Right, I’ll try and make this as simple as possible as I’m confused myself.
I currently savings in a Marcus Savings Account. I am wanting to say have 50% in that account and take the other 50% and invest it somehow.
I have looked at websites/apps such as Wealthify and Nutmeg but it just blows my mind and I get lost. Has anyone had experiences with websites like those as a beginner?
Or can anyone advise me where to start or just leave it all in my Marcus account?
I should probably start by saying the generic… This is not financial advice, this is purely my own experience.
Yep, I’ve used Wealthify as a beginner. I probably invested at the wrong time given the recent state of the markets.
If you are someone who wants quick wins, and likes to track their money daily… Don’t use a robo investor.
They are for longer term investing (years, not weeks), and you’ll drive yourself mad if you check it often.
It might be worth talking to an independent financial advisor to get some advice which is specific to you/your situation 
https://www.moneyboxapp.com/ is quite simply the simplist foray into first time investing, and you can wrap up your investment into an ISA for maximum tax efficiency.
I was at a Finimize chat a couple of weeks ago and one of the founders of Moneybox was explaining the drivers behind their formation; which was essentially the creation of a super simple product that permits first time investors to simply and easily access markets, with no previous experience. I signed up out of curiosity in March and I have been broadly impressed by their product. It’s not perfect, but I think it’s a great start.
Freetrade.io are an execution only, mobile first stockbroker whose primary USP (for now) is super low fee or free trading. There’s a waiting list and it’s iOS only for the time being.
I have looked at Moneybox but it seems you need to deposit monthly and can’t just do a one time deposit?
I have also downloaded Freetrade, and I am in a queue. But now I look at it, it seems you need to have some understand of trading.
When you say long term, how long is long? I am wanting to invest for around 2 years which I’m sure that isn’t long in investment terms?
I’m not sure what you’d get out of 2 years of investing in Wealthify (or any other robo advisor).
It may not be much more than the 1.5% you’d get from Marcus.
It comes down to your risk appetite, if you want to risk it for bigger gains, but don’t necessarily know (or want to research the ins and outs of trading), then a Wealthily or Nutmeg might be the way to go.
If you really don’t want to lose any money, and would like a small return - I’d stick it in Marcus.
Edit - It’s sentences like that one above which makes me wish they hadn’t called it “Marcus”.
Reply version 1: Marcus is a great name! 
Reply version 2: I’m Marcus, please invest in me 
the returns are 0% there are no minimum or maximum deposit amounts 
Account details below:
Kidding 
Your capital is at risk*
I am using Scalable Capital to save money for retirement.
Please stick to fixed income products if you are new to investing. Stay away from speculative products. Do not expect returns more than 5% per year.
So out of Moneybox & Wealthify. Which would be best or do they both do and offer the same?
Neither go and see an IFA
That is so wrong it is difficult to know we’re to start. Go and see an IFA
You shouldn’t invest in stocks & shares for under 5 years, ideally 10. I’d find a decent 2 year fixed savings account if you’re happy to lock your money away.
You could also have a look at Ubs smartwealth.
That closed to new clients in the summer. I think existing clients will be transferred to new business at a later date too.
To me, investing is always down to risk levels. Yes, ‘just plain interest savings accounts’ such as Monzo’s Savings, Marcus and the like do tend to be low %, but they are also low risk (and you are covered up to £85k if the bank itself fails).
I would then say the next level up would be stuff such as Zopa and FundingCircle which I believe aren’t technically protected, but they do tend to have ‘protection plans’ in place and they try and spread your money across several borrowers so if one defaults, you shouldn’t lose too much.
Once you get into stocks and shares (and even into investment via crowdfunding using Crowdcube or Seedrs) and including ISAs etc - the rewards can can up massively, but so does the risk factor - you could lose everything you have invested. At the top end of the scale, you have things such as being a ‘Lloyds Name’ where the rewards can be really really high, but if a major disaster happens, you can lose everything - not just what you’ve invested, but your home/car etc etc.
You might find this thread interesting reading:
Like @Haitch said the convention is that investing is a long term endeavour where long terms is a minimum of 5 years and ideally 10+ years.
Keep your place in the Freetrade waitlist, engage with their forum & in the meantime work your way through the Freetrade Introductory wiki to boost your knowledge.
Based on your investment horizon, it’s a good foundation to have opened a Marcus account to get your savings going.
For higher returns, you may want to lock-in a proportion of your money with fixed term savings account either with a highstreet- or neo- bank.
Also, you could consider Peer 2 Peer (P2P) lending with the major players such as Funding Circle, Ratesetter or Zopa.
Vanguard is by far the best place to be investing rn. Extremely low fees (way, way, way lower than MoneyBox / Wealthsimple and whatever else). Super, super simple to use (as simple as Marcus is) and the range of their products is massive. I would rather invest with a firm investment company that has been around for years and years than an app that’s not even 10 years old.
On a side note, I wrote a program to create some simulations of vanguard vs robo investor (wealthsimple, moneybox, nutmeg) and vanguard came out on top every single time due to how little their fees are.
You can do it in lumpsum or monthly. It really doesn’t matter to Vanguard.
The easeiest option is to pick a life strategy. You give them the money and they invest it for you, taking 0.22% per year as a fee (capped at £75).
https://www.vanguardinvestor.co.uk/investing-explained/what-are-lifestrategy-funds