I am new tot he investing on trading 212 and I have done some research but I just want to make sure about 2 things. I wanted to invest in Vanguard S&P500 and I found multiple versions of the index and some of them has (Acc) and some has (Dist). Can someone explain differences between them?
Also I wanted to ask about dividends about vanguard index. Do they pay it to the account or they reinvest it? Or do they even pay dividends for vanguard on 212?
A couple of suggestions, but you need to understand your goals and from that you can then pick the best instruments to invest in.
Given you are a new long term investor, I would suggest you look at a global equity ETF with low fees. VWRP or HMWO are good ones if you are a UK investor.
If you are looking to but individual shares - then perhaps try the practice account, to see how good your stock pick selection is. You might be brilliant, lucky, average the market, or underperform an equity index.
The main piece of advice I would give you, is that in general time in market trumps all.