Let’s start with the basics: what are investments?
Investments are things you can buy to hopefully help you make money – either they go up in value or produce regular income (like dividends) while you hold them. That’s the idea, but of course, – there is always risk involved so their value can go down as well as up.
Apps like Dodl offer investments such as funds and shares which can be held electronically in an investment account. When you buy investments using the app, you’ll receive digital confirmation with all the details. You’ll then see it appear in your investment account, where you can monitor how your investment changes in value over time, making it easier to keep track of.
So let’s look at each of these types of investments in a bit more detail.
The Dodl investment range
How do all of these investment types fit into the range of investments available with Dodl? Let’s take a look…
The Dodl range of investments can be split into three groups:
- AJ Bell funds
- themed investments
- shares
AJ Bell funds
A set of seven different diverse investment portfolios, ready-made by the experts at AJ Bell to make investing as simple as possible. Simply choose the risk level which suits you, and whether or not you’re after something more responsible.
Who are they for?
✅ New to investing and not quite sure where to start
✅ Want to leave investments to the experts
✅ Want a ready-made portfolio matching desired risk level
Not sure what’s meant by ‘risk’? You can learn more about it in the Why invest learn series.
Themed investments
Build an investment portfolio with funds that reflect your values. Invest in the trends you believe in, including specific sectors and regions or responsible investments. As they’re brought to you by some of the biggest names in the investment world, you’re still benefitting from some expertise.
Who are they for?
✅ Looking for particular themes, like global regions or responsible investments
✅ Looking to access a variety of investment choices with ease
✅ Investing around interests and values
Shares
Own a portion of a big-name brand by investing directly in a company from the UK or US. There are 80 different companies to choose from, covering a wide range of sectors.
Who are they for?
✅ Want to invest in individual companies and understand the risks
✅ Happy to do research when choosing shares
Ready to Get Going?
Hopefully you’re now all clued-up on what the different types of investments are and how you can invest in them with Dodl.
All this info is here to help you lay the groundwork to build your very own investment portfolio. Read on to learn more about how you can do this or browse the Dodl investment range to get started now.
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🔔 Remember investing carries risk and nothing in this article should be taken as advice - Dodl doesn't give advice, but we do hope the info is helpful!