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Yes, Russell invests
A seasoned businessman who learned the ropes of investing to reshape his finances. He started much later in life and learned a tonne of important lessons. Now he’s got to grips with it all and wants to share his newfound know-hows so others can follow in his footsteps.
4 minute read
A tale of late bloomings and lightbulb moments
As a learning and development professional, Russell dedicated his life to helping others reach their full potential. But when it came to his own finances, there were still a few lessons to learn.
He was never really interested in the financial world in his younger years. And mostly focused on his career and travelling the world. But he had an ‘aha’ moment that changed his perspective.
Russell realised that long-term financial growth isn’t just a game of numbers – it’s the key to unlocking a life of freedom and adventure. He just wishes he’d started earlier. But being a glass-half-full kind of guy, he didn’t care that it meant playing a bit of catch-up. Better late than never, after all.
This is Russell’s story. Imperfect, inspiring, real. Learn more about his journey and find your footing in the world of investing.
Step off that rollercoaster – slow and steady wins the race
It’s easy to fall into the trap of ‘quick wins’ when it comes to investing. So you might be tempted to go for stocks that tend to make money fast. But Russell learned the hard way that longer term products could work out better. Now he’s a fan of less adventurous investments because they feel a lot more stable.
Russell learned that a little success in investing can go to one's head. You might feel invincible after making a lot of money on an investment. But he's quick to remind himself (and anyone who'll listen) that if you’re not a pro investor, practice humility and keep a level head.
Russell's story is a refreshing reminder that it's never too late to take control of your finances and create a brighter future.
Russell spent most of his life working on his career in learning and development. Always curious, always exploring. But when it came to money, he admits he may have taken the scenic route. But he had a financial awakening. Read his story to find out what happened.
Real investing tips from real investors
Russell’s had his ups and downs with money, but he’s never let the pitfalls stop him from getting back up. Here are a few lessons he’d like to share to get you going:
- You don’t need to know everything about investing to get started – slow and steady can work wonders
- It’s best not to think of investing as a get-rich-quick scheme, but rather as a way of creating long-term financial freedom and independence
- Find a provider who knows a thing or two about investing successfully, like Lloyds'
- There’s a tonne of information out there so it can be hard to zero in on what’s relevant to you, but the right firm can make it a lot simpler (you can start with Lloyds’ Understanding Investing)
Please remember that the value of investments and the income from them can fall as well as rise, and you may get back less than you invest. If you’re not sure about investing, seek financial advice. There will normally be a charge for that advice. Tax treatment depends on individual circumstances and may be subject to change in the future.
Yes, we invest ...
Meet Jess
“I've had a managed investing account before, so it was a good start to get that knowledge first. But now I feel more confident to pick my own. And thankfully, there’s a massive list of stocks to choose from on the Lloyds app...”
Meet Vanessa
“I was afraid of putting my money away for too long, so I used to talk myself out of investing. But when I finally started, I realised it’s a long game that’s worth it in the end…”
Where to start?
If you're unsure where to put your money, we have a few starting points:
Important legal information
The Lloyds Bank Direct Investments Service is operated by Halifax Share Dealing Limited. Registered Office: Trinity Road, Halifax, West Yorkshire, HX1 2RG. Registered in England and Wales no. 3195646. Halifax Share Dealing Limited is 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.