Any age group can benefit from setting aside cash intended for continued growth. Young adults have the advantage of time and can potentially reap greater potential long-term rewards.
Others may start later in life when they have more disposable income. The bottom line is this: it’s never too early, or too late. The most appropriate type of investment to plough your savings into is likely to vary depending on your age and your goals.
Many people are keen to invest but lack the know-how or experience.
If you wish to invest part of your income, we’ll help you come up with a strategy appropriate to your lifestyle. Defensive Investments include a range of cash and fixed products. By their nature, they are lower risk.
They often make good choices in these instances:
Growth Investments carry greater risk however, they tend to offer a higher potential return compared to Defensive Investments. Key markets include property, shares, private equity and commodities. We’ve found Growth Investments typically suit those wanting to meet longer-term goals of at least 5 years.