5 Financial Considerations For House Buyers

Whether you’re a first time buyer, an old hand, or a buy to let investor, buying a house is no small purchase. So you need to be sure that you’re making a wise financial decision before taking the plunge.

save_moneyResale Value

Before investing in any property, it’s a good idea to consider how ‘sellable’ it is before you even buy. Curb appeal, size, location, and proximity to good schools or public transport are all important factors for potential buyers to consider. So if you can tick all these boxes and the area remains the same, you should be on to a good financial bet. However, it’s always a good idea to check for any upcoming developments in the area. If a waste disposal site is planned for the field over the road, you’ll need to change your plans!

Cost of Buying

The cost of buying a home isn’t all about the cost of the house. Always take into account the following extra costs you will have to stump up the cash for:


Mortgage Arrangement Fees

Stamp Duty

Legal Fees

Valuation Fees


Removal Costs

Estate Agent Fees

Mortgage and Income

Lenders will assess you based on both your living costs and mortgage costs, so you need to be sure you can comfortably cover your mortgage and living costs in order to buy a home.

They will also factor in future interest rate rises, so you need to bear this in mind too. Generally, most lenders will calculate what mortgage repayments you can afford based on a quarter of your take home pay after tax. Using an online mortgage calculator is a good way to get an idea of what you can afford. Whatever you do, you should also factor in ‘what if’ scenarios. If for example, you lost your job, could your partner bear the cost until you started work again?

Mortgage in Principle

If you have no actual house in place but want an accurate idea of what you could borrow, you can arrange for a ‘Mortgage in Principal’ MIP). This tells you how much you could borrow if you find somewhere within a certain time. This can give you a head start when making offers on a property, as proof of deposit and a MIP can be a big advantage in a competitive market.

Buy to Let Finance

If you own an existing property and are considering investing in buy-to-let, then your finance options are slightly different. You will still need a deposit of at least 25%, but a remortgage deal could work out to be a cheaper option than a buy-to-let mortgage. Alternatively, you could consider a bridging loan to help with the costs of a house purchase if you have existing assets you can draw on to pay the loan off within a short period of time. Bridging loans are often more expensive than conventional loans, but the advantages include speed and flexibility. Use a broker such as First4Commercial to help you find the best deal. Click here to find out more.

Wendy Lin is an author and entrepreneur. While she lives in the UK, she travels about 4-5 months out of each year. She is also a women’s rights activist and a painter.

How To Grow Your Investment And Gain Financial Independence

Everyone wants to achieve financial independence—that is to be free from the chronic and daily woes of having not enough money. While you can earn money by going to your 8 to 5 job day in and day out, some individuals choose to play it smart and invest. The great thing about investing is that instead of making you put in the work, your money does it for you. But before you make a nosedive for investing simply because it promises the possibility of money in the future, you first need to find out exactly what it is you want to get out of it.

Flickr ImageWhat is your goal in investing?

You may have heard of miracle stories involving ordinary people suddenly making it big just because of a simple investment move. To be perfectly honest, you may not be able to quit your job months, or even years, after you start investing. Unless you decide to make investing your primary source of your bread and butter, you will have to carry on with your job and invest only on the side.

However, the best reason for you to invest your money is so that you’ll gain financial independence even during your twilight years. This means that you can live comfortably even after you retire without worrying about how you will be able to manage your finances. This may dampen your spirits a bit considering that there has been so many stories of individuals who invest with their yachts and their life in the lap of luxury, But then again, only a handful of individuals, and they often devote their entire lives to the ins and outs of the investment world, manage to land with such a fortune. The wisest goal in your case is to have your investments earn enough for you to live off during your retirement and even after you’ve joined the great majority.

What are the two investing strategies that you should be looking into?

1. Mutual Funds

A mutual fund is a type of investment vehicle wherein funds are collected from numerous investors and are managed and invested by money managers into different securities including bonds and stocks. The portfolio of the mutual fund would be structured according to the investment objectives of those who contributed to the fund. One advantage of going with mutual funds is that even though you only have a small amount of capital to invest, you can still gain access to the diversified portfolios which would otherwise be difficult for you to buy into if not for the mutual fund. Of course, it’s crucial that you pick out high-quality fund providers.

