RE: Newbie and thinking of investing would like help pls12 Oct 2020 10:25
Investing is risky and it is quite common for newbies to be their whole pot on one outcome.
If things do not work out you can sometimes wait 5 years or more to just break back even.
So say I have £10'000 there is no way I would ever put more than 5% in a long speculative position, and some would consider that too high.
However I am also in GGP, ECR and AAU and made a bit in SLP so all in the same industry.
For what purpose are you making the investment is it in your Nominee Account, ISA or SIPP or just a spread bet?