Investing for the future

Deciding what to do with your hard-earned money is difficult at the best of times, especially when the economy is struggling and unpredictable as it is at the moment.

When you invest for the longer term, planning what to do with it is even more important as you will want to ensure the money you have put away will grow over the years and deliver the best returns for you when you eventually need it.

Risk and reward

Before you start investing, you should be clear about how much risk you are prepared to take with your money. With higher risk there is the potential for greater reward, but it may also mean you get back less than you put in.

There are various options available to grow your money – with varying levels of risk – and you should talk to a financial adviser to ensure you make a decision you are comfortable with.