60 second guide to making your first investment

Staci West 12/12/2018 in Millennials

Ah Christmas. The time of year when all our bank accounts take a bit of a hit as office secret santa begins and all your aunts and cousins come out of the woodwork looking for a gift under the tree. Not to mention the dreaded ‘what to get your mother-in-law’ conundrum!

Whilst most of us will have a budget aside for presents, decorations and all the holiday trimmings. It’s always nice to see a simple envelope under the tree with cold hard cash. I mean, a girl can only be so happy about receiving another bath salts and shower gel gift set!

This year, why not do something a little different with your Christmas money? Instead of splashing your cash on New Year’s Eve, why not put your Christmas gifts to work and make your first investment?

“Christmas doesn’t come from a store. Maybe Christmas perhaps means a little bit more.” – Dr. Seuss via The Grinch

How to get started

1. Select your funds

Time to start thinking about where and with whom you want to invest. The research provided on FundCalibre can be a good starting point, and less overwhelming than staring down a list of 3,000 possible funds. And take comfort in the knowledge that our investment researchers have analysed in depth each fund and trust before assigning them a rating. When selecting your funds keep in mind you want to be building a diversified portfolio.

2.Top up your ISA or pension – or open one

Once you’ve chosen a fund or trust you can then invest in it. If you already invest, simply go to your current platform or provider and give them your new instructions – even if it is the holiday period, most will be open between Christmas and new year to take your calls or you could invest online at any time.

If you are new to investing, then it’s time to pick an investment platform. Platforum has a guide to some of the different platforms available or you can get additional help by reaching out to a financial adviser.

3.Keep the ball rolling

Now that you’ve started a good habit, keep the momentum going. Remember, you can invest as little as £50 a month or larger lump sums every so often if it fits your budget better.

4. Stay on top of it

You’ll need to keep an eye on your investments to ensure you’re getting the most out of your money. Consider adding a reminder to your calendar to review and update your portfolio, at least once a year, as your priorities may change.


Got stuck along the way? Have a look at our investment dictionary to help you wade through the jargon.

This article is provided for information only. The views of the author and any people quoted are their own and do not constitute financial advice. The content is not intended to be a personal recommendation to buy or sell any fund or trust, or to adopt a particular investment strategy. However, the knowledge that professional analysts have analysed a fund or trust in depth before assigning them a rating can be a valuable additional filter for anyone looking to make their own decisions. Past performance is not a reliable guide to future returns. Market and exchange-rate movements may cause the value of investments to go down as well as up. Yields will fluctuate and so income from investments is variable and not guaranteed. You may not get back the amount originally invested. Tax treatment depends of your individual circumstances and may be subject to change in the future. If you are unsure about the suitability of any investment you should seek professional advice. Whilst FundCalibre provides product information, guidance and fund research we cannot know which of these products or funds, if any, are suitable for your particular circumstances and must leave that judgement to you. Before you make any investment decision, make sure you’re comfortable and fully understand the risks. Further information can be found on Elite Rated funds by simply clicking on the name highlighted in the article.