Personal investment choices

By You and Money

When choosing an investment, you need to consider how long you want to invest the money for, and how comfortable you are with the types of investments.

There are two main categories of investments:

  • income investments that earn interest but don’t provide you with capital growth; these include term deposits and cash management trusts
  • growth investments can offer capital growth over time, as well as providing you with income; these include shares or property.

You can choose to invest your money in two ways:

  • directly, where you make all the decisions yourself, which means developing your own investment strategy and doing research to stay up to date
  • indirectly, through managed funds; this way, your money is pooled with money belonging to other investors and a funds manager makes the decisions for you.

In both cases, a professional financial planner can help to guide you.

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