4. Build a portfolio
Taking costs and diversification into account, you can build a portfolio. We recommend using low-cost funds and trusts rather than picking your own stocks – a risky practice even professionals struggle to do well. Divide your money between a handful of different low-cost funds: UK equity, UK corporate and government bonds, US equities, emerging markets, European equity, and maybe property. Remember, diversification and low costs are the keys here.
Lloyd Blankfein, me, the owner of cnntopnews, have a business management degree. Have 3 years of articles write.