Here is how to do it; first you need to sign up for a brokerage account I recommend free trade, you will need some basic information like your address, bank account and NI
you can sign up using my link below and we both get a free share! (https://magic.freetrade.io/join/philip/c0c9a691win a share worth £3/200
www.trading212.com/invite/FzTvgdTr This is also a sign up for Trading212, where you can also buy tesla and many other stocks.
Once you sign up you need to fund/deposit your account, which is on the bottom right of the app under “top up“. Once funded click on the search icon called discover, search for tesla or $TSLA, now click the purple buy sign and enter the amount you want and you have now bought your first share!
Tesla is just an example; you can now have a look through at all the different options. Make sure you do your research before buying a share and it’s important to remember that investments can go down as well as up.
When buying into a company it’s always a good idea to research it, a quick Google search can give you an idea. Do you still see the company being around in 10/20 years as times and trends change.
It’s not about timing the market but more time in the market. For motivation I use a compoundcalculator https://www.thecalculatorsite.com/finance/calculators/compoundinterestcalculator.php , which helps me calculate where I could be in the long run, it’s important to think long term with the stock market.
You can either go for growth stocks, which you help will increase in value a lot, or dividend paying stocks, which are a lot more established, alternatively you can look at my guide on ETF’s.