Investing
Investing
If you’re comfortable with an element of risk when it comes to your savings, investing may be the way to go. Unlike with a traditional savings account or ISA, you generally don’t receive a guaranteed rate of return when you invest your money. Instead, your savings can go up and down in value depending on the performance of the assets you’re investing in.
The upside of this risk is that when investing goes well, you can earn significantly more than with a regular savings account. Many savers therefore choose to invest a portion of their money depending on their risk appetite, and keep the rest in a normal savings account. Check out our guide on why investing could be the way to beat inflation.
No matter what you’re working with, we’ve a wide range of guides to help you get started with investing. See our guides for investing £1,000, £10,000 and £50,000, plus tips for investing with little money.
If you’re new to investing, a host of options will do the work for you in exchange for small fees. You can also choose a risk level that you’re comfortable with. Our guides can help you choose an investment fund, or teach you how to buy shares if you’d prefer to go down the DIY route. Plus, find out how a stocks and shares ISA lets you invest tax-free.
With greater risk comes the possibility of greater reward as well as larger losses. Some investors have turned to cryptocurrency in the wake of Bitcoin’s meteoric rise – we’ve a range of guides explaining what crypto is and how to get started. However, it’s worth noting that cryptocurrency is an incredibly volatile and risky asset to hold, frequently plummeting in value.