2. Buying and Holding Stocks

If you want to have a more hands-on approach to investing, then why not try Warren Buffet’s way of doing things. Stock picking may give you are a more psychological satisfaction of purchasing a stock that increases in value, but if you purchase stocks of reputable companies and then hold on to your purchase for years, you’ll have a more valuable asset on your hands in the form of your portfolio. You may add Nick Scali on twitter when he mentioned that when your stocks start gaining dividends, you’ll can reinvest that amount and see the number of your stocks grow.

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Carl Farell is a registered financial planner by profession. He also loves to write about finance and a regular contributor to investment blogs that cover wide array of personal finance topics such as mutual funds, stocks, insurances and savings.

Everyday Advice From The World’s Smartest Financial Minds

Everyday Advice From The World’s Smartest Financial Minds

Save_and_InvestThe world of investing can be scary to those who are new to investments or have had a bad prior experience. A person who invested in the Standard & Poor’s index of 500 selected stocks (S&P 500 index), a broad based measure of the market, at the end of 2006 and who exited the market at the end of March 2009 (when the stock market hit its 12-year low) would have lost over $4,500 or 44.5% of their investment. An individual who also invested at the end of 2006 but chose to stay in the market until the end of January 2014 would be up nearly 24% or $2,400. A person who invested after March 9, 2009 would have gained $11,403, or 104%, on their investment.

What all of this means is that most investors tend to make their decisions when it comes to investing based on emotions or a knee-jerked reaction to economic conditions as opposed to following a proven investment strategy. If investors followed the advice of the best financial minds they might develop a better understanding of the markets and how to improve their investment results. What advice can investors like Warren Buffet, Peter Lynch and George Soros give that can help you create or salvage your investment portfolio? Is it possible to emanate their success and experience the same investment results achieved by these individuals?

Warren Buffet

Warren Buffet, referred to as the Wizard of Omaha, is considered to be one of the greatest financial minds of all time. His company, Berkshire-Hathaway, is one of the most capitalized companies in the world: it’s valued at more than $250 billion. His company’s success makes Buffet one of the richest people in the world; he is worth nearly $60 billion. Buffet’s approach to investing is built around a philosophy of buying stocks with tremendous value and holding the purchases for the long term. In a 2013 letter to Berkshire-Hathaway shareholders, Buffet advises to, “Keep things simple and don’t swing for the fences. When promised quick profits, respond with a quick ‘no.’ ”

Peter Lynch

Along with Buffet, Peter Lynch is also considered among the top echelon of financial minds in the world. Lynch was a portfolio and money manager who in 1977 ran the highly successful Fidelity Investment’s Magellan Fund. When Lynch took over the fund it had $20 million in assets. During his 13 year leadership, the fund outperformed the 500 11 times and he grew the fund into the largest in the U.S. at more than $13 billion. He is known for his “Peter Principles,” which provide simple advice to everyday investors. One of his principles (#14) states, “If you like the store, chances are you’ll love the stock.” In simple terms, investors should focus on buying stocks from companies that they know.

George Soros

George Soros is known as a top tier hedge fund manager whose $25 billion fund not only returns value to investors but is also used to fund his Open Society Foundation which invests in humanitarian, education and social issue causes around the world. Soros survived the Nazi occupation of Budapest during World War II as a Hungarian-Jew and eventually studied at the London School of Economics before going into finance with the launch of Soros Fund Management in 1973. The best advice from Soros for everyday investors to consider, is “Unfortunately, the more complex the system, the greater the room for error.” A simple approach to investing demystifies its complexities and may result in more success than chasing some complicated system that is hard to explain.

Ryan Del-ridge is a freelance financial blogger. He can frequently be found writing about tips for investing in oil wells and the keys to making wise financial decisions.

A Simple Guide To Wealth Management

Managing your wealth can in fact be pretty difficult. So many people view the rich people of the world with distain but maintain wealth is something that is a skill in itself. There are so many ways you can go about it if you have the initial capital but very few people actually know what the most effective methods are.wealth management

In this article I will try to highlight three of the simplest methods and traits of a successful investor and wealth manager. There are also many companies out there that can provide this service for you and that again will be explained within this article.

The economy we are part of is changing consistently and at the moment is extremely fragile and I believe large scale investment is too risky but small scale investments and a solid plan can really stand you in great stead for the future and when the economy settles down some more then investment can increase further.

A Plan

It is essential that you have a plan with your money. There are too many people out there who invest without thought or care. In a world that is dominated by money you will find that people become more and more ruthless to get it and those investors who have the disposable income are at a higher risk of losing a lot of it through poor investment and taking poor advice.

