Savings and Investments
“Compound interest is the eighth wonder of the world. He who understands it, earns it... he who doesn't... pays it.” Albert Einstein
Most people will have some form of savings in place. Savings can be for a specific purpose, like paying for your children’s education or paying off your mortgage early. You may just want to build up a “rainy day fund” that can help you deal with unexpected costs or finance some home improvements, Or you may already have a lump sum that you want to put aside for the future from an inheritance or sale of an asset.
Currently, deposit rates aren’t as attractive as they once were, but there are options available to you that can get your money working hard for you. It might be time to look into a longer-term plan for your savings. Longer-term saving typically involves some element of risk. While the majority of investment products involve an element of risk, over the long term they may give you a better return than a simple savings account. With any investment product, you need to thoroughly consider the level of risk involved. Bear in mind that investing in a high-risk product could result in you losing some or all of your money.
We provide a rigorous investment advice process tailored to your needs.