The Smart Way To Invest In Collectibles

by Adam on September 14, 2017

toy-story-3 sunnysideInvesting your money wisely is the best way to make yourself financially secure. You can go to a financial adviser and get some advice on the best businesses or stocks to invest in. It’s a tried and tested way to see your money grow but there is always going to be risk involved. Putting your money into collectibles is a great alternative to traditional investments, but only if you get it right. The risk can often be higher with collectibles because the markets are more unpredictable and it’s difficult to tell whether something will retain its value or not. Collectibles like baseball cards have been known to go for tens of thousands so it’s definitely worth looking into the collectibles market. When you’re just getting started out, these tips should help you invest wisely in something that will go up in value.

Choose Something You Know

Of course, you aren’t going to be an expert right away, but you need to choose something that you’re already interested in. That way, you’ll have at least a little bit of an idea of how much these things are worth. If you go into a collectible shop and you haven’t got a clue where to start, you’re probably in the wrong place. There are certain collectibles that have always been fairly safe so if you don’t know where to start, choose one of those areas. You can get great collectible coins from places like People have been collecting coins for years and it’s unlikely that they’ll fall out of fashion anytime soon. The same can be said of things like stamps or baseball cards. Going with these tried and tested collections might not always be the most profitable, but they’re the safest.

Keep Updated With The Markets

The collectibles market is very unpredictable and if you don’t keep on top of it, you might find that your collection that used to be valuable is suddenly worth nothing. If you know ahead of time that the value of your collection is going down, you can sell it off and reinvest in something more lucrative. There are plenty of online forums like with huge communities of collectors that can help you get started. Checking these regularly is the best way to keep up to date on the state of the market, and you can also post any questions that you might have.

Enjoy It

If you think of your collection as an investment and nothing more, you aren’t going to get very far with it. Normal investments don’t usually need a lot of hands on involvement on your part, but a collection is a different story. You need to be constantly updating and cataloging your collection and if it’s something that you aren’t passionate about, it’ll be hard to keep yourself interested. You won’t want to spend hours organising a collection of old action figures if you don’t have any interest in them at all.

Investing in collectibles can help you grow your money, but it can also be a great hobby to have at the same time.


Only Pay For the Mobile Data You Need

by Adam on September 11, 2017

The typical smartphone user utilises 2-3 GB of data every month.

Most phones provide a breakdown of the data usage. They display an analysis of data usage for every application on your phone. As such, you can determine the data used up by popular apps like Spotify, Instagram and Whatsapp and set a data range for each application based on your billing cycle.

Users who have never set a data range are likely to find a cumulative figure of data usage from the time they activated their phones. The next discussion will help you determine the data your phone needs to save on monthly billings.

calculating costsDetermine How Much Data you Need

Estimating the amount of data your applications need may prove difficult. It is only possible by knowing how much data you use every time you download a movie, check the email or stream a song. Rough estimates show that an average data user consumes up to 1.9 GB to watch a two-hour movie in the regular definition setting. However, if they are streaming a high-definition movie, they uses 4.2 GB. Gaming apps use up 43MB while streaming live music for an hour consumes up to 80MB.

Of course, all the estimates depend on the supporting browser on your phone. YouTube, for example, provides live streaming options, i.e., high, low and medium video quality, which is adjusted manually. Thus, your phone is likely to consume up to 1.5 GB per hour when live streaming a video.

Netflix, on the other hand, uses up to 3GB per hour if you are streaming a high-definition video. For social apps like Facebook and Instagram, you are bound to use less data if you utilise the apps without watching videos or uploading videos and photos. These estimates should help you make an assessment of how much data your phone requires and adjust your monthly payments.

rising costsManaging the Use of Data

  1. Switch to low data consumption Settings

Alternatively, you can determine how to reduce usage without tapering off the number of videos you watch. You just need to turn off particular applications from your settings menu or adjust individual settings without compromising on the way you use the phone. Depending on the data usage, you can focus on apps that consume most of the data.

For applications such as YouTube, you may switch to the low-quality option for videos and music. A social media application like Facebook allow you to turn off the automatic video option as it takes up lots of data.

  1. Adjust your Data Plan

The use of all such data apps often causes users to exceed their monthly data limit, leading to additional charges. Any data bought outside the initial monthly subscription is more expensive.

Instead of paying for add-ons, users should consider upgrading to a contract that provides a higher data usage. The prices differ, which depends on the tariff you have subscribed to and the network available in your areas.

