Skip to main content
Raymond S
Software Engineer
Asked a question 2 months ago

Would you advise me to invest £100-200 into different ETFs (8-12), into areas of interest that I believe have potential for growth, or focus on a few (4-6) and focus my capital to £200-400 into each?

Where am I?

In Koody Community you can ask and answer questions and share your experience with others!

This answer won 500 Koody Coins

The first thing that comes to mind after reading your question is the transaction fees you might incur depending on the broker you choose. If you are a new investor, I'd recommend starting with 4 - 6 ETFs and see how things develop from there? When choosing a broker it might be best to look for a zero-commission or fixed fee broker, so you save on transaction fees. check out Interactive Investor, Freetrade and Trading 212