Can I Afford to Invest?

Many potential investors have been put off doing so because they think it only involves setting aside large sums of money.

However, this is not the case. Small investments can provide substantial returns – you don’t have to break the bank to make it worthwhile. If you’re looking to invest for the first time, how can you do this while still making it affordable?

Think smaller

If you’re looking to invest but think it may not be affordable, it may be a good idea to think about investing smaller amounts. This is particularly useful if you’re looking to invest for a longer-term period.

Smaller investments are still worth it – as it can beat simply saving your money. Small, regular investments are affordable and there is the possibility that the sum invested can grow a great deal.

However, such returns are not guaranteed and it’s important to speak to a financial adviser beforehand in order to match your attitude to risk to your investments.

Time is of the essence

A small, regular investment active over a longer-term period can reap substantial rewards. Tying up your money for over five years may seem difficult, but it is worth it to receive a worthwhile return. If you’re ok with a long-term strategy, investing smaller amounts is worth it when it comes to growing your savings and preparing for the future.

Talk to us

Investing doesn’t have to be as daunting as it may sound. If you’re looking for financial advice, talk to our team. We’re experienced financial advisers with years of expertise under our belt – so you can be sure you’re in safe hands. Please call on 01926 492406 or email us at enquiries@klofinancialservices.com to make an appointment.