Thank you for your comments and inboxes firstly, through popular demand this blog will cover the things you need to consider when making an investment!
It can be a huge and nervy step when investing your hard-earned money but really it doesn’t need to be that way. If you have considered and researched all of the important factors, then you should be able to go and invest your money with confidence. So, in this post we will take you through what these factors are and provide you with a check list of things to think about before making your investment.
As I’m sat in my Liverpool shirt having watched Man Utd draw against Chelsea, after Man City have just gone back to the top of the table, it got me thinking about how to make shrewd investments. Considering City and Liverpool have invested very well in recent years and the other two sides…. well, I’m not saying any more on that as I don’t want trouble with Sandy (Utd fan). It’s clear that in football, in business or in day to day life there’s a lot to think about when making an investment. So here’s your list of things to consider…
Firstly, are the fund happy to show previous results?
Performance has got to be at the forefront of your mind. Much like the football reference above, a club wouldn’t buy a striker who hasn’t been scoring, so why would you invest in a fund that isn’t going to reach your goals?
While with any investment, past results can’t be a guarantee of future results, they certainly are the main indicator of how safe your investment will be.
Although SR Investments is a young organisation, one of our main aims is to be transparent from day 1 and we regularly share updates of how our portfolio is performing. If you get in touch and are looking to invest, we can share links from My FX Book which shows the strong performance of our portfolio currently achieving 5% PER MONTH on our low-risk strategy!
Are they being pushy in their approach or avoiding certain questions?
Sandy and I have made investments ourselves in the past, when we didn’t know much about trading or the financial markets. Overall our experiences were poor. We came across pushy individuals who gave minimal detail. One key thing you need to consider is whether they helping you to make the right decision for YOU or are they pushing you into something you aren’t yet decided upon?
For example, make sure you ask questions regarding:
Strategy – Are they investing into equities, foreign exchange, cryptos? It’s always good to know where your money is being invested.
Fees – Are there any hidden fees? Does the fund charge an annual fee? We have previously come across financial advisors who charge an annual fee on top of their commission. Be careful of this!
Withdrawal options – Consider how long you are looking to invest for? What are your returns likely to be and can you access your money when needed? Keep your targets realistic, remember this isn’t a football accumulator.
How well do you know the organisation you are looking to invest with?
There are thousands of funds out there and countless social media pages for investing, learning to trade or trading signals groups for people who want to trade with no experience. But how do you truly get to know which are genuine?
Time is the answer.
You need to take your time to get to know both the organisation and the individuals looking after your money, whether that be direct access to communicate with the traders or an account manager.
We set up this bog so you can see our story, you can see the results we get and potential clients can ask any one of us in the organisation questions.
There are many scams out there on social media that promise unrealistic and instant returns. Our advice would be get to know how they are making their money. Are they helping you and making money for themselves as a byproduct or are they drawing you in to just make money out of you. This is often from subscriptions or sign ups etc. and they make profit whether you actually make money for yourself or not.
What’s the right amount to invest?
At SR Investments we emphasise that you don’t have to invest all your money straight away. It does obviously depend on what returns you are looking for and how quickly however we’d recommend testing the water first, seeing gains and then adding to your pot.
For example, in February we had a new investor who deposited £5,000 initially based on our advice. 2 months in, after seeing fantastic results, they have invested a further £10,000 into their fund in the knowledge that their money is safe.
Top tip: Request projections before you invest and compare your results to the projections over the first 3 months. Obviously, projections aren’t guaranteedhowever you will quickly see if that fund sets themselves unrealistic targets and if so, they are likely to be a more-risky proposition.
What level of risk do you want to select?
There’s a simple answer here. We would always recommend low-risk. Don’t expose your money adverse risks.
Every fund should provide you with options and yes we can trade for you with a medium or high risk strategy however we want and have been achieving consistent results through our low risk strategy. My bank offers me 2.25% a year in a help to buy ISA however this percentage and more has been achieved regularly EACH MONTH by SR Investments. So why put your money at a higher risk when you can get those kind of returns?
Some Forex traders out there claim they can make up to 50% a month! Well that might be true… for one month but the issue is, the next month they are very much likely to lose 50% due to their risk levels.
What are the terms and conditions in the contract?
Firstly, if you don’t understand something in the contract, don’t be afraid to ask questions on what it means. As with any industry there may be technical jargon in there.
Secondly, if you don’t like one of the terms then make sure you ask why this is included, maybe it can be changed? Some of our terms at SR Investments are flexible, like options for withdrawals to ensure that your investment fits your circumstances.
Finally, it goes without saying always read the small print! Many funds may add additional charges for withdrawing and other extras like broker charges or annual fees, keep your eye out for these. Any charges from the broker we use are absorbed by SR Investments and unlike some funds we only make profit off your account when you are making profit too.
What kind of contact will you get?
As a final detail to consider, find out what kind of contact you will have before and while your investment is in their hands. Are they happy to meet in person? It’s often easier to break down any more technical information and negotiate terms before you invest if they are happy to offer a personal service.
Once you are invested, if you have any questions or concerns, you don’t want to be waiting around for a response when there’s money involved! Find out if they have a dedicated account manager or can you speak to key people directly?
At SR Investments for prospective clients we continuously monitor the social channels and emails for ease of communication. For those that have invested you not only have the social channels and email but an account manager available round the clock, monthly updates as well access to speak to Sandy our trader and Managing Director for anything more technical!
We hope you find this article useful and whether you are planning to invest money with SR Investments or any fund out there, make sure you consider the above. Happy investing!
If you would like to ask any questions or enquire about making an investment for yourself then get in touch by emailing firstname.lastname@example.org or contact Sandy today by call or Whats App on 07534488830.
If you don’t yet have an amount to invest, remember whether you are a client or not, we offer a £100 referral reward if you recommend someone who deposits with SR Investments.
Here I will follow Sandy's journey - from creating SR Investments to becoming successful within the Forex markets.
Investments for your future