Originally posted by GJABS
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If you are going to invest you may as well go to wikpedia find 10 stocks in FTSE do some basic analysis and buy them. Even better samples from the major indices worldwide. Over the last 10 years you could have got 8% per year (divis plus capital appreciation). Your rate of return buying your own stocks is better than buying funds by something like 2% if you know what you're doing.
Don't make it your plan B, but there is no harm in learning how to invest, but it does take a lot of knowledge, I can now "hoover up" on the markets but I still don't do any better than the average.
If you are beginner always buy blue chip, steer clear of small caps, I've lost count of the number of small/medium caps I bought that are now worthless, blue chips rarely become worthless (though they do), and always be in a position to double your position after a crash.
Good luck
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