Investing means taking your hard-earned cash and putting it to work, aiming to achieve either income or growth in value (or a combination of both). The aim is also to mitigate the effects of inflation. Investors receive regular payments from their investments in the form of ‘dividends’ from shares and ‘coupons’ from bonds. The income can be paid out directly to investors or used to purchase more assets. URL https://www.theinvestorscentre.co.uk/

Whether you’re investing for retirement or saving for college, the sooner you start, the more your money will grow. But before you get started, you need to know what you want and how much risk you’re willing to take. You’ll need to understand the basic terms and concepts, including how ‘diversification’ can help you manage risk. You’ll also need to assess how much time you have before you need the funds (your investment horizon), as long-term investments can yield higher returns than insured savings products, such as CDs and bank certificates.

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Then, you’ll need to decide whether you’ll be a Do-It-Yourself investor or want to have your money managed by someone else. Most investors who buy and sell on their own have accounts at discount brokerages, which offer low commissions on trades. Many of these same investors use online or smartphone apps to monitor and manage their investments, which can save you even more money on fees. However, you should always keep in mind that if you’re new to investing, the financial world can be confusing.