There’s something gratifying about accumulating money over time in order to invest for a future goal. And there are lots of different options to choose from Each one has an opportunity to earn a return that could beat inflation. It is important to consider the various kinds of investments and how they can fit into your overall financial goals.

Funds and investment

A fund is an investment that pools your money with the money of other investors and invests it in a variety of assets. This allows you to spread your risk since you aren’t dependent on the performance of one asset type. For example the UK equity fund is comprised of shares of different British companies.

However, you may also find funds that provide an array of different asset types or even more specific industries. There’s a fund for each investor, no matter what level of experience and investment timeline, or the risk tolerance.

Bond funds are popular investments. They are made up of IOUs (debt) typically from governments or companies – and can be more stable than stocks. However, they can still be affected by changes in interest rates and the credit rating of the issuer.