Expert gives tips on how to buy shares
Those wondering how to buy shares such as corporate bonds have been given a helping hand by a leading financial website.
A blogger at Fool.co.uk has given advice to over-50s on how to buy shares, particularly bonds and gilts.Malcolm Wheatley said that investors who reach the age of 50 should have at least half of their portfolio made up of bonds and gilts as a "rule of thumb".
Those wondering how to buy shares such as corporate bonds will go to their normal broker and arrange for the dividends to go into an existing equity Isa to ensure that all returns and interest are tax-free, according to Mr Wheatley.
Investors into corporate bonds also do not pay stamp duty, but there is a £10 flat commission charge.
The blogger said that Mark Dampier of Hargreaves Lansdown recommends the M&G Strategic Corporate Bond Fund and the Artemis Strategic Bond Fund: "Both are aggressively managed, and are offering yields of around 6-7 per cent at the moment."
Financial services firm Axa recently announced a new corporate bond investment fund which provides returns from sterling-dominated economies in the UK and abroad.
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