How to start trading forex
Example Imagine you had a bearish – negative – view on the pound and wanted to sell it against the US dollar. Let’s say you decided to sell Monday morning and hold the trade until Friday evening when you closed the position. You can do this by short-selling the pound-dollar currency pair using a CfD […]
How to invest your money: investing basics
4. Choose an investment provider Once you know what you want to invest in, the cheapest way to do so is through an investment platform that allows you to open an Isa, Sipp or general investment account. Popular platforms include Fidelity, Hargreaves Lansdown, Interactive Investor and AJ Bell, but there are plenty of smaller firms […]
How to start trading – a guide for beginners
If a long-term “buy and hold” investment strategy isn’t for you, trading can provide a faster (albeit riskier) way of generating returns. Here, Telegraph Money, explains how to get started and the steps you can take to reduce risk. Trading is essentially buying and selling financial instruments with a view to making a profit, and […]
How to invest according to your job and life milestones
Pssst, I’ll let you in on a little secret: want to know what the best possible investment is? Your workplace pension. Now this is not a judgment on your default fund – more on how to review that later – but instead a big pompoms, cheerleading high kick for the scheme itself. Because your workplace […]