There are many companies out there that have a strong track record in wealth management, Brett Lankaster is a boss of one of the city’s leading companies and he values planning for the future extremely highly.

The plan doesn’t have to be too detailed, at the end of the day, investment is something that is down to you as a person, it is your money and you can essentially do as you like with it but I firmly believe forward thinking and planning is essential.


When you have money you can re-invest to get more, that’s the way the business world works nowadays. If you have that capital, the potential to make more is vast and there are numerous ways to go about it and each of them differ in importance and value. If you have a particular interest in one area it can be a great way to engage with your investments.

There are thousands of investors out there and it is down to you as an investor to work out what direction you want to take with your assets.

Some go for short term profit investing heavily in stocks and shares and there are some people out there who go for more long term and steadily maturing things like government bonds.

Risk Taker

If you want to increase your wealth you have got to be a risk taker, you get nowhere in the investment world if you aren’t willing to go out and explore the investment world.

There are just so many options and providing you have the right attitude and knowhow a lot of enjoyment and profit can be had.

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Tom Sasse has experience in the writing industry and has completed work for some very high profile clients. He has a very particular style of writing that is quite chatty and engaging.

How Your Innocent Hobby Can Become a Sound Financial Investment.

There are very few hobbies that satisfy quite as much as collecting. Golf or football or crafts or music all have their appeal, but the collector gets the satisfaction of being able to see the fruit of their labours, watching their collection grow and grow, with each part of the collection gaining sentimental value as it becomes associated with a special time in your life. Yet at the same time, no matter how big your collection grows, there will always be something you yearn after. Your comic collection is crying out for the copy of Action Comics #1, Your stamp collection always needs that one rare misprint.

However, for some people the act of collection becomes more than simply a question of collecting for the sake of it. Once you’ve built up a deep enough knowledge of a subject and a wide enough network of contacts, you may start to realise that many of the items you’re collecting are worth quite a bit of money, and if you know how to find a bargain, this can lead to you turning a healthy profit.

Keep it Fun

The first thing to remember about attempting to turn your collection hobby into an investment is that it still has to remain a hobby first. After all, you don’t want to ruin your enjoyment of collecting antique dolls’ house furniture by getting obsessed with how much you can sell your prize Edwardian dining suite for.

Stamp collection

Stray off the Straight and Narrow

There are plenty of bargains to be found by trawling sites like eBay. Setting up a couple of regular searches can bring you all kinds of posts from people who don’t realise what they have. Likewise, trawling through sites like Gumtree can bring you some pleasant surprises (although always remember, Buyer Beware). But the internet isn’t the only place where people sell things, and by venturing outwards to car boot sales and white elephant stalls you can find all kinds of things that other buyers might miss. Plus, it’s really fun to look!

Find the Right Buyer

Once you’ve found your bargains, the next goal is to see if you can turn a profit on them. Cultivate a network of passionate collectors through blogs and social media, and alert them to any of your latest finds. Remember presentation is everything, so make sure you get some high quality photographs of your items with flattering lighting. Likewise, make sure you include plenty of information to verify the authenticity and value of the collectibles you’re trying to sell. Lots of items, including dolls’ houses, movie memorabilia and works of art, come with certificates of authenticity, so make sure all the paperwork is in order before you put your money on the table. Your buyer certainly will.

After that, the only real question is, can you bear to part with it?

After all, what’s the point in collecting such beautiful things only to have to give them away afterwards? You’ll only spend the money on more collectibles…

Sam Wright is a freelance writer who has an extensive collection of Teenage Mutant Ninja Turtles action figures, which are virtually worthless. Today he works with dolls’ house retailers Hobbies.

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Post By Sam Wright


The Best Methods of Investment for 2014

As the global financial markets prepared for another period of turbulence, it seems clear that the long-term sustainability of the economic recovery cannot be guaranteed. This is creating a set of far from ideal circumstances for investors and traders, who must surmount rising odds if they are to operate profitably and get the best possible value from their hard-earned capital.

images1With this in mind, it stands to reason that the average investor should be constantly looking to adapt and evolve their portfolio. Without this type of proactive philosophy, it is almost impossible to maximise profit and obtain the best possible returns on your individual investments. In an age where the global economy seems to fluctuate between boom and bust with alarming regularity, the ability to be flexible with regards to your investments will stand you in good stead.

