The world of investing can seem daunting, and it's true that there’s a lot to learn if you want to become a successful investor.

But there are simple ways to start investing without needing to be an expert. Let's go through through the basics.

Who can invest?

Anyone. It's a common misconception that only very wealthy people can invest. In fact, that's one of many myths about investing that put people off. In reality, you can make an investment with a relatively small amount of money.

Should you invest?

If you have extra cash left once you've paid off any debts and paid all of your outgoings, you have 2 options: save or invest. One could be better suited to you than the other – it all depends on your circumstances.

If you think you’ll need to access your money at short notice, or you’re thinking of using it to buy something like a car or holiday, saving your money is probably best. This is because savings are easier to access and much lower in risk. The downside is that you’ll probably only make a small amount of interest on the money you save.

If your goal is longer-term such as saving for retirement, it's possible to generate a greater return on your money by investing it – although the value can also go down and it's possible to lose some or all of the money. This is why people who invest tend to make sure they have some cash saved before they invest, just in case.

Want to learn more about what you should think about before investing? Take a look at our article on benefits and risks. We recommend that you speak to a financial adviser beforehand. They’ll be able to consider your circumstances and give you personalised advice.

How much money do you need to start investing?

Some investments, like property, need quite a lot of money. But with others, you can get started with less than you might think. For example, you can open our Stocks & Shares ISA from as little as £25 a month, or a one-off payment of £500.

How do you get started investing?

If you want to start investing in stocks and shares, it’s probably easier than you think to get up and running.

If you're sure it's right for you, you can apply for our Investment Account online. You can either choose your funds now or later, so if you want to get set up, but take more time to consider your investments, you can.

Looking to invest?

Visit our Investments page to see the different types of investment accounts we offer.

Investment articles

Take a look at our latest news and guides.

Contact us

Still need some help? Give us a call.

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