The Easiest Way to Make Investing Work for You

This entirely depends on how long you wish to invest. For short-term investing, you can generally expect the prevailing deposit rates that are available. If you invest on a short-term basis, which would be approximately 12 to 24 months, then maybe 1 to 2% would be your upper limit. For medium-term investments of 3 to 7 years, you should aim for around 3 to 4%. For long-term investments, lasting 7 years or more, you can expect about 6 to 7%. All of this would be subject to your tolerance and capacity for risk and volatility.

Ask yourself, what is the money for? Are you investing to beat inflation, or are you investing for a specific purpose? The purpose of the investment is crucial. Depending on the time horizon of the investment and your eventual use for the money, this will dictate the amount required.

Investing is not complicated. You can invest regularly each month through direct debit, or you can invest a lump sum. You can also do both within a single investment product. However, selecting an option can be challenging and largely depends on when you may need the money in the future. If you require access to your funds regularly, you should invest in an accessible account, but does that truly qualify as investing? It might be wise to ensure you have an emergency fund and a steady source of income available before choosing an investment option. Then, depending on your investment goals, we can assist you in selecting the right place for your investment.