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Making an Investment Plan for your Finances

investment planSavings and Investments are certainly something to consider for your financial security and the future. However, it is not always so simple to decide on the best investment plan that will work for you.

There are so many options out there to consider, it is important to look into the different opportunities and make an informed decision about what investment will work best for you.  In a previous article, we took a look at where you might invest your finances, such as Stocks, Shares, ISAs and Savings Accounts. Seek out some Investment advice if you are struggling with this decision.Savings and Investments are certainly something to consider for your financial security and the future. However, it is not always so simple to decide on the best investment plan that will work for you. There are so many options out there to consider, it is important to look into the different opportunities and make an informed decision about what investment will work best for you.  In a previous article, we took a look at where you might invest your finances, such as Stocks, Shares, ISAs and Savings Accounts. Seek out some Investment advice if you are struggling with this decision.


Make an Investment Plan that details 

  • what you have
  • what you want to achieve and
  • when you want to achieve it. 


This way you will have a good idea of the types of investments that you should be looking into.


Create a detailed picture

Having a good idea of where you are with your current financial situation and outlining your future goals and objectives is a good starting point. By going through a “money fact find” will enable you to outline the assets and savings that you already have, your income and outgoings and will give you a good idea of what money you have available. This will then allow you to plan accordingly in relation to what you have set out as money goals and determine your timeframes.

Outline your plan

As mentioned, with so many different investment options it is important to determine which will be the most suitable for you in terms of your investment goals, time frames, financial situation, tax position, risk appetite and how much you are prepared to lose from your original capital to achieve high returns on investment.You will also need to outline product charges you wish to pay, either one-off or ongoing fees. Set out different scenarios to help you to determine which investment will work best for you, for your different goals.
Include the following areas for each of your objectives

  • Lump Sum to invest
  • Monthly amount to invest
  • Timeframe to access money
  • Features
  • Risk Appetite
  • Products to consider


This will allow you to compare options and will give you a basis to discuss in more detail with an IFA before committing to your preferred investment type.


If you would like to discuss your options in more detail and get some investment advice,  our friendly and knowledgeable independent financial advisors are on hand to help. Contact us on 01608 651608 or via our enquiry form and we will be happy to help.

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