It is advisable to wait for one month or two to determine how the new habits affect data usage. If your usage still exceeds the monthly plan limit, then you can upgrade to another plan.

  1. Use WiFi

With WiFi, you don’t have to use cellular data. As such you can stream, upload and download videos and music without using up lots of data. For example, users who listen to Spotify on their way to work can download their favorite playlist at home using WiFi and listen in an offline mode to save on cellular data.

Getting acquainted with various ways of saving on mobile data goes a long way in managing cellular data and making notable monthly savings. You only pay for mobile data you need.



Whether you have a lot or a little money tucked away for a rainy day, you can use investing to make the most of it. However not enough people know about all the options they can choose from. In fact, there are some great investments that go largely ignored to the private investor, that they can make a great return on. Keep reading to find out more.  

cautionPenny shares

Penny stocks are the high risk, high drama sister of the ones floated on the major stock exchange like NASDAQ, IDX, and LSE. While they don’t often cost a penny, they are usually considerably cheaper than most regular stocks, and here’s the rub, their potential for growth is massive. This is in part, because of the volatility of the market. Making it more like a game of chance where you bet on who you think is gaining to win, rather than an educated and well-informed decision.

Of course, that doesn’t mean that you shouldn’t do your due diligence and homework, and there are plenty of sites like that will give you the low-down on how to purchase penny stocks, and which industries and specific companies are looking good at any one time. What you do need to remember though, is that a market that is volatile is one where the rug can be swept out from under you at any moment. You can win big, yes, but you can lose big too. So like any investment you make, never, ever invest money that you can’t afford to lose, or you need quick access to, in the near future.

house mortgage UKCommercial property

Commercial property is also overlooked in favour of its residential cousin. Perhaps because it’s not so glamorous so say your own a factory as it is to say you own more than one house? However, it’s a great market to invest in because businesses always need premises, meaning you can make a killing renting it out or selling it back to them.

Obviously, it’s not recommended that you jump in with both feet if you have never made investments in a commercial property before.  As you will need to know exactly what to look out for before you part with any money. In particular, a location near to transport hubs and main roads is essential for the company using it. As this allows them to keep their supply chain going without incurring extra expense. Many businesses are also looking for access to natural resources, especially if they are involved in manufacturing process. So proximity to water and other resources will make the commercial property you invest in much more desirable.


You will also need to be aware of how commercial property investment works, and the stages you will need to go through to secure your purchase. The first step is often using websites like to locate a suitable match for your budget and needs. Then it is important that you or a representative visit in person to check the suitability of the site. A personal visit is no replacement for a decent survey though, so if your interest has been peaked make sure to get this step done before you go further for put any money down. From this point, it’s also a good idea to have a legal representative in the form of a property solicitor like that can help you check your documents for any potential issues and manage the bidding side of things.

Residential buy to let


Now, while residential property investment may not seem like an often ignored opportunity, buying a residential property to let can be. Basically, this is the process whereby you purchase a home and then lease it out to tenants, who pay you a monthly fee.

Yes, it can seem more appealing to buy and then flip a property quickly, but there is actually really good money be made with this buy to lease strategy, as long as you get a few things right. The first is that you must pick a location that is both desirable and already has good rental prospects. Up and coming areas in big cities are great for this, as there is always an influx of new people ready to move in.


You also need to work out the minimum length of time you will need to keep the property to make good on your investment. Buying to let is often a long term strategy, as the aim is to pay off as much of the mortgage as possible, thus freeing up a greater return on the property when you do sell. Lastly, you need to make sure that you can lease the property for a price that is higher than the mortgage. This is because you don’t want to be in negative equity each month once you have paid this, as well as all the fees that a rental agency will charge you to manage it.

Equity income funds

For those of us that are looking for middle-risk investments, but still want a decent return on our money, the often overlooked Equity Income Fund can make a good choice. These are mutual funds that invest in stable, reliable companies, paying back to their investors in the form of dividends. See a graph of their progress over the years at

The advantage of this sort of fund allows you to diversify across many different companies, making it a safer investment. Although, once again it is one that needs to be executed over the long term. As this will likely provide a higher yield on your original investment.

Opportunity fundISAs

Lastly, for the more safety conscious investors, there are Individual Savings Accounts or ISAs. These include fixed ISAs, cash ISAs and Stock and Shares ISAs.

