8 Most Important Investing Questions

Please note this blog post was published over 12 months ago and so may not include the most up-to-date information, for example where regulation around investing has changed.

8 Most Important Investing Questions

Financial investment can be an effective way to get more out of your money, but for many people it can also be a confusing subject. That’s why we believe in a modern way of investing, helped by technology that is simple, effective and unique.

With our award winning impulseSave® app you can top up anywhere, anytime. You can also track your investment, ensuring you are in full control of your financial picture.

Here’s 8 answers to questions you may have about investing with True Potential.

How much do I need to be an investor?

Investing doesn’t necessarily have to be about putting away tens of thousands of pounds each year. For many people, investing little and often could make a difference.

You can open a new True Potential Stocks & Shares ISA from £50, and with impulseSave® you can top up anywhere, anytime from just £1. With a Stocks & Shares ISA, you can invest anything up to £20,000 in this tax year.

How do I get started?

Before getting started, you should consider your goal. Are you saving towards a home purchase, school fees, retirement or something else? This will help you determine what kind of investment you need and how long you want to invest for. You can then choose your risk profile, how much to invest, your account type and investment Portfolio.

Our app or website will help guide you through setting your goal and projecting how much you will need to invest.

How long do I need to invest for?

We believe in giving you freedom and control to invest your way. The amount of time you invest for is dependent on you and your circumstances.

One thing to consider is that long term thinking could help you to ride out any fluctuations in the market. If you think about the FTSE 100 in 1987, and where it is today, even after events like the 2008 crash, you can see how long term investing could work. However, past performance is not an indicator of future performance.

What about the risk?

With investing, you need to remember that your money could go down as well as up – you may not get back the amount you invest.

That’s why long term investing could be considered wiser than short term investing, as it could give you the time needed to manage any fluctuations in your value.

We help you to manage your risk by using Advanced Diversification when investing your money.

Why is diversification important?

Our unique Advanced Diversification offers a blend of tried and tested multi-asset investment strategies that finds opportunities for growth. We work with UBS, Allianz, Goldman Sachs Asset Management, Columbia Threadneedle, Schroders, SEI, Close Brothers, and 7IM.

By being diversified you could be in a better position to navigate market volatility in our changing world.

What makes True Potential different?

Our in-house development team has helped to build award-winning technology that gives you 24/7 control over your investment through online, tablet and mobile devices. You can track your investment and see data relating to your money. Furthermore, with impulseSave® you can top up from just £1.

How much does it cost to invest? 

Our investment fees are broken down into two parts, a platform fee and portfolio fee. The platform fee covers administration of your investments, 24/7 access to your account, custodian services, safekeeping of your assets, live chat, email and phone support.

The platform fee is a 0.40% charge of the value of your investment per year, taken from your account monthly.

The portfolio fee covers investment in a True Potential Portfolio, active management and rebalancing of your Portfolio, and oversight of our expert Investment Committee. This charge is from 0.76% of your investment per year, taken from your account monthly.

Why is investing important?

Through our quarterly survey of the UK public on attitudes to saving, we have identified a Savings Gap. Our research shows that only a minority of savers will have enough funds for a comfortable retirement, by their own definition.

Through understanding of investing, and aided by our investing technology, you could help to narrow your savings gap.

What are your thoughts on investing for the future? Have your say on our twitter or facebook.

With investing, your capital is at risk. Investments can fluctuate in value and you may get back less than you invest. Past performance is not a guide to future performance. Tax rules can change at any time. This blog is not personal financial advice.

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