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Investment Guide With interest rates at an all-time low, more people are now considering investing when they are looking at their long-term financial security. Unlike saving, you can’t be sure of the return you will get, so it’s important to learn the basics and get good financial advice to work out what’s right for you. What is investing? When you invest you buy into something that you believe will increase in value over time. There are many different ways you can invest and investments have the potential to generate better returns than a standard savings account, but you can also get back less than you put in. Investing is normally a longer term plan and you should expect to set aside that amount for up to 5 years. What do you want from an investment? There are lots of opportunities and ways you can invest, you identify your goals to decide if you are looking for an investment growth over a period of time or to generate an income and discuss the options with your financial adviser. You may wish to spread your risk and hold a balance of investments or stocks to mitigate your risk. Is investing right for you? Before investing, ideally you should have an emergency savings fund that is separate, this would allow you to cover unexpected costs without having to dip into any investments. Discuss with your financial adviser the types of investments you would like to make, especially for those who prefer green or ethical options and your risk aversion. Tips 1. Investing can be a long-term option, often 5 years or more. 2. Be realistic about how much you can afford to invest. 3. Know your time frame to get a clear idea of whether your goals are realistic. 4. The higher the risk can lead to potentially higher rewards but also possibly losses too, so under- standing your aversion to risk is fundamental. 5. Diversification can mitigate potential losses of one investment performing poorly. 6. Plan ahead so that you money will have time to grow. 7. Seek unbiased financial advice, investing without consulting a professional requires a considerable amount of time and knowledge. Getting professional financial advice on investments will ensure your investments are tailored to your needs and goals. Call 01623 232526 www.hallwardifa.co.uk