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Effective Investing: A simple way to build wealth by investing in funds by Mark Dampier

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Chapter 3. Getting Started

So you have decided to start making regular savings into an investment programme. Maybe you are already an investor but want to rethink whether you are approaching it the best way. Or maybe you have just come into a lump sum. The same questions always then arise: how do I go about investing? And what is the best way to put those investment decisions into practice? In this chapter I give my views on these questions. I explain why for most people I believe the answer to, “Why use funds?” is: “Because it is the simplest and most convenient way to do it”, and the answer to, “How?” is: “By using an investment platform”.

Of course, you may say that, working for one of the largest platform providers in the country and specialising ...

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