So on the back of @nikimukhi fantastic post and guide “a lil doc to help you understand savings and investment” I was wondering who else invests in the stock market?
It is something I am interested in doing eventually and I want to learn as much as I can. Here is as good a place to start.
- I believe that the stock market is a long term game. If that’s the case is it wise to bring some profits out to spend on yourself or should you re-invest it into more stocks?
- I have heard from a friend that his dad invested in the stock market over 10 years ago (I don’t have details, numbers or dates) but effectively his dad has made a loss and wish he placed his investment in property instead. He used a broker so my question is how likely is this scenario? What is the best way to manage your money in the stock market?
- If you are personally investing in a stock market, is it still worth paying into a pension scheme?
I can’t think of any more questions right now, but I am interested to hear people’s experience on the matter, whether good or bad and any advice.
Thanks in advanced.