The old saying goes” the best time to invest was yesterday, the second-best time is today”.need time and not just money is a big factor in how your investment grows, investing early and frequently is advised. However, we discourage users from investing money that they may need immediately (in the next 60 days) as this may not give the investment a chance to yield expected profits

Investing and saving are both important aspects of financial health, and one can’t invest what they do not have. We believe that a financially healthy person should have at least 30 to 60 days of expenses saved in their regular account; however, in today’s economy where savings accounts deduct more fees than the interest they pay if any we do see many people opting to save through investment products that are liquid and easy to cash out on short notice.

Investment risk is the chance that an investment may not go as expected. Investments that are seen as having higher risk or higher chances of not delivering expectations offer investors a higher promise of profit to compensate them for taking a higher risk. This is where the phrase high-risk high reward comes from. As much as we and our partners may classify certain investments as low risk, there is no such thing as a 100% risk-free place to put your money. Even keeping it in your house is subject to risks like fire and theft! There are ways to mitigate risks and loss and many of the professionally managed investments on offer have their own strategies to do so.

A bond is a debt security. It is a form of borrowing. When you buy bonds, you are lending money to the issuer of the bond for a fixed time at a set interest rate. Governments and companies issue bonds to raise funds (borrow money) to carry out their business. The greatest risk with bonds is the default when the issuer fails to pay back the loan, as governments rarely default since they control the money supply. Government bonds are often considered a very safe investment.

Stocks and shares represent ownership in a given company. When investing in stocks and shares profit or income is generated when the company pays dividends to its shareholders, or if the stock goes up in value and is sold at a higher price than it was purchased.

A unit trust is a form of collective investment scheme constituted under a trust deed. A unit trust pools investors’ money into a single fund, which is managed by a fund manager. It is broken down into equal units which represent an ownership share of the fund and are priced bases on the net asset value of the fund.

Collective Investment Schemes (CIS) are more frequently known as ‘investment funds’, ‘mutual funds’ or simply ‘funds’. They invest in assets, such as bonds, equities or cash. The collective assets owned by the fund are called a portfolio, and they are managed by a professional fund manager A CIS is a way of investing money alongside other investors in order to benefit from the inherent advantages of working as part of a larger group such as reducing the risks of the investment and requirement of large sums of capital from an individual.