Saving for the future is always a good idea, but some ways of saving or investing will be better suited to your needs than others.
That’s why it’s also a good idea to speak with an IFA (Independent Financial Advisor) about the options available to you and the pros and cons of each approach.
Options may include Cash ISAs, Stocks & Shares ISAs/LISAs, Investment Bonds, Venture Capital Trusts (VCTs), Enterprise Investment Schemes (EISs) , along with Unit Trusts, Investment Trusts and Annuities, to name a few.
Falco’s approach is your approach
Our advice will be entirely based on what you tell us about your goals for your financial future and lifestyle. We will talk about your plans, whether you have family commitments, dreams or projects you might want to fund, and the type of retirement you envisage.
All IFAs will each have their own personal attitude to risk, but what’s important at Falco is our individual client’s risk profile. As the well-worn disclaimers rightly point out, the value of your investments can decrease as well as increase. It is important to establish how much risk you are comfortable with accepting. Higher risk investments will have an increased chance of volatility, but this brings with it the potential for higher profits. Lower risk investments will have a lower probably of significant fluctuation with a steadier, if lower, rate of return. It’s a wide spectrum and it may be that you fall in the middle in terms of your attitude to risk. Wherever you are on the scale, Falco will advise you on the best investments to match your needs and talk you through the risk implications.