I have been trying to get my head around investing in funds lately. My bank allows me to buy into funds directly from my online banking so I have been experimenting a bit with small amounts (that I dont need access to). Last month I put 100 euro into a fund based on high yielding bonds. This month I put a small bit more into a climate and energy fund.
Is this a stupid thing to do? Should I be saving up larger amounts and investing them in one go_? I have 15K in a bank account doing nothing but I dont want to invest it until I have a better idea of what I am doing. I also dont want to invest in something like philip morris. And I want to get a good idea of how much it will cost.
(btw this would be saving for a long term time horizon and I am open to high risk right now, I have short term savings going into savings accounts)
I cant link to the bank but its nordea finland and investments.
Is this a stupid thing to do? Should I be saving up larger amounts and investing them in one go_? I have 15K in a bank account doing nothing but I dont want to invest it until I have a better idea of what I am doing. I also dont want to invest in something like philip morris. And I want to get a good idea of how much it will cost.
(btw this would be saving for a long term time horizon and I am open to high risk right now, I have short term savings going into savings accounts)
I cant link to the bank but its nordea finland and investments.