Investments & Savings for Vets

Many of us aspire to financial security, although with the absence of any form of planning many wonder why they fail to achieve this objective. Making the most of your hard earned money can be fundamental to achieving some of your more long-term objectives and we can help you to do this.

Investments

The initial question you should ask yourself with any form of investment is what you are trying to achieve and when and how much risk are you willing to take? By clearly defining this it becomes much easier to select the products that will best help you achieve your goals. Secondly, it is important to review performance on a regular basis both in line with your initial objectives and any changes that may have taken place in your life.

Products

There are many forms of investment products available to you such as Bonds, Unit Trusts, Investment Trusts and Individual Savings Accounts (ISAs) to name but a few. The products you ultimately choose are influenced by your attitude to risk (how much risk you are prepared to take), tax issues, fees and again your objectives.

Diversification – putting your money in a range of different investments can help spread the risk and reduce the loss, so that in the event that one market suffers it doesn’t jeopardise everything that you have built.

Investment Platforms – also known as wraps or fund supermarkets are online services designed to help the management of your portfolio easier. They enable you to place selected funds of different fund providers into one portfolio. Platforms aren’t right for everyone, but if you would like online access to keep track of your investments and view information in one report, this could be an option for you.

Charges for investments and platforms vary depending upon the total amount of investment involved. Full details of charges will be discussed with you before you commit to any investment and examples can be found in our About Our Services and Costs document by clicking here.

Savings

The ability to save effectively is not always easy to do. However, regular savings can have a significant impact on your financial situation so it is important to consider your objectives and how you will best achieve the desired result.

Whether you are saving for things like a holiday, furniture or a special family occasion you need to consider how much you can afford to save and for how long and if you need access to your money quickly.

Products

There are a number of options available to you, such as bank and building society accounts, Individual Savings Accounts (ISAs), National Savings and Investments, Pensions or Premium Bonds to name but a few. However, depending on your objectives and timescales you may need to carefully consider what will best suit your needs, which is where an Independent Financial Adviser can help.

If you would like to discuss your requirements with one of our Independent Financial Advisers then simply click on More Information above and complete the brief form and we will contact you. Alternatively you can call us on 01823 250750.