With investing, your money has the potential to grow above and beyond inflation compared to saving. However, you should be prepared to invest for at least 5 years. There is also a risk you may not get back what you put in.
Investment advice usually comes with a fee and a minimum investment amount, but don’t let that put you off.
Here are some of the benefits of investment advice.
It takes time and effort to gather the knowledge needed to make informed decisions about your finances. By delegating the research to a financial adviser, it could free up your time and energy to spend on something else.
If you’re new to investing, it’s easy to get overwhelmed by the size of the task. Investment terms can also feel like a different language sometimes.
Whether you take advice online or with a financial adviser, it can help make things more manageable. You’ll be asked a set of simple questions to clarify what’s relevant before having your options helpfully streamlined for you. Eligibility criteria and fees apply.
Explore: Investment advice options with HSBC
While having a lot of options can be amazing, it can also be stressful.
The more options we have, the harder it can be for our brains to process, the higher the potential for anxiety, and the slower our decision making can be.
Consulting a professional can be a great way to avoid overthinking and take action. Why is that so important? Because when it comes to investing in your future, time is money.
If you’re able to leave your money untouched for a longer period, at least for 5 years, this could give your investments a chance to grow and withstand any dips in the market.
Remember – there is always a degree of risk involved.
When researching on your own, it's natural to doubt your conclusions. You know, that ‘What if I missed something?’ feeling.
When you receive a professional investment recommendation, you can feel reassured that the decisions you make are well-informed and right for you.
Financial decisions can be difficult to make on your own. And they’re rarely just about you. Either directly or indirectly, they can also affect your partner or family, which can add to the pressure.
The pace of modern life means our brains are constantly being pulled into short-term activities, which creates short-term thinking. And that makes it difficult to focus on what you want your future to look like – and what it will take to get you there.
Consulting a trusted adviser about long-term decisions, including risks and time commitments, can feel like someone’s got your back. And not just anyone. Their professional and objective view means you’re benefiting from their knowledge and experience.
Take a look at our latest guides to learn more about investing – from how to get started to the different ways to invest.
If your needs are more complex, you may want to consider bespoke financial advice.
HSBC current account holders who have £100,000 or more in savings and investments – can book an appointment to receive a full financial review.
From protecting your family to planning your retirement, we’ll spend time getting to know your current plans and future ambitions.
Our financial advisers can make recommendations from a wide range of products that we’ve hand-picked from selected providers, including HSBC.
Additional eligibility criteria and fees apply.
Not everyone wants or needs financial advice. If you're happy making your own investment decisions, you can invest in funds or shares by opening an InvestDirect sharedealing account.
Eligibility criteria and fees apply.
