Investing can appear to be both a complex and daunting task to someone who has never had to make a decision about how and where to invest their hard-earned money so that it grows at least in line with inflation.
With thousands of different options to choose from, it can be difficult to figure out what’s right for you. However, relevant information and advice will help you make an informed decision.
So, whether you are a new or experienced investor, these fundamentals should be borne in mind:
Just one more thing; set reasonable expectations – whether you’re risk averse or a risk loving daredevil, your attitude to risk will determine what are reasonable expectations for you.
If you are risk averse then you will be comfortable with low-risk investments that are more likely to return the money you have invested and have less potential for growth.
If you are a risk loving daredevil then you will be comfortable with high-risk investments where you may lose some or all of your money but may also have potential for extraordinary growth over the long term.
These are the extremes; most investors fall somewhere in between. Remember, one person’s reasonable expectations are another’s nightmare and it’s always best to avoid nightmares.
While we do not have a crystal ball that allows us to look at the future performance of any investment, we do have 70 years combined experience advising people about investing their money.
We can provide you with the relevant information you need, help you get comfortable with investing, help you measure your true attitude to risk and provide you with advice that will allow you to make an informed decision about how you will invest your money for the future.
The firm does not currently take specific account of the adverse impacts of sustainability in the investment advice process. This is because the required processes and procedures are currently being developed. The firm may consider the adverse impacts of sustainability when acting as an investment advisor to our customers at a future date when the detailed requirements relating to adverse impact become final. The firm will update our processes and provide further information in February 2023.
Putting a little aside for a rainy day or building up a little nest egg: there are many ways to save for these and life’s milestone events – new car, first home, wedding or perhaps education. Depending on how you wish to save, there are many different savings options available to you.
So, whether you plan to save regularly or have a lump sum, we can help you choose an option that best suits you.