How to start investing | MoneyWeek Digital Editor Kalpana Fitzpatrick

Kalpana Fitzpatrick is the Senior Digital Editor of MoneyWeek and the author of a few finance books including Invest Now. She’s here to explain how to get started with investing because it’s a key wealth building tool. In fact, as we learnt in Episode 2 with Andrew Craig, it’s how most rich people became rich. So, how do you do it? Let’s find out.

✉️ Get summary of this episode emailed to you

Subscribe: ⁠https://makingmoney.email/ep3

📈 Investment platforms we use

Trading 212

Watch this video where Damo explains how to get the most from it: https://youtu.be/BVVZhrM0LVQ

Get a free share worth up to £100 when you sign up for a new Invest or ISA account and deposit at least £1.

Use the code ‘MM’ or this link: https://www.trading212.com/join/MM

InvestEngine 

Get up to a £50 bonus when you invest at least £100.

https://investengine.pxf.io/daOD2Q

Vanguard

Minimum investment of £500 or £100/month

https://www.vanguardinvestor.co.uk/

🎉 Sponsors

Odoo - test their Sign app for free: ⁠https://www.odoo.com/r/MM⁠

Vanta - Get your company secure and compliant, with $1k off: ⁠https://vanta.com/makingmoney⁠

Tide - Get up to 4.22% AER (variable) on your business savings. Use this link ⁠https://www.tide.co/offers/makingmoney⁠ or the code 'MAKINGMONEY'. You'll also get £100 if you fund your account with £5,000 in the first 30 days. Ts&Cs apply. 

The more you save, the higher the rate—up to 4.22% AER (variable) on balances over £1M. New Tide members receive these rates free for 6 months, then your Tide plan’s savings rate and thresholds apply. Visit ⁠https://tide.co/savings⁠ for full terms and conditions.

🤝 Make the most of your money with a financial adviser

Get professional support 1:1 planning your finances: ⁠⁠https://makingmoney.email/financial-advisors-audio⁠⁠

👨‍👨‍👧 Sign up to free webinar on inheritance tax

⁠⁠https://makingmoney.email/IHT-webinar-audio⁠

Disclaimer:

If you purchase a product or service using one of the links above, we may receive a small commission. There will be no additional charge for you. Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk.

This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life.