So, just looking for some advice/guidance/approval from more experienced investors.
I’m currently able to invest around 100-150 a month. I began this all with a £100ish initial investment, split across the following:
1 share (£48 at time of buying) in Vanguard’s S&P500
1 share (£26 at time of buying) in Vanguard’s FTSE100
0.01 share (£25ish at time of buying) in Amazon (lol)
I’m looking to split my investments on a 70/30 basis between ETFS and individual companies that I personally believe will do well in the future.
As it is, I plan on using ETFs as a ‘savings account’ that will slowly increase in value over 5-10 years. The individual companies are more of a gamble and are just there to give me a little bit of a thrill! Obviously I intend not to lose out, but of £100 invested, only £30 of that will be split across whichever companies I’m investing in. Most likely things like Amazon, Alphabet, AO etc.
So, I guess I’m looking for a few things here:
- Which ETFs should I invest in to create a nice, diversified ‘savings’ pot?
- What’s the best way to split the investments so that I can get a clean 70/30 distribution? I only ask because not all shares are fractional, so it really makes it a pain in the ass trying to split £100 up when I am committed to spending £48 on my S&P500 alone!
- As I’m in my mid-20s, should I be willing to take more risks or look at investing in stocks that pay more dividends? If so, which ones?
- Any tips for small, individual companies that you believe may provide growth over the next year? I’m specifically looking for cheaper stuff around the £2-£10 mark
I hope this all makes sense!