Totally basic question, but I'm clueless :(.
How do I buy stocks (I'm based in UK)? I want to buy shares of index funds. Vanguard in the U.K. offers following options:
- Invest directly - minimum £100k required per fund (I'd need at least 500k for a portfolio of 5 funds)
- Invest through a platform (I guess this is what I'm looking for?)
What would you recommend?
Is registering with an online brokerage a good way to do that?
Edit: Follow-up question: From what I've read online brokerage holds my shares electronically. What would happen to the shares and other securities if the company (broker) went bankrupt?