Savings and Investments
Let us help you through the maze of Savings and Investment products.
There are thousands of products available from Individual Saving Accounts (ISA) to Friendly Society Savings plans, and from Investment bonds to Unit Trusts.
Whether you are looking for income or capital growth, savings for a specific purpose or just a rainy day, we can help you find the product best suited to your needs.
As Independent Financial Advisers we have access to the whole market place.
What type of Investor are you?
The first step towards an effective investment strategy is deciding exactly what you are investing for. Your investment objectives are likely to change throughout your lifetime, a younger couple may have very different investment needs compared to a couple about to take retirement.
Before you make any investment decisions, you need to identify your key investment objectives.
- Income to provide a potentially high income on a regular basis
- Growth to provide a good level of growth for your investment
- Income and growth a combination approach to give some investment growth and an income
- Ethical investment managed to strict ethical and environmental mandates
About your investments
- Do you understand what asset classes you have invested in?
- Are your cash assets working as hard as they could be for you?
- Have your needs changed since you made your current investment and savings plans?
- Have you planned for the costs of education for your children or for residential care should you require it?
Investment Options
When it comes to investing, there are a variety of different asset classes to choose from including:
- Cash deposits
- Fixed interest securities (e.g. gilts)
- Equities
- Property
Choosing the investment is only the beginning. Now you have to choose what vehicle to use
A number of options are open to you, from bank or building society savings accounts (where the investment and interest earned is guaranteed but interest rates can limit potential growth), tax efficient Individual Savings Accounts (ISAs) which include cash and stocks and shares versions through to investments such as Unit Trusts, Open-Ended Investment Companies (OEICs), managed funds and investment bonds.
Effective investment is all about the right mix of asset classes. Having too many 'eggs in one basket' can be risky , but selecting the right investment balance is not an easy process.
To discuss all your investment options please contact us.