Investing for beginners
Choosing to invest can make your money work harder and help you achieve your financial goals, although there are risks to investing. Taking your first step can be daunting so that’s why we’ve created a simple guide for beginners.
Average inflation
What £1,000 will be worth in real terms
After... |
2.5% inflation |
5.0% inflation |
7.5% inflation |
10.0% inflation |
---|---|---|---|---|
After...5 years |
2.5% inflation£884 |
5.0% inflation£784 |
7.5% inflation£697 |
10.0% inflation£621 |
After...20 years |
2.5% inflation£610 |
5.0% inflation£377 |
7.5% inflation£235 |
10.0% inflation£149 |
After...40 years |
2.5% inflation£372 |
5.0% inflation£142 |
7.5% inflation£55 |
10.0% inflation£22 |
Halifax Share Dealing Limited. Registered in England and Wales no. 3195646. Registered Office: Trinity Road, Halifax, West Yorkshire, HX1 2RG. Authorised and regulated by the Financial Conduct Authority under registration number 183332. A Member of the London Stock Exchange and an HM Revenue & Customs Approved ISA Manager.