Skip to main content
Call us today: 0345 450 4660
BLOG ARTICLE

5 ways to invest your money

Image of someone walking their fingers up some piles of coins that progressively get taller
05 Jun

Due to inflation, leaving your money in a low-interest bank account makes your money less valuable over time. Although the amount of money you have saved doesn’t decrease, your money won’t as stretch as far as it did a year or two ago.

And that’s why finding ways to invest your money is beneficial. By choosing the right investments, you can outperform the typical rate of inflation and ensure your hard-earned money continues to grow.

What is the best method to invest my money?

The best investment methods depend on personal circumstances, including how much money you are prepared to invest, how much risk you’re willing to take and how accessible you want your money to be. What might be the optimum investment strategy for one person may not be for another.

Nevertheless, we can still take a look at some of the most fruitful investment options. Read on to uncover some of the best ways to invest your money.

5 ways to invest this year

   1. Fixed interest securities 

Fixed-interest securities refer to savings accounts that provide a fixed rate of interest for their full term. The most common example is a fixed-term bond, which will usually pay more interest than a generic savings account. Just be aware that you won’t be able to access your money for the full term unless you pay a penalty.

   2. Buy-to-Let properties 

Rental markets continue to become more valuable in the UK and overseas. Buying a property at home or abroad and then renting it out could provide you with a monthly income and an asset that could continue to increase in value.

If you decide to go down this investment route, you might need to consider a BTL mortgage and BTL insurance policies.

   3. Stocks and shares investments 

Stocks and shares are now an accessible investment option to the masses. You no longer need a personal stockbroker to get involved. However, it’s still recommended to get investment advice before getting started. Moneysprite advisers can answer your stock market questions and help you get started.

   4. Private pensions

A low-risk investment option could be a private pension. There are many different types of private pension options to consider, and the best one for you will depend on personal circumstances and your retirement plan.

   5. Invest in art and antiques

A more left-field investment method is to invest in art, antiques, wine and collectables. There are lots of items and treasures that become more valuable over time. By acquiring them and taking care of them you could sell them for much more in later life. Nowadays, you can even invest in art digitally through the development of Non-Fungible Tokens (NFTs).

Investment advice from Moneysprite

We welcome individuals and couples to enquire about our investment advice services. We can discuss a wide range of investment opportunities based on your personal situation and preferences. Contact one of our advisers at your earliest convenience.

From Our Blog

Stay up to date with us

Graphic of a line drawn man standing in between some tall blocks, stopping them from knocking some others down
Can you have more than one life insurance policy?

Below you will uncover how many life insurance policies you can have and why you may want more than one.

Read More >
Graphic showing several clocks being climbed by stick figures with the words “Time to improve your credit”
Improving your credit score with these 5 simple steps

Creditors and companies can add defaults to your credit file when you miss payments, which reduces your overall score. On the other hand, paying bills and debts on time can maintain and improve your credit score.

Read More >
Image of someone walking their fingers up some piles of coins that progressively get taller
5 ways to invest your money

Finding ways to invest your money is beneficial. By choosing the right investments, you can outperform the typical rate of inflation and ensure your hard-earned money continues to grow.

Read More >
Image of a couple sitting looking at a tablet together
Single or joint life insurance policy – what is best?

Joint life insurance policies do exist. If you and your partner are both considering taking out life insurance, you may want to look at joint life insurance as well as separate policies.

Read More >

Make an Appointment

Send a request and we’ll schedule a meeting