3 Investment Options for 2014

With this in mind, let’s take a look at three of the most appealing investment options for 2014 and the reasons behind their rising popularity. Consider the following: –

Prepare for a Weaker Dollar in the Long-term

As anyone who has ever traded currencies can testify, investing in the forex market can hardly be described as a reliable vehicle for your capital. That said, it does deliver significant returns to knowledgeable traders, while advancements in technology have also made it far easier to identify and capitalise on real-time trends. Take the current market, for example, which is being characterised by significant fluctuation in major currencies such as the US Dollar (USD) and the Euro (EUR). Despite its recent gains, however, the US Dollar is likely to weaken as the year unfolds, meaning that alternative currencies will provide more reliable returns for investors.

Invest in your Retirement Fund as Early as Possible in 2014

With the failure to save placing a significant strain on public funding, governments’ in the Western world are moving towards the initiation of compulsory contributions for citizens. This should be necessary, however, as every working individual should look to invest in their pension plan as soon as possible in 2014. By starting now you can capitalise on tax-advantaged growth, before the deadline for this financial year passes on April 15th. This not only guarantees a viable return, but it also provides significant peace of mind for hard-working households.

Embrace the Trend for Global Investments in the Year Ahead

Increasingly, there has been a significant shift and distribution of economic influence from developed nations to those that are continuing to develop. This trend was reaffirmed recently, as the recovery of the Chinese economy encouraged experts to suggest that it will supersede the U.S. as the world’s most dominant financial power by the year 2030. This means that investors should actively look to invest in emerging markets, with low-valuation stocks and equities offering an excellent opportunity to maximise your returns. Such diversification will serve you well, and strengthen your portfolio to suit an evolving socio-economic climate.

Five Hidden High Yield Investment Options In The Modern Marketplace

Bond_InvestmentRecent economic collapses and catastrophes have left many investors reeling. Modern investment strategies must not only achieve profitability in their own right but must also help investors to recoup their losses over the past decade. By opting for some of the lesser-known high-yield options in the financial marketplace, private investors can often achieve much better than market returns on their initial investments. Here are five secrets of the top high-yield investment firms.

Municipal Bonds

These securities are even more profitable than they appear at first glance. Municipal bonds are generally exempt from federal taxes. What’s more, they may also be tax-free at the state and local levels as well. This can boost the real return on investment for muni bonds to a healthy double-digit level. Best of all, the moderate risk ratings of most of these bond issues can be used to balance high-risk investments within a diversified portfolio.

Life Settlement Pools

Once overlooked by investors as a high-risk proposition, life settlements have become big business for many investment firms. By acquiring and packaging numerous life settlement agreements into risk-diversified funds, these investment professionals can provide a much more acceptable level of risk for their clients and can ensure the most profitable return on investment for investors willing to take a calculated risk for increased yield potentials.

Junk Bonds

Don’t let the name fool you. Junk bonds can perform exceptionally well in faltering economies, especially when risk is minimized through a diversified fund. Overpaying for these bonds is currently the primary risk for investors: Savvy fund managers have been scooping up these deals for the past few years and have run up the price to a minor degree.

Canadian Real Estate

Despite major downturns in the U.S. real estate marketplace, Canadian real estate investment trusts (REITs) have remained amazingly resilient and continue to offer solid opportunities for investors interested in taking the long view for their investment portfolio. In recent years, some Canadian REITs have been posting double-digit profits for their investors. Unfortunately, this has attracted a fair amount of media attention in recent months, which may make this a less profitable investment selection for the future.

Business Development Firms

Business Development Firms, or B2B companies, deliver targeted financial services to the hard-hit small-business sector. With many banks still not lending at adequate levels, business development companies have stepped in to fill the gap with short-term collateralized loans, factoring arrangements and numerous other short- and long-term funding arrangements designed to help the business world and to rack up outstanding profits for their shareholders. Many investors have seen double-digit results from these business development enterprises in recent years, making them one of the most profitable sectors in the B2B marketplace.

By taking a chance on one or all of these investment opportunities, investors can enjoy exceptional profitability and can recoup some of their losses in the real estate and technology sectors. This can create a solid foundation for future investment and growth as the United States and global economies continue their slow but steady recovery process.

Mary Sutton- Mary is a Senior Writer for Fertile Content and a frequent guest contributor to many blogs Google+

Why is Now the Time to Invest in Property?

Are you looking for a get rich quick scheme? Then sadly property investment isn’t for you. However it may be,if you aren’t afraid of a little hard work, and are looking for a long term investment.

