Six easy steps for investors to side-step charges and save money
06 Feb 2012
Investing is proving increasingly popular especially as no-one can earn much on their savings with interest rates so low.
Choosing the right investment can be difficult. And you need to be careful about the risks you’re taking especially if you’re saving for an important situation like school or university fees.
We have simple, helpful guides to walk you through a range of investment choices so that you can avoid unpleasant surprises. The best place to start is with a tax-efficient Isa.
This year you can put a maximum of £10,680 into a stocks and shares Isa or split it by putting up to half (£5,340) into a cash Isa.
We also explain how the risk pyramid works – the higher you go, the more risk you take.
It starts with ultra-safe savings accounts and National Savings & Investments, goes through corporate bonds and funds to more adventurous investments in company shares on the stock market and hedge funds.
There are literally thousands of options available to you. A specialised, qualified adviser can help you come to a decision. You can contact an advisor for free investment advice by filling out the form below.
We Know Money provides independent, unbiased stories and information. They are researched and written by journalists with many years' experience of working for national media covering all aspects of personal finance.
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They bring their wealth of experience and knowledge to the We Know Money portfolio of personal finance websites to help you make the right choices for your money.
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