Investing is putting your money to work in the expectation of it growing over time. The return comes either in the form of income, price appreciation or both. The amount of income or price appreciation you get will depend on the amount of risk you take and how long you hold the investment for. Go here theinvestorscentre.co.uk
There’s a broad range of assets you can invest in, including real estate and financial (eg shares or bonds). There are also funds that buy a collection of different assets from around the world and provide diversification.
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To make your investments grow over time, you can do a ‘do-it-yourself’ approach or engage a professional fund manager. When deciding which to choose, it’s important to consider the fees, taxation, risk and returns. You can also find out more about the particular asset you are considering by reading its PDS.
Ultimately, the amount you should invest varies depending on your budget and other financial priorities. You should only invest money that you could afford to lose. It’s also a good idea to review your investment goals regularly and make changes as necessary.
You can choose to save regularly (eg each month immediately after pay day) or to invest a lump sum at one point. Saving regularly can help smooth out market returns if you are investing in shares. That’s because you will be buying more shares when prices dip and less shares when they rise, effectively spreading your risk.…