Investments for beginners

An investment is referred to as a purchase completed with money which has the potential to produce a profit or return.

A lot of people shy away from investing their money. This article is aimed at providing a really simple overview on the concept of investments. We’ve focused on answering a couple of the frequently asked questions on the topic. This information can be found on the following page.

Why should I invest?

• Aside from giving your favorite financial advisor some business, investing is the easiest way to ensure that your hard-earned money starts working hard for you. In most cases, investing your money can lead to you earning profits without even having to lift a finger.

• Investing also helps you save for future events such as financial difficulties, sickness and even as a means of leaving money behind for your loved ones.

When should I start investing?

• Now. Time in the market is better than trying to time the market! Once you are able to comfortably cover your living expenses, it is recommended that you begin investing a portion of the remainder.

How do I start investing?

• In the investment world, there are thousands of different routes and products to choose from. As an inexperienced individual, this can be quite intimidating. Your best bet would be to call someone who’s job is to create and manage such investments.

What should I invest in?

• Its not as easy as picking an answer out of a hat. We first need to look at your needs and expectations from the investment. It varies from person to person. As an example, a young professional would be able to tolerate a riskier and longer termed investment as apposed to an individual who is retiring and relying on this capital to sustain them for the rest of their lives. Thus, where your money is invested will be tailored to suit your precise needs.

Where can I invest my money?

• When it comes to selecting an investment manager, you need to know what to look for. Criteria such as a legitimate registered business with access to a galaxy of investment portfolios and vehicles is always a must. Your financial advisor would be able to narrow down and provide you with your best options in terms of where to invest based on your specified needs.

Why do I need professional advice? I can invest by myself.

• Quite simply, you would not gamble your health by Googling your symptoms. You would seek professional medical advice. So why would you risk it with your financial future? Consulting a specialist will greatly increase the chances of investment success.

There are plenty more aspects to consider regarding investing. However, we’re sure that our brief overview would’ve made things just a little clearer.

If you do have any further questions regarding investments or if you’d simply like me to take a look into your current investment portfolio to see if we can maximize your returns. Do not hesitate to contact us. We will be happy to help.