INTRODUCING INVESTMENT

INTRODUCTION

Getting your financial affairs in good shape, with funds available to meet unforeseen costs, to pay education fees, to reduce your mortgage or to support you in retirement, can increase your sense of security and freedom.

There are, of course, times in our lives when saving money will be difficult (for example, when studying or bringing up children), but it is important to look ahead.

Saving little by little out of your income or investing lump sums when you can, all helps. Holding savings for a long time means they can grow in value as well.

This is where an understanding of investment is useful and why reading this online factsheet should be worthwhile.

WHAT IF...

I went through life without saving or investing any
money?

You might not have the comfortable retirement you wish for. People are living longer and can expect to rely less on the state for an income in retirement, which means you need to think ahead.

It is surprising how much you need to save during your working life to keep you going for, say, 25 years of retirement. The earlier you can start to save, the better off you will be.

THIS GUIDE AIMS TO:

Help you to think about your financial position and decide whether investing is for you.
Help you to determine what level of risk you are prepared to take with your money.
Examine the main types of investment, their risks and rewards and the factors that influence the way they behave.
Help you to decide what mix of investments may suit your objectives.
Explain how you can reduce risk by using investment funds to meet your needs.
Outline the types of funds available.
Explain how to invest and then keep track of your investment.

Please note that this is a general guide to help you to think about your investment needs. It is not designed to provide specific advice. If you are unsure of your financial position or about which type of investment is right for you, you should talk to a qualified financial adviser for assistance.

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