The word “Investments” can be scary to a large number of people. They feel that investments are only for the wealthy, who can afford to take risks with the large amount of money they have. However, that is not the case, investments don’t have to be scary. Having an understanding of how your money is being invested, may help to relieve some of your concerns.
Bank accounts are offering the lowest historical interest rates of all time, giving very poor returns. As there are no immediate signs of savings interest rates increasing, the real value of people’s money is being eroded by even the low inflation levels we currently have. Looking for greater growth through investments they have increased the level of risk they are willing to take with their savings.
Ensuring that you maximise the tax allowances that you are entitled to, by investing in the correct way, is crucial.
Deciding on how much risk you are prepared to take, both now and in the future will be vital. Ensuring that you are clear about what it is that you want from your investment and if you have a specific target.
Allowances are very lucrative but sometimes people use their ISA allowance, but are unaware that they have savings allowances also.
Utilising the different investment vehicles and maximising the tax benefits of different investments can be just as important as the different funds they are invested into.
The word “Investments” can be scary to a large number of people. They feel that investments are only for the wealthy, who can afford to take risks with the large amount of money they have. However, that is not the case, investments don’t have to be scary. Having an understanding of how your money is being invested, may help to relieve some of your concerns.
Bank accounts are offering the lowest historical interest rates of all time, giving very poor returns. As there are no immediate signs of savings interest rates increasing, the real value of people’s money is being eroded by even the low inflation levels we currently have. Looking for greater growth through investments they have increased the level of risk they are willing to take with their savings.
Ensuring that you maximise the tax allowances that you are entitled to, by investing in the correct way, is crucial.
Deciding on how much risk you are prepared to take, both now and in the future will be vital. Ensuring that you are clear about what it is that you want from your investment and if you have a specific target.
Allowances are very lucrative but sometimes people use their ISA allowance, but are unaware that they have savings allowances also.
Utilising the different investment vehicles and maximising the tax benefits of different investments can be just as important as the different funds they are invested into.
People are often fearful of investment as they think its like the roulette wheel, all on black. This is most certainly not the case, different risk levels can be adjusted for diferent people.
