This article offers general information about investing and the stock market, but should not be construed as personal investment advice. It has been provided without consideration of your personal circumstances or objectives. It should not be interpreted as an inducement, invitation or recommendation relating to any of the products listed or referred to. Your capital is at risk. The value of investments can fall as well as rise, and you may get back less than you invested. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please get financial advice. The author holds no positions in any share mentioned. Bitcoin is highly volatile and not regulated – there’s no consumer protection.
Investment tracker: Which popular investment method is winning so far in 2024?
The rise of cheap investing apps has opened up a world of possibilities for people who are looking for different ways to save their money. Traditionally, the most popular method of saving for Brits has been to keep their money in a savings account, but increasing numbers are looking to the higher risk and potentially higher reward options of stocks, funds and trackers and often use stock trading apps to do so.
But what could be the best investment in 2024? For the fourth year running, we decided to start the year with £1,000* placed in some of the most popular investments from last year and the best savings account available on our site. Follow the live tracker below to see what method is currently winning and to learn more about each option. As always with investing, it’s worth remembering that past performance doesn’t guarantee future success, and unexpected factors can affect share prices.
Find out more about each investment method
Methodology
For the fund, we selected the most popular choice according to Bestinvest and MoneyWeek which was Fundsmith Equity. For the savings account, we picked the most competitive 1 year fixed rate savings account available on our site as of Jan 2024.All data is taken from the markets at the close of markets on a Friday.
*The £1,000 hasn’t actually been saved or invested in these methods, it is just being used as a way to illustrate the performance of each method.
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