Investing is when you put your cash in something that you hope will grow in value, such as property or shares. Over time, the growth is generated by a process called compound interest, where the money you initially invested earns interest, which then earns even more interest – potentially leading to exponential growth over the long term.

The Investors Centre you start investing, consider your financial goals and preferences. For example, do you want to create a stream of income, or perhaps retire early? And how much do you have to spare? It’s also important to assess your risk tolerance, which is an important factor in determining what types of investments are appropriate for you.

You can take a do-it-yourself approach to investing or you can seek the advice of an investment professional. You’ll need to understand what each type of investment is, its associated risks and potential returns.

“Unbiased Review: Honest Insights into Financial Products

Finally, don’t forget to check the track record of any company or organisation you’re thinking about investing in. You’ll be much more comfortable putting your money into an investment if you can trust that the leaders are honest, well-respected and treat their investors fairly.

Depending on your objectives, how much you have to invest, and other financial priorities you’re juggling, the best way to start is by choosing an investment service that allows you to set up low-cost, automatic investments using what you have available. This can be done online or through your bank.