Trading my Great British Pounds for CryptoCurrency is the last resort for my falling devalued currency. I can no longer protect my great British pounds from inflation, low-interest rates and Brexit.
Index and Funds is the only way for a low capital portfolio to own a host of amazing companies in your portfolio. Buying a single share of Amazon, Google, Facebook and Apple each would cost you almost $3,000. However, some index or funds allows you to own these four companies and other quality companies with a low capital of $100. This would encourage a self-investor to save more money every month for a contribution.
Many UK residents do not comprehend how generous the government is to tax payers who save money! Yes, its all about the ISA, ISA, ISA. I have been blogging many times over the course of my blogging career to stress how fantastic the UK ISA programme is. As written on the tin, UK ISA is a tax free programme which limits a contribution of £20,000 a year in the 2018/19 tax year. If you invest this £20,000 in stocks and shares and turned it into £1m, the entire amount of money is TAX FREE!!
Even though there will always be rises and falls in the property market, it’s often a great way to invest your money. Even if the value of your slice of real estate drops from time to time over the years; you’ll still have your money secured in a valuable asset, that will no doubt increase in value naturally.