest at home is an INVESTMENT in your future
So i was just curious. I am born in britain and of 19 years of age. I have gone into school and college made friends with people but it seems that not many people are too educated with investing. I have never met anyone or know anyone who ahs a passion for investing like me (I have only recently found my passion for it. too late thought!). Im just curious wondering how many people invest while working a full time job unrelated to securities?
I am living with my parents and i will most likely get a job entry level in welding and i plan to invest at least half my earnings and research intensely into the stocks.
although there is quite a bit of risk I am going to continue my education by reading and experience in investing.
If you do invest and work full time, how much research do you put into the stock or do you just invest in mutuals?
thank you
