Want to buy breakfast with gold? Millions face British Gas price hike: Energy bills for dual fuel customers will increase by an how much do i need to start investing in shares of 5. How much money do you need before you start investing?
Experts reveal when you should take the first steps By Tanya Jefferies for Thisismoney. Read this: How much money do you need before you start investing? Would you lose sleep over the amount you plan to invest if it got wiped out in a market crash? If your answer’s ‘yes, it would devastate me emotionally and financially’, think again about whether you’re ready to invest. That’s not a bad rule for novices to bear in mind, even though there are more exact pounds and pence answers to what sum you need to get started. We take a look at what amount of seed money is ideal, how long you should be prepared to lock it away, and what the general state of your finances should be before you take the first steps into the world of investing.
Getting started: How much seed money do you need to enter the world of investing? How much money should you have before investing? 1,000 is a good starting point, according to Gavin Haynes, managing director of financial adviser Whitechurch Securities. Traditionally people will go down the route of investing in funds as their first port of call.