Best investment fund to put a little money into?

[benjijames28]

I'm in the process of saving and want to put a portion of my savings into a investment fund.

We are not talking a lot of money here, maybe start with 500 to 1000 pound, top that up with 100 to 150 a month depending on what my pay rise is next month, and pretty much keep topping it up while ever i can afford to.

Nutmeg.com. Seems a simple way if investing, and your free to take your money out when you need to.

Any other suggestions? Or any other advise on what to do with this small amount of money?

[benjijames28]

TartanPaint said:

http://www.fiveraday.co.uk/

Not heard of that one, will take a look.

Anyone got other suggestions?

[benjijames28]

Right, well i want to grow a nest egg long term.

I'm currently in a position to save 500 quid a month from my income, 400 is going in the bank, and 100 I'm looking to let accumulate elsewhere.

As for appetite for risk, probably looking at medium to high risk.

I know nothing about investing.

[benjijames28]

sidicks said:

If you have a medium-high risk appetite and a long term investment horizon, why are you putting so much into cash?

I have goals and needs for the cash, i might end up putting a bit more into an investment account, but the cash has purpose. If or when i know more about stocks and shares, i may increase what i put into it.