We all like to get a good return on our money, but with so many options, how do you decide which ones to choose?
There are a number of factors we recommend you consider before investing, including:
• How much risk are you willing to take- there’s a relationship between the risk you take with your money and possible return. We’ll help you understand the benefits and drawbacks of taking risk, whilst considering how you could cope with the ups and downs of investment markets.
• How long are you investing for- if you invest for longer, you can generally take more risk, meaning a higher possibility for a substantial return.
• Flexibility- your plans are likely to change over time. We’ll help you choose investments and providers that can be altered to reflect this.
• Tax Efficiency- you’ll need to think about how the investment you’re selecting is taxed, and how that will affect your current and future tax status.
If you need help with this or other aspects of your finances, give us a call on 01773 712323, or email us at email@example.com