In the past, investing in bricks and mortar was seen as a safe investment- prices could only go up.But when the recession hit,property prices fell drastically leaving many out of pocket. As the economy recovers, why is now the time to invest in property?

save_moneyResidential property

Property prices are on the rise again according to a study by Halifax bank. House prices are rising by 6.9% annually and the total number of sales has risen to 172,000. The future looks bright for investment property buyers.

Estate agents, Savills, has gone as far as suggesting that over the next five years, property prices will rise 25%, but are we aiming for another property boom and bust?

Property buying signs are positive. Sellers are achieving high percentages of their asking prices and with the government’s new Help to Buy scheme, more first time buyers are getting in on the property market action. However, prices in Wales have dropped by 1.7% and prices have not quite reached the record highs of 2007. We’re not in for another boom. Well not for a while at least.

Help to Buy scheme

Unless you’ve been living under a rock for the past few months then you have probably heard about the governments new Help to Buy scheme. These Help to Buyequity loans give mortgage guarantees enabling successful applicants to buy a home worth up to £600,000 with only a 5% deposit. The government will guarantee 15% of the mortgage.

This property scheme aims at getting young first time buyers into the property market which they previously would not have been able to afford. If successful, an applicant will not have to pay loan fees for 5 years but on the 6th year there is a charge of 1.75% of the loan’s value and this fee will increase every year. These fees do not count towards paying back the equity loan.

To apply for a Help to Buy equity loan you must contact a Help to Buy agent in your local area and buy a property from a registered Help to Buy builder.

Commercial property

Is now the time to invest in commercial property? Well, the answer is complicated – yes and no.  This depends on the type of commercial property.

It’s no secret that high streets have been struggling recently, and, as a result, properties are cheap to pick up. This may sound like good news from an investment point of view however this downturn also means you cannot ask for high rental fees and your profits will be minimal.

Small industrial units however are doing well. These are highly sought after and create good returns so if you’re going to invest in commercial property these are a relatively safe bet right now.

Offices are not the best investment at the moment unless you are going to use them yourself. Offices come in large lots or on business parks and require a lot of cash to buy in a rather flat market. However if you are looking for business needs then there is an abundance of office space in most cities at the moment.

If you are looking to do something different with your business finance or you’re seeking new investment opportunities, then the best time to buy commercial property would have been in the credit crunch as prime locations opened up. However, as the economy recovers there are plenty of bargains still to be had.

So do you think this is the time to invest in property? We do. It’s time to get in on the action now before prices sky rocket once more.


Pure Commercial Finance makes your business irresistible to lenders by creating the perfect package to apply for finance; they are independent commercial finance brokers who pride themselves on their reputation for giving excellent service to their clients.



Your Guide To Investment Planning And Attitude To Risk

The key to investment is finding the right balance between risk and return. There is no such thing as a safe investment, despite what some financial advisers might have you believe. Risk is inherent and can be managed, but certainly not removed entirely. Investment planning is crucial in finding the right way to balance this risk and develop a portfolio that is aligned with your current circumstances and long term aspirations. Fundamental in this diversification is selecting assets that behave in different ways.

Investment ‘styles’

Some forms of investment can behave in a contrary way, so much so that they can be said to be in negative correlation with one another. For example, while property and bonds provide a stable investment with low returns, equities (stocks and shares) offer the potential for higher returns but with an increased level of risk.

By diversifying and creating a portfolio with the right blend of asset classes to reflect your approach to risk and return, it is possible to create a ‘safety net’ and ensure there is not an over reliance on a particular asset.

It is also possible to diversify in other ways, such as the size of the company you invest in, their geographic location and the sector they operate in. There are also different approaches to investment, namely growth and value investing. Growth equities are those where the value will increase over the longer term, whilst value equities represent a different type of investment as they are being offered at less than the company’s intrinsic worth. With conscientious investment planning, it is possible to reduce the overall risk rating of your investment portfolio.

A paper loss

With risk inherent in every investment, there are times when your investment will fall in value. This is known as a paper loss, as it will not represent an actual loss unless you choose to cash in on the investment at that time. If you are going to invest, the intrinsic risk involved means that at some point, you will experience a paper loss on the value of your investment. However, the less risk your investment portfolio is exposed to, the more gradual your returns, so, although you may not experience a paper loss, your returns will also be tempered.