If you can get a good rate on interest on a cash ISA, you are onto a winner. This is because they are tax-free, so everything you earn you get to collect. The problem, as mentioned at is that most interest rates aren’t that good, ranging from just over 1% for flexible cash ISAs, to just over 2% for fixed ISA account. That means if you need the flexibility to withdraw and use your cash, you won’t be earning too much, even over a long period. Although there is the benefit that your personal limit of £20,000 won’t be affected if you do choose to withdraw, as long as you keep within the guideline set down by your bank or lender.

Fixed ISAs are accounts that you can pay into and but make no withdrawals from. They are like to give you a higher interest rate because they have to encourage you to keep your money with them. That’s great if you are looking to save in the long-term, but can be very costly if you find yourself short with no way to access any funds other than closing your accounts and cashing out.


Lastly, there are the Stocks and Shares ISAs to consider as well. These are a good way of testing the waters in the stock market as you can choose to invest everything in one go, or do it a little at a time, month by month. You also have the choice of the type of funds you invest in, meaning that you can diversify in a difficult market, or focus on areas of growth if you so choose.

However, unlike the other types of ISA, a return on your money isn’t guaranteed here. So make sure you don’t confuse one with the other, as you could end up seriously out of pocket if you do.


Want More Money In Your Life? Look No Further

by Adam on September 7, 2017

If you want more money in your life, you’ve come to the right place. We’d probably all say we wanted more money for one reason or another. We all want to feel abundant! Here are just a few ways you can have more money:

Be Specific

Great, you want more money. Here’s $1. Now you have more money, you’ve reached your goal! Do you see why you need to be specific? Try to get really clear about how much more money you want, so you can start thinking of ways to ftse100reach your goals. Do you want an extra few hundred dollars a month?

Do you want to triple your income?

Make sure you’re specific about it, or you are unlikely to live the lifestyle you want!

Start Investing Your Money

People think they’re investing when they buy a property, but they’re not. They think they’re being smart when they put money in a savings account, but again, they’re not. Investing in stocks and shares is one of the best way to invest money and get a return. It isn’t without risk, but it can produce a high ROI.

Find Stress Free Ways To Save Money At Home

The home is probably the biggest drain on our finances. We have to pay utility bills, maintenance, repairs…the list goes on. However, there are so many stress free ways you can save money at home. You might be spending more than you need to on your utility bills because you haven’t checked out the competition lately, for example.

Take a look at the infographic below for 20 stress-free ways you can save at home:

credit to
If you want more money in your life, have a look in the Saving and Investing categories here on Magical Penny too.



Every person looking to invest in a piece of land or trying to find somewhere that’s a suitable country break away from city living means running into the same issues time and time again.

thumbs up down smallLooking for the right home in the right area that offers peace and quiet but is also near enough to essential amenities, not to mention the costs involved in renovating the space, but have you thought about the secret option of building your own home? The benefits, of course, are numerous, but is it a better option than buying a home? Are there more hidden costs? And on a personal level, is it better for you to buy rather than going through the hassle of building a house from scratch?

The Pros

The first thing to discuss when it comes to the upsides of building your own home is the aspect of control over every single contour. In building your own home, you need to have a unique vision of how you want your house to look before you press on with buying the cement and bricks. But the great thing about customization is you have complete control over every single part of the layout. It’s extremely beneficial if you plan on moving to a new area and especially if you are looking to start again on a personal level. There is nothing more beneficial to you than being the first owner of your home. You can find an area of the world that you have always wanted to move to or somewhere with a more rural setting. A place like Colorado, for example, is ripe for agriculture and livestock if you wanted to start a farming operation, you could find more information at Sports Afield about Colorado and why it’s a place of natural beauty. But the fact of the matter is that in choosing a piece of land to build on means that you are starting from the ground up.

The other great advantage of building your own home is that more often than not, brand new homes are built to meet the strict standards of current building codes.

In addition to this, homes are now more energy efficient if you build from scratch by adding up-to-date tech and energy efficient changes to your home, this means a lot of additional costs. There is also a limited warranty for home builders so if there are any issues on the structural side of things, it could save you a lot of money. It’s a lot of peace of mind to know that you won’t have to deal with any major repairs or maintenance issues for at least the first 10 years of your home’s life. And while there are many personal pros to building your own home there are, inevitably, downsides.

