Saving Money
Vehicles/Mutual Funds
The most common types are Unit Trusts, Investment Trusts and OEICs all of which can be used within PEPs, ISAs, Pension Funds and Life Funds. The advantages by being a 'pooled' investment product is the economies of scale and you reduce risk by spreading your investment and at the same time, obtain professional investment management at low cost.
Investment Risks
Before one invests we have to seriously consider the risks to the investments.