Video: Investing Mythbuster

Wealthify’s Chief Investment Officer, Michelle Pearce-Burke helps to bust some of the common myths about investing
Investing Mythbuster
Reading time: 1 Min

 

 

I don’t have loads of money – Wealthify lets you invest from £1

I don’t understand investing – our investing experts make all of the decisions about where to invest your money on your behalf, so you don’t need to worry.

Investing is expensive – we charge a simple annual management fee of no more than 0.7% which covers everything we do to manage your investments. A small additional fund charge and transaction cost also apply and are detailed on our fees page.

Investing is too risky – we’ve created five investment styles, so you can choose a level of risk that you’re comfortable with.

I don’t want to lock my money away – investing should be used for long term goals, but with Wealthify, you can withdraw your money whenever you like without penalty if you need to, so it’s not locked in at all. You can access your plan on any digital device 24/7 to monitor your performance, or top up your plan.

Wealthify helps you to break down the barriers to investing. You can start a Stocks and Shares ISA, Investment ISA, a general investment plan, or an ethical investment ISA, with as much or as little as you like. It takes less than 10 minutes to sign up and Wealthify’s experts do everything, picking your investments and managing them for you, every day.

 

 

Past performance is not a reliable indicator of future performance. With a Wealthify investment your money is at risk, as the value can go down as well as up. The tax treatment of your investment will depend on your individual circumstances and may change in the future. If you are unsure about whether investing is right for you, please seek financial advice.

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