The Cons


The first thing to bear in mind is to understand the overall cost of building your own home.

It may appear that it will save you money in the long term, which it undoubtedly will, when you think about the environmental impacts and reducing your bills, as well as being able to live in a cost-effective home that doesn’t let out heat and waste energy. But the costs of building a new home mean a lot more money up front, not just for the materials, but also the cost of the land, especially if you are looking to build in an area of high demand. Couple this with costs you may not immediately think about such as window coverings, driveways, fences, and even furniture, especially if you are building a bigger house than what you are currently living in. These will all add up. According to The Lenders Network, the current cost of building a house in America comes to $289,145, while the median home value is currently $258,500, considerably less! Throw into the mix the time it takes to build a new home, which on average is 7 months, meaning that as well as the cost of building your new home, you may have additional costs on top such as renting a property to tide you over.

house questionOr if you are in your current home you won’t see the cash based on the sale for quite some time meaning that the cost of building your new home is going to run into thousands of more dollars than the straight up cost of $289,145. Buying your own home outright means negotiating on price as well as less of an impact on your stress levels, however you may not be able to get everything that you want. It’s also important to bear in mind that the experience of a real estate agent comes in handy when understanding how the builders operate based on the market meaning that they may be able to negotiate a lower price when buying your own home rather than building. The materials will more than likely increase in price rather than decrease, and as the building codes become more stringent, this may mean a more sophisticated wealth of building materials.

If you don’t see money as an object, building your own home can come with unlimited benefits, but it can be a surprise when all the hidden costs reveal themselves to you.

Buying your own home can come with personal downsides such as buyer’s remorse as well as neighbor’s remorse, especially if you are moving to a neighborhood where someone is inclined to play loud music in the middle of the night! Buying your own home comes with a lot less hassle in the long run, but when you look to build a home, there isn’t much leeway when it comes to purchasing price or closing costs.

The one thing to take away from this is to make sure you know exactly what you’re getting into, and whether you plan on building or buying, it’s best to utilize the knowledge of a real estate agent. Ultimately they will have better knowledge of the state of the market than you and can advise you accordingly on how to progress. Building your own home can be a great adventure, however, it can also be a major hassle personally and financially, so make sure you weigh up the pros and cons.


#RealTalk On Real Estate Investments

by Adam on September 6, 2017

The property market is undoubtedly an investor’s dream.

Average prices have increased steadily for over half-a-century, meaning that it’s one of the safest options out there. Moreover, it’s an arena that offers huge versatility. This allows individuals to find suitable solutions for their specific budgets and goals.

riskHowever, making money on the real estate market isn’t as easy as it might first seem. If it were, everyone would be doing it. Before jumping in at the deep end, it’s vital that you make yourself aware of some realities. Do this, and your hopes of success will be greatly increased.


#1. There Are Risks

Generally speaking, the increase in property prices outweighs the rate of inflation. But you’d be very foolish to think that all investors make money. This world doesn’t provide free cash for everyone. While there are plenty of winners in this playground, there are many losers too.

Experience is vital, which is why you must be wary of taking on too much too soon. Fixer-uppers can be particularly risky business, so taking an alternative approach may be better. Buy-to-let deals on multiple properties can be particularly useful as you’ll only need to have them partially full to break even. Ultimately, though, you must analyse the options to find what’s right for you.

#2. You Will Need Help

Again, the perceived ease of making money can convince investors to go it alone. While you might generate a profit this way, the chances of unlocking the investment’s full potential are very slim. Finding the right support is essential.

Financial advisors can suggest where your capital will be best spent. Meanwhile, Patrick Ascenzo Fawkner real estate experts can help assets fetch a far greater sale price. If nothing else, asking experienced investors to be your tutor can prove to be priceless. Either way, taking on the challenge alone is rarely the best solution.

#3. You Must Remove Affection

When building a home to live, growing an emotional attachment to the property is very natural. For a financial investment, though, you must refrain from thinking about personal tastes. Maximised gains are the only concern.

As an inexperienced investor, research is everything. The Investopedia guide to attractive features should help you spot the best possible opportunity. Just remember that little quirks can often limit your potential audience, and you’ll be in a far stronger position. The sooner you appreciate the differences between buying a home and an investment, the better.

time is on your side#4. Patience Is A Virtue

When done right property investments can be lucrative. But if you thought it would be a route to quick returns, you were sorely mistaken. The process of buying a property can be long winded while finding a buyer or renter can take time too. As such, you may require some patience before seeing any ROI.

