RE: DOW20 Jun 2020 16:18
Money4Miss, the first thing you should realise is that everyone on these boards have their own agenda, being rampers or de-rampers. If you have inherited some money then consider opening an ISA, which will provide you with no tax charges either income or gains. You can put in £20,000 during this tax year. Then you should consider your investments. They can go either way, up or down. So, diversify in you can between four or five stocks. I have Lloyds in my portfolio but it represents about 10%. I have about 50% in oil and the rest in pharmaceuticals. Oil is not all bad, despite what Greta says. It is needed to make the world go round, not just petrol and diesel but also shipping and aviation. Many oil companies are moving towards zero emissions - have a look at the BP board and read some of their RNS. Good luck with your investments.