Savings and investments

If you’ve surplus money it makes sense to invest it. With interest rates being so low at present*, the return you’ll get from a bank account is only marginally above what you’d get if you left it under the mattress.

Investment is always a good option but, as it’s generally a medium to long-term speculative venture and because of the risks associated with money and time, you really do need to know what you’re doing. Researching the market and understanding how it works can be time-consuming and rushing into it will only increase the risk. There are lot of investment options available, but which is best for you?

The excitement at the thought of a high return can quickly turn to disappointment when you realise that you’ll have to wait 20 years to see it or pay a hefty penalty to liquidate the investment. So you may want to make sure you’ve got some flexibility in the term, just in case you suddenly need the capital back, and it’s also wise to spread your bets.

If you go straight to an investment house they’ll tell you all about their products. They’ll probably be as good as they say they are but that doesn’t mean they’re better than another company’s, they may be worse.

One Financial Solutions is truly independent. We’ll talk to you about what you want, explain the risks and then together we’ll select the right investment portfolio; one that meets your objectives. We may not use an investment house you’ve heard of and, as we’ve got some inventive people on the team who think outside the box, it may not be traditional bonds, stocks or shares.

For further advice or more information, please call one of the team.
 

^* August 2014