Saving money to invest in a long-term goal is a rewarding experience. There are plenty of different investments to choose from and each has the possibility of a return that may beat inflation. It is crucial to consider the different kinds of investments and how they will fit within your overall financial objectives.

Funds and investment

A fund is an investment which pools your money as well as the money of other investors and invests it into diverse assets. This spreads the risk as you don’t rely on the performance of just one asset type. For example, a UK equity fund is made up of shares from various market risk management and risk calculations British companies.

There are also funds with a variety of kinds of assets, or certain sectors that are more specific. There’s a fund to suit all investors, regardless of the level of their expertise or investment timeframe or level of risk tolerance.

Bond funds are one of the most popular investments. They are made up of IOUs, or debt, generally from governments or corporations. They can be less volatile than stocks. They are impacted by changes in interest rates as well as the credit rating.