Investing can be a high risk activity, but the right investments could earn you greater returns than any savings account.
Investing can put your capital at risk. You may get back less than you originally invested.
It is important to consider where you invest and what you invest in, to maximise your chances of making a profit.
Here is how money.co.uk can help you make the decisions that could help you grow your investments.
1. Find an investment
There are so many different types of investment that working out which fits best with your financial objectives is the first, and possibly the most important step.
Our comparison tables shows a range of investments for you to consider. They can provide you with an indication of price, and could help you decide what you want to invest in.
2. Make your decision
Once you have investigated your options it is time to decide whether you want to invest, and how much risk you are happy with.
You will also need to decide how you want to manage your investments. Do you want to be hands-on and take an active role, or would you like to leave the decisions to an expert?
How much and how often you want to invest is also worth considering, as it will determine the options available to you. This decision will largely come down to whether you want to deposit a lump sum, or drip feed funds into your investment account.
You will need to consider whether you will want income from your investment, or would prefer to reinvest any profits you receive.
3. Compare your options
After deciding how you want to invest, it is time to compare your options.
You can use our investment comparison tables to view essential information on the fees, charges, performance and functionality of investment opportunities and accounts side by side.
Use our comparison table to find and compare the finer details of the investments that fit your circumstances and your investment needs.
4. Choose an account
Once you have researched your options it is simply a case of choosing the investment opportunity that is right for you.
You can apply direct from our investment comparison tables – you will simply need to set up an account and you can get started.
Remember to double check that you are happy with the charges that apply, comfortable with the way your investment will be managed and confident that you have made the right choice for your circumstances.
If you have any doubts then you should always speak to an independent financial adviser who will be able to help you further before you make any financial commitment.