does not inspire confidence if you are looking to go into spread betting and not know what etfs are.
Try doing searches on AAM. Hold off on the spread betting until then.
What he is probably suggesting is to try learning to walk before you run.
Ive learnt a good bit about spreadbetting, but I was a complete novice in this area. But it has raised some questions for me. The main one being that it seems more like gambling to me?
Spread betting is just another form of gambling really. I wouldn't call it investing as you do not acrue any assets. It's a bit like betting on black or red on a french roulette wheel.
With spread betting it is a risk!
all or nothing.
Shares are not. They may go up or down but rarely totally wipe out.
but can wipe out your entire investment if it doesn't.
Some spread bet firms will not guarantee stop losses so if , for example , the market gaps overnight you could end up losing a lot more than your deposit.
Anyone contemplating spread betting should know inside out what they are getting in to.
gonk said:The fund investor is down 10%. Which of these investments is riskier?