Right, I know nothing about shares apart from the basics of them, i.e. what they are!
Would like to start getting into them but don't know where to start. When I try to find out info I see acronyms and charges thrown at me and I'm unsure what I'm looking at.
Anyone here have shares and know what they are doing? Would the FTSE100 or 1000 be a good start in throwing a grand at? If not, why are they always mentioned?
Could they, if things go well, make more than the same 1k would in a savings account pay 5% gross? (so 50 quid a year gross basically).
After the grand, I would hopefully know more and can start picking out other products, but until then, need to stick me toes in the water.
Any help greatly appriciated!! For the thick amongst us when it comes to shares!
Obviously not interested at all if someone said either FTSE would never make me more than 5% a year!