I’ve been managing my stocks and shares savings since May 2019, didnt have one before.
Had never heard of FT until I did, and thanks to FT my minimal investment power is still of worth. A year later I’m still here.
I started with a very minimal amount (nothing i wasnt willing to lose). Firstly I got to grips with the app itself. Knowing how to navigate and what the app can do is very useful. I put some money down on shares that were priced low (no doubt thanks to pandemic).
I saw the numbers move and made some sales for short term profit. Reinvested. Deposited more.
While the percentages were jumping around in the background I spent time reading various resources. Freetrade forum, simplywall.st, even WSB (take everything you read on there as a probable troll). This was all in a GIA.
As your confidence and knowledge grows so will your investment strategy. If you dont already know about ISAs and what they can offer then this is a logical point of research also. In doing so you may realise some more fundamental changes are beneficial too, such as changing bank or using a cash ISA instead of standard savings account.
This is not financial advice, simply a personal experience that may help guide your journey.
I’ve now fallen into a similar line as many. Majority of portfolio in ETFs/bonds and smaller amount in company stocks which are more for fun (for me). At present it’s a 75 / 25 split as I learn alot through active trading and the money involved I am prepared to loose (so far in green though )