First-time investor with £5,000 – looking for advice
I’m about to invest my first £5,000 and I’m planning to do it through Trading 212. I’ve never invested before, but I’ve finally decided I’m ready to get started ASAP.
If you were in my position, how would you invest the £5k? Would you put it all into a global ETF like the S&P 500 or FTSE All-World, or split it between different funds/stocks?
I’m investing for the long term and I’m not looking to trade daily. Just wanted to hear what more experienced investors would recommend before I hit the buy button.
Any advice or things you wish you’d known before making your first investment would be really appreciated!