A Beginner's Guide to Investing £10,000

With savings rates at rock-bottom, investing in the stock market is an attractive option for growing your money, but working out where to start can be difficult

Marina Gerner 7 September, 2020 | 11:06AM
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While £10,000 may not be a life-changing sum of money, the decision to leave it in a savings account or invest it in the stock market will make a dramatic difference to your wealth over time.

Given how low interest rates are, a savings account can barely keep up with inflation. Meanwhile, the FTSE 100 – the index of the largest 100 companies listed on the London Stock Exchange by market cap - currently yields about 3.6%.

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The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

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About Author

Marina Gerner  is a freelance journalist