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Back to Basics: Investing for Beginners

Alex Gard, aged 8, asks Morningstar analyst Dan Kemp why he should invest when he could be spending money on sweets

Holly Black 01 October, 2019 | 10:11
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Alex Gard: Hello, I'm Alex Gard. This is Dan Kemp. And today, we're talking about investing. What is investing?

Dan Kemp: Hello, Alex. Well, that's a very good question. So, what investing is, is taking some of the money that we have today, and then buying something which we hope will be worth more in the future. So, there are lots of different types of investing. Some people try and invest in things like wine, or old cars. But most of the time, it means buying bits of companies or lending money to people so that that will grow over time, it will have more in the future.

Gard: Is investing just for adults?

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About Author

Holly Black

Holly Black  is Senior Editor, Morningstar.co.uk

 

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