Blue chip are usually the biggest by market capitalisation, doesn't mean the best or the safest, and certainly not to be bought on an individual basis if you have no experience, diversification is key across sectors and geography, fund of fund, manager of managers, are better suited for most mainstream investors but ensure you complete a suitable risk profile questionnaire to ensure your money goes into the right portfolio of the FoF or MoM, trackers or ETF's cheaper, ISA wrap whenever possible and don't invest what you can't afford to lose |
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"Blue chip are usually the biggest by market capitalisation, doesn't mean the best or the safest, and certainly not to be bought on an individual basis if you have no experience, diversification is key across sectors and geography, fund of fund, manager of managers, are better suited for most mainstream investors but ensure you complete a suitable risk profile questionnaire to ensure your money goes into the right portfolio of the FoF or MoM, trackers or ETF's cheaper, ISA wrap whenever possible and don't invest what you can't afford to lose"
Thank you.
I have a friend who knows his stuff, but, thought I'd just see what others have to say as well.
I won't be taking the plunge just yet anyway. I'm also cautious by nature, so I certainly won't be risking what I can't afford.
More research to do first.
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