Timing is everything in the real estate market. If you don’t have the personality to sit patiently before striking at the right moment, you might be better suited to another form of investing. Because if you aren’t going to turn a profit, the whole venture is a waste of time. And that’s real talk.

For more Property-related advice click here to browse other Magical Penny articles on the Property topic


You’ve got to spend money to make money. We all know that, and it’s perhaps truer in the business world than anywhere else. Anyone can start their own business today. The internet has given more people than ever the chance to make money for themselves, doing something that they feel passionately about. But, if you want to take your business to the next level and start making it a success story, you will need to put some money into it.

That doesn’t mean it’s a good idea to throw money at everything you can. You could spend a fortune, but if it’s not on the right things, it won’t help you. If you spend in the right way, your outgoings should remain well within budget, allowing you to save some of your income while growing your business.

investingThink Long-Term

Make a five-year financial forecast and take the time to think about how your business will get there. Make sure any investment you make now helps towards these long-term goals. Otherwise, you risk spending more later on. Take marketing, for example, it’s all well and good having a short-term campaign to get new clients or customers in now, but what’s going to make them stay? Think about how every purchase or decision could affect you down the line.

Shop Around

Don’t ever settle for the first deal that comes along. This goes for suppliers and services as well as products. Remember, those providing you with a service know what to say to get you on board. Take your time to consider all of your options before committing to any purchase.

Get Insurance

You need to make sure your business is correctly insured. While this is another expense, it could one day save you a fortune. As your property is a place of work, it will need premium commercial property insurance which is very much an investment in your company’s future.

Invest in Yourself

Instead of paying people to do things for you, take some time to learn to do it yourself. This is the perfect time to test your skills as an accountant and marketer. Instead of hiring others, invest in your education where you can.

Budget Carefully

Just creating a detailed budget can save you a fortune in both business and your home life. When it comes to budgeting, it’s important that you include everything and are as realistic as possible. You should also try to keep some cash aside in case of any unexpected costs.

Know Your Business

You can’t accurately prepare or budget without knowing your business, and you should know it better than anyone. Know it’s strengths and weaknesses (and your own) to help you prepare and know where the most money may need to be spent. This will help you to avoid unnecessary expense.

When it comes to saving money in the business world, you need to be prepared, thoughtful and careful. Take your time and think your financial decisions through and ask for help if you need it and your business will thrive.


property ladderGetting on the property ladder can be a goal for many.

Having your money being spent on your own mortgage, rather than someone else’s, is what it is all about. You are investing in something that is yours, and you can sell it at any point should you need to. But there are other costs that come with owning a home that you won’t necessarily have if you are renting, depending on what your contract is. So if you are looking to get on the property ladder soon, then there are some things that you need to take into account when making your calculations. Do you know about all of these extra costs?


Council Tax

Unfortunately, not all council tax is created equal. So even if you have been paying council tax in your rented property, will the council tax band of your new home be more expensive than it has been previously? If it is a larger home and definitely has more bedrooms than before, it will be in a higher band. So as part of your mortgage calculations, you need to include the council tax with it. Can you make the extra repayments each month?

Energy Bills

lightbulb momentIf you are moving into a new build property, then the chances are that your energy bills will be quite low. Compared to an older home, a new home will be well-insulated, warm, and much more energy efficient. So your bills could be less than before. Again, this is something that you can check with the estate agent as they have energy rating details. However, if you are going to be moving to an older and larger home, then your energy bills could rise. It isn’t the end of the world, as long as you’re on the best tariff. So check an energy provider comparison site like, to see what tariff will work out best for you. If you can get locked into a reduced rate for a couple of years, then that can often be the best way to go.


Maintenance Fees

Generally, this will only apply to flats, as someone has to take care of the communal areas, staircases, and lifts. So often there is a yearly maintenance fee for the property. No doubt you will get told what it is when you are looking to move. But make sure that you are checking your finances and working to a budget. There is no need to get into debt for something like that.

Parking Permits

In places like London, you need to pay for a parking permit to be able to park on the street that you live in. Quite crazy, but you can see why they do it. Would this be the case on your new home? You can always check on if you need to. Weigh up the options of paying for it versus using other streets closeby. It can save you money to do the latter but may end up being more hassle.

