You want your investments to work hard for you. Camelot can help you decide the best way to achieve that, with investment advice for all stages of life. When you partner with us, we’ll help you to set your savings goals and put a plan in place to reach them. Read on to find out how this works.

Investing your money

What is investing?

Investing is about structured saving and putting your money to work for you to grow your wealth to generate income, to provide a secure future for yourself. It’s about understanding and balancing your current requirements against your future needs, and developing a plan that will provide you with certainty and security. It starts with setting some goals.

Helping you to set your goals

Before you invest, it’s important to set realistic goals. Your Camelot adviser will work with you to find out how much you can invest, what you hope to achieve, and when you need to achieve it. Once you have these foundations in place, it’s easier to make decisions about your investment strategy.

Advice for every stage of life

As life changes, your financial needs change too. Leaving home, getting married, having children, moving house, inheriting money, or getting divorced can all change your lifestyle and your financial goals.

During our first meeting, we will help you discover the investment strategies that work best for you, so you can:

  • establish your goals and plan towards them
  • build your wealth and accumulate assets
  • maximise and protect your wealth
  • grow your wealth for the future
  • reap the benefits of your hard work and enjoy the life you planned for

To get started on your plan, please contact your nearest Camelot office today.

 

Diversification

Diversification means spreading your investments, or as the wise old saying goes, “not putting all your eggs in one basket”. By investing in many different kinds of companies, industries or countries, or in managed funds, you are less exposed to risk if there is a downturn in any one industry or country’s sharemarket.

Time in the market

The amount of time you have to save towards your goal makes a big difference to the kind of investment plan you might choose. If you've got time on your side, you’ll be able to consider long-term, higher risk, higher potential earning investment options. Most of these, such as shares, require you to ignore short-term fluctuations in value, and you should stick with them for a period of seven or more years in order to achieve a better return. If you want to access your money much sooner (say, for an overseas holiday in a year’s time) then short-term options, such as a one-year bank term deposit with a guaranteed rate of return, are recommended. We’ll help you decide what kind of investment is going to work best for you.

Your investment strategy

Your goals are really important in determining your investment strategy because they’ll directly affect the kind of investments you make, the timeframe you’ll be working with, the total amount you’ll need to invest, and the rate of return you’ll be aiming for. We’ll help you work all of that out.

Once you’ve set up your investment strategy, stick to it faithfully, and don’t be tempted to withdraw funds if there’s an unexpected loss of value or a sudden short-term gain. The key to success is patience and discipline, and reviewing your choices regularly with your adviser to make sure they still suit your needs.

Get in touch with one of our Advisers to get started with your investment plan.