There is almost always something else that you can pay for in life. From bills to luxuries and gifts to everyday needs, the need to spend never seems. This is one of the reasons why some people who plan to start buying shares never advise.

This is understandable. Everyone has their own priorities – and money can only be extended so far.

But this may also mean that some people will miss potentially lucrative capabilities of the stock market. Having shares, if it goes well, can mean not only an augment in the value of the investment, but also receiving dividends along the way in the form of dividends.

This does not necessarily require a lot of money to start. Here’s how someone without a stock market experience can start investing this week if you can save 80 pounds a month.

Taking a long -term approach

With 80 pounds a month, you can think, is it worth bothering at all?

This may seem in a compact period. But investing in a long -term way of thinking can be transformative.

This 80 pounds per month are 960 GBP per year. Imagine that someone begins to buy shares, using them each month and combines them at 10% a year.

After 10 years, their portfolio can be worth over 16,000 pounds. After 20 years, it may augment to over 57,000 pounds. Three decades the value can be north of 165,000 pounds.

All for 80 pounds a month!

Striving for forceful phrases

Now a 10% complicated annual growth rate may not seem too much.

In practice, it can be hard – but possible.

After all, it is a long -term average, factoring in bad years, as well as good. It includes dividends (never guaranteed) and augment in stock prices – but share prices may fall, as well as grow.

Still, I think it’s possible.

Growth and income potential

As an example, one share I have Greggs (LSE: GRG).

A decrease of 47% during the year The price of Greggs shares is not what people dream about when they start buying shares.

On the other hand, this means that participation is now selling for 12 times earnings. I see it as a potentially good value.

This year, the company warned about weaker earnings and I see the risk, including the impact of higher employment costs on profit margins.

But thanks to a forceful brand, convincing values for consumers and thousands of stores, I think Greggs has long -term growth potential.

This may be good news for the damaged share price. In addition, the share currently offers 4.2% of dividend profitability.

Preparation for investing

As Greggs shows, any company can give demanding times. That is why the portfolio diversification is sensible. This can be done up to 80 pounds a month.

Before someone makes a move to start buying shares, it also pays to deal with key concepts, such as valuation and how to be a good investor.

This 80 GBP per month must also find a house from which it can be placed on the stock exchange, for example, an account lecturing shares, ISA shares and shares or application for action.