Have you got any other considerations that you would include in the list?


stamp duty change 2016Owning and living in your very own country retreat is the dream of many people on the property ladder. But actually getting your finances sufficiently organised to get there can be a challenge. What you want is to have your own plot of land that can freely explore and roam, but that, of course, comes at a price.

The following are some financial tips designed to help you get the money together you need for your escape to the country. Here’s what to do.

Look For Cheaper Locations

There’s a premium attached to living in some parts of the countryside, especially areas inside national parks. However, in places just outside, often with equally stunning surroundings, you can get a lot more value for money. Look for properties with substantial land in the border areas to national parks and nature reserves to get the rural setting you want without having to completely empty your bank account. Click to view more information.

house mortgage UKUse Saving Tools

The great thing about digital technology is that it gives you unprecedented control over your finances. With a click of a button, you can categorise all your spending and figure out where your money is going,

Download an app like Mint (if you’re in the US) and take a look at your standing orders and subscriptions. Is there anything you’re paying for unnecessarily that you don’t need that could get in the way of your plans?

Also, start investigating the return on savings accounts. Though it might seem pointless to put your money into an account at a rate of 0.25 percent, rates do vary substantially. It’s far easier to get the money for a deposit when you’re earning 1 or 2 percent interest a year on your savings.

Look Into Shared Ownership

Sometimes buying outright simply isn’t an option. But thanks to some clever thinking by those in the property industry, you no longer have to if you want to live on your own property. Instead, you could opt for shared ownership. Under these arrangements, you continue to pay a mortgage, but only up to a set proportion of the home’s total value – usually 50 percent. Then you pay rent to cover the remaining balance. Although it might not be ideal for people who want to own their own castle, it’s a great solution for those who just want a country lifestyle.

financial newsWait For The Next Recession

Do you remember the last downturn? In some parts of the country, house prices fell by more than 20 percent. The same will happen in the next. According to the Case-Shiller index, the current ratio of house prices to median income is at historic highs, just like in was in the summer of 2007. This is evidence that house prices will almost certainly fall if there is another downturn in the next few years. Moreover, home prices usually go down anyway as more people foreclose and a greater number of properties suddenly find their way onto the market. As such, if you’re able to wait, you might benefit substantially.



What to Consider When Investing Your Money

by Adam on August 24, 2017

ImportantInvesting money can be an exciting venture, but one which requires careful consideration and meticulous planning.

It is important to remember that making a profit from investments is never a guarantee, and many people have ended up losing a fortune because they did not do enough effective research before investing.

In light of this, here are some of the main considerations you should think about when investing.


First and foremost, the amount you are willing to invest should be well thought out and calculated logically, as you do not want to invest money which you cannot afford to lose. This means only investing spare capital, and potentially spreading it out into intermittent investments.

This will form your investment budget and plan, and it is important that you have something you can stick to so that your money is spent as wisely and efficiently as possible. It may well change over time as your capital and market knowledge grow, and if inexperienced then it may be best to start by investing smaller amounts.

world for saleGlobal Markets

Another factor to consider is which markets/assets you would like to invest in. There are numerous global markets to choose from, all of which exhibit different behaviour and involve trading different assets. You could, for example, look at forex, which involves trading global currencies based on fluctuating exchange rates, or invest in a steadier, slower market like gold.

It is essential that you research a variety of markets to find which will best benefit your plan and budget, looking at past behaviour and the general nature of the market itself.


Once you have chosen where you will invest your money, you may also want to think about portfolio diversification. This involves spreading investments over a number of different assets, which helps to counterbalance overall risk.

A diverse portfolio is potentially one of the best ways of maximising your chances of making a steady profit, as it means even if one asset crashes, the others should hold up. It does, of course, mean less potential return on investment when assets rise in value, so you should carefully consider how much risk you are willing to take.


There are numerous ways to invest your money into the markets, but it is also important to consider why you are investing, and what your endgame is. Those who have an investment objective will find it far easier to form an investment strategy, and thus work towards their goal.

If you are investing through an online trading broker, your objective may be to make small gains on your investments on a daily basis, perhaps with a look to doing it as a full time occupation. If investing in something like a property, you may simply want to make a steady gain on your capital whilst keeping it secure, so bear in mind that everyone has different aims when investing money.

These form some of the basic thought processes which every investor should go through before they invest, especially if inexperienced. Do plenty of research on your investments and keep up to date with market movements to maximise chances of success.