What are the best investment options available to me to maximise my returns?
I am a final-year UWI student. – Andy PFA: The same basic investment principles apply whether the sum being invested is a lump sum, a windfall, or a relatively smaller, programmed amount. These principles, if followed, should lead to the realisation of established goals. To invest successfully requires establishing realistic goals, understanding your own emotional relationship with money, determining your risk tolerance, diversifying to manage risk, determining the need to access cash, and setting a time line for achieving your financial goals. no need to worry Ultimately, the success of an investment programme will depend on the asset mix or asset allocation, that is, how money is distributed among the various asset classes. Although it is generally long term, the asset mix may change as personal and financial circumstances and goals change. In your particular case, there are certain matters that you do not have to worry about. You already own a home – though you have not said if it i