From cutting fees to understanding risk: a beginner’s guide to better investing

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As savings rates on cash remain at record lows, thousands of investment novices are turning to the stock market in search of some kind of return on their money. Whether they are saving for a home or preparing for retirement, people are starting to manage their own portfolios on DIY investment platforms that now have 6.6 million customers seeking to beat the record-low Bank of England base rate of interest, which has been 0.1 per cent since March. Times Money Mentor, our sister website which offers feasy to understand guides and independent product ratings, has a free course for investment beginners. Here are the ten golden rules to follow.

1. Get your rainy-day fund in place
You should aim to have three months’ wages in