5 Ideas for Investing Your Money


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Whatever your age, or your position in life, it’s never too early to start thinking about investments. If you pick your options wisely, you’ll find that you can stand to turn small investments into large profits. There are many routes to investment, and it can sometimes be difficult to know where to start. Read on to discover standard and alternative types of investment that are gaining popularity.


It can be difficult to find a savings account that offers you any interest worth having. However, for a low-risk investment, ISAs are great. You can put up to £15,240 during 2015/16 into an ISA account and enjoy tax-free savings. It’s worth shopping around to see which banks offer the best interest rates. Although often for a good rate you will have to think about locking your money in for a fixed period. This isn’t always ideal, so be sure to understand the terms and conditions of any ISA you plump for.


Shares are probably the first thing you think of when you think of investing. Depending on which shares you buy they can carry risk, but also offer a higher reward. When you purchase a share, you purchase a tiny stake in whichever company you are buying from. If the company grows, so too will your share – hence making your investment profitable. The trick to this is knowing when to buy and sell. Often people will recruit a stock broker to help them do this, although it is not unheard of to buy shares yourself.


With the cost of housing rising, it is a good time to invest in property. If you do so now, you are likely to see a large increase in the cost of your house in the next few years. Alternatively, many people invest in buy-to-let properties. Often the cost of the mortgage will be covered by the tenants through rent. Once the mortgage is paid off, this will act as a nice subsidy to your salary or pension.


The art market is currently booming making it a seemingly ideal route of investment. February 2015 saw the largest ever sale of a piece of art. Paul Gauguin’s When Will You Marry Me? sold for an astonishing £300 million! If you can’t quite afford that much yet, it’s worth looking into graduate art. Selling at a fraction of the price of their professional counterparts, graduate art offers a gentle step into the world of art buying. You never know, you might even be lucky enough to discover the next Monet or Picasso.

Precious Metals

Precious metals are said to offer great investment. Gold, in particular, is considered to be one of the best precious metal worth investing in. Gold tends not to depreciate and can be easily converted into cash anywhere in the world. For more information on alternative investments such as the above, head to Income Store: http://incomestore.com/all-you-need-to-know-about-alternative-investing-opportunities.

And whatever you do, remember that with investment also comes risks. Don’t rush in, but be sure to read our guide on Investment 101.