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Showing posts from July, 2002

How to buy investments

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Buying investments can seem daunting if you haven’t done it before. Follow our step-by-step guide.

· Do you need help?
· Checklist for buying investments

Do you need help?

Have you decided what type of investment you want? Are you reasonably sure of what investment or product features you are looking for? If not, consider going to a financial adviser. The adviser will help you with these choices and with the buying process.

Checklist for buying investments

Are you intending to buy individual shares? You need to use a share dealing service and the cheapest tend to be online. You can find out about different types of service and search for a provider by:

· Visiting the Wealth Management Association website.

· Using the Investors Chronicle stockbroker comparison tool and table.

· Are you looking at investment funds? Use the Investment Association website to find out more about the types of funds available and where to go for more information. To com…

Do you need a financial adviser?

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If you’re looking to invest, buy a financial product or plan for the longer term, whether or not you need financial advice will depend on a number of factors such as what product you are looking for, how complicated your finances and personal circumstances are and your short and long-term goals.
·What services do financial advisers offer? ·Types of financial adviser ·What are the benefits of getting advice? ·So when do you need financial advice? ·Find a financial adviser ·What services do financial advisers offer?
Professional financial advisers carry out a ‘fact find’ where they ask you detailed questions about your circumstances, your goals and how you feel about taking risks with your money. Then they recommend financial products that are suitable and affordable for you.
Types of financial adviser
Financial advisers offer services ranging from general financial planning and investment advice, to more specialist advice, such as the suitability of a particular product such as a pension.
In the…