Set your savings alight this Bonfire Night?

How often do you receive a bank statement for a savings account and feel deflated when you see the measly amount you have earnt in interest? You are not the only one…



The majority of people are always looking to make the money they have in the bank work harder but just don’t know how to. And that is either because:


1. they think investing is always really risky, or

2. they do not understand how to invest in line with the risk they are willing to take


Number 1 - Many people do not invest some of their cashbecause they are not prepared to put their savings at risk by investing in the stock market.  But there are a range of funds that can be selected for investments that would suit most risk profiles it is just a case of finding one that is suitable for you and one that you feel comfortable with.


Number 2, how to invest in line with the risk you are willing to take. Firstly, you must know the time frame in which you would like to invest or what goal this money is for. This will play a key part in assessing how much risk you are willing to take. If it is a short term investment it is likely you will want to take less risk, however, for your pension you may wish to take more risk as there is longer for the funds to recover in the event of the financial markets falling. Once you know the time frames, it is a case of picking the actual investment. The easiest way to do this, especially if you have not invested money, before is to seek financial advice. A good financial adviser or planner will help you find you a suitable investment for your risk level and show you the potential of how much your money could grow. They will also explain the risks involved and show you what your situation would look like if the markets went down instead of up.


At True, we have helped may clients increase the potential returns of their savings in recent months by guiding them through every step of the investment process. If you think we could help you, please contact Lottie on 01423 297077.


THE VALUE OF INVESTMENTS AND THE INCOME FROM THEM MAY GO DOWN. YOU MAY NOT GET BACK THE ORIGINAL AMOUNT INVESTED.

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