Before investing ask yourself a few simple questions: Why are
you investing? How much can you afford to invest? And be
realistic; investing is usually something you’d do in the hopes of
growing your savings in the medium to longer term (5 to 10
years). So if you’re saving for something in the short term – say
Christmas or a holiday that’s coming soon - you might be better
off with a straightforward savings account.
How much do you need to invest to meet your goals?
Use our interactive tools to find out
What you’re investing for, your age, your income and other
sources of wealth and whether you have dependants to
consider are all things likely to have an impact on the amount of
risk you are willing and able to take. Investing always involves
risk but you can manage this in different ways. For example by
spreading your money across different investments with
different levels of risk and by making regular investments over
time rather than committing all your money in one go.
Different investments have different levels of risk
Research the different types to learn more
ISA and SIPP accounts are tax-advantaged ways to invest. Your
investments grow free of income tax and capital gains tax as
long as you stick to certain allowances.
Learn about ISA tax advantages
Learn about SIPP tax advantages
You can’t usually take money out of a SIPP until you are 55, so
that isn’t for everyone. But it generally makes sense to use up
your ISA allowance each year before investing through IDA.
Before you make any decisions about how to invest, do your
research. This is essential to understand how much risk might
be involved with an investment, what the charges might be, how
you might expect it to perform (remembering that past
performance is not a guide to future performance) and what
sort of income it might pay you.
Visit our Investing Hub
It’s packed with resources to teach you more and help you find
the right investment to meet your goals.
Be sure to review your investments against your plan, and ask
yourself if you’re still on track (our interactive calculators can
help with this). By reviewing regularly and taking action when
you need to, you should reduce the chances of any nasty shocks.
You might want to consider setting aside a regular time to check
the progress of your investments. And if you’re making regular
payments into your Account, think about increasing those each
year in line with inflation.
Managing your investments online and in one place through a
service like Alliance Trust Savings makes it easy to keep a close
eye on things. You can also trade quickly and efficiently this way.
Including in real time for listed securities.
Learn more about our platform
Why invest through Alliance Trust Savings?
DIY investing isn’t for everyone. If you’re not confident and don't know what you are doing you might want to get help from a
Financial Fdviser instead. And even if you are confident, there
might still be times when you need advice. For example on
complex investment and pension decisions or tax issues.
Find a Financial Adviser