Here at MadeSimple, we don’t believe in a one-size-fits-all approach. When it comes to saving, we know everyone has different goals and different capacities to save. Regular saving is a great way to build up money over time to meet your financial goals. If you have already built up a lump sum, then investing could be a good option for you. With interest rates still at record lows, you may stand to earn a greater return by investing in a fund rather than a cash deposit account. We have access to a range of different funds, each with different options and risk levels, so that you feel totally comfortable with the investment you’ve made. We also offer Environmental Social and Governance funds  that are put together with responsible investing principles in mind. These funds allow your money to do good in the world, as well as having the opportunity to grow.

There are a number of things to think about before you invest.

What are your goals?

Making the decision to invest will be influenced by the kind of financial objectives you have. Do you want to save over a short period of time, or over a longer term? For short term goals, like putting aside money for a holiday, a bank deposit account may be your best option. For long term goals, like education costs, then investing could be a good option. Investing in a fund can give you the opportunity to earn an inflation beating return over the medium to long term.

What’s your attitude to risk?

When it comes to investing, it’s important to be aware that there is a level of risk involved. Usually, the greater the potential return you want from your savings and investments, the greater the risk you must take. It is also important to remember that risk decreases significantly if you are willing to leave your investment untouched for a longer period. We offer a variety of different options depending on the level of risk you are comfortable with.

Will you need to access your money within 5 years?

If you are investing, you should aim to leave your money alone for at least five years. Are you happy to invest your money for more than 5 years or do you think you might need it sooner? If you think you might need it within 5 years, you might want to consider savings accounts instead of investments.

However, if you can leave your money untouched for 5 years, we have a range of options available that will more than likely beat the return of a savings account in the longer term. Investing for the long term can be a very effective way to save for expenses such as building a child’s education fund or saving for retirement.

What type of Investor are you?

Are you a regular saver who wants to save a certain amount each month, or are you a lump sum investor who has a lump sum of cash that they want to invest?

As you can see there are a lot of things to consider before you decide to invest. It can be a quite complicated process. That’s why here at MadeSimple, we advise you on the most suitable investment structures based on your needs. We know that as life goes on your goals will change and your investment plan will have to change too. We will be here to help adapt and review your plan, so it suits your needs.

You – Complete a short online application form

We – Generate your personal report that outlines your current benefits.

Together – We schedule a review online (we use Zoom, or a platform you may suggest) or over the phone to discuss what options are available to you.

After we complete the review, many employees are delighted to have their options regarding pension planning, salary protection, life protection, savings and investments explained to them so clearly. Not only that, but we can also set up policies for you all online in a very fast and efficient manner. 

Get your complimentary, personalised review today! You have nothing to lose!