Currency risk

If you are investing in asset classes in another country, you will be exposed to a risk over and above that a domestic investment would ordinarily face. When investing abroad, you also have to factor in the effect of the fluctuatigold_barson of currencies on your investment, as well as normal share price movements.

Another currency consideration that should be taken into account is the impact inflation will have on your investment. Inflation is the process by which the purchasing value of money falls in line with a general increase in prices. If the return on your investment is not greater than the current level of inflation, the value of your investment will actually fall. An investment in cash is one of the safest investments you can make, but only if the returns exceed the value of inflation over the longer term.

To conclude…

Past performance offers no protection against the future. The market value of investments and currencies is constantly fluctuating, which means the income you can expect as a return on your investment can fall just as easily as it can rise. Diversification is essential in managing this risk, but there is still no guarantee that you will receive more than your initial investment.

Author: Bartholomew Hawkins provides independent investment planning that reflects your tax position and is aligned with your general attitude to risk. For more information, please visit their site to learn more about investment planning or call 01291 40 80 80 today.

The Smarter Way To Invest

Maybe more than ever before it’s vital to make your money work for you, which is why it’s a perfect time to think about investments.

While returns on savings are coming under pressure from low interest rates, inflation is still making things more expensive. There is still good money to be made from smart investing – which leads onto the big question: how do you keep your investments smart?


Well the first thing you have to remember about any investment is that there is an element of risk involved. Regardless of what anyone says, there really are no sure bets so be under no illusions – when you invest your money you will be taking on a little bit of risk. You’ll have to balance this up against the rewards that are available.

Still interested? Then read on for a guide to making smarter investments.

Plan for success

The most important step you take on your road into investing is that of planning. Realising what you want from your investments is absolutely key to making smart decisions in the investment market. Take some time to evaluate some of the following questions:

  • What are your goals? What do you want from your investment? Take some time to think about the financial aspirations that you are saving towards and what your time frames are for achieving them. Be realistic though – it is important to go into any investment with your eyes open.
  • What’s your comfort zone? As we touched on a little earlier, investments carry a little risk but each carries a different level. The basic rule of thumb is the lower the risk, the lower the return so make sure you are comfortable with any investment you make. And if you decide to chase the big scores, be prepared to risk losing the money you put in.
  • What type of investment will fit in your comfort zone? This is the big question, and one which will depend very much on your own circumstances. There is a dizzying array of investment opportunities out there, from traditional share dealing to the slightly more unusual. Research the options available to you and measure them up against your goals before deciding if they are right for you.
  • Would you feel more comfortable getting some advice? It’s perfectly possible to enter the world of investments independently and the benefits of doing so are clear as you will be able to preserve your profits. However, it can be a complicated landscape and good advice can more than repay itself. If you feel like you’d benefit from a little help ensure that you go somewhere reputable for advice on your investments. This is one thing you don’t want to take a risk on.

Our top five investment tips

After you’ve asked those questions of yourself you’ll be in a much better place to start making effective investments. As you plan and then launch yourself into the investment market there are a few more useful pieces of advice which can help to maximise your returns and keep you away from potential pitfalls. Here are our top five:

  • Keep an emergency fund: If you want to be a smart investor cover yourself against the unforeseen events which can give your finances a real knock. Events such as unemployment and illness can seriously threaten your financial security so keep a selection of investments which you can tap quickly and easily.
  • Check the news: New developments in the investment market could affect your investment choices. Keep on top of them by regularly checking up on relevant news sites that cover the investment market.
  • Clear the decks: If you have any outstanding debts try to clear them before launching into an investment strategy. High interest credit cards will often charge you more than you could hope to make from your investments so work on clearing those debts before you begin investing. Otherwise any profits that you make from your investments could be quickly swallowed up.
  • Diversify your investments: The old adage “don’t put all your eggs into one basket” could have been written about investment portfolios. Keep a balanced portfolio, mixing up different shares and investments. This will give you a little more freedom to take risks as you can maintain a level of safety in other investments. And remember to periodically re-balance your portfolio to ensure you are not over-reliant on any one stock or fund.
  • Ask questions: As with almost anything where money is involved there are always rogue agents out there who are looking to scam you out of your money. The best way to combat these unscrupulous characters is to get informed. First off, familiarise yourself with some of the common types of investment fraud. Next remember to interrogate any investment opportunity you are presented with. If something sounds too good to be true then question it – more often than not it is exactly that.

Are you planning on making some investments? What are your plans?

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Cathering Halsey is a keen blogger that writes about a range of topics from technology to finance.

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