Hopefully there will be times in your life when you come into a relatively substantial sum of money. This may come in the form of an inheritance, profile from the sale of property or business or a company bonus.
It makes sense to place some of this into a bank deposit where you can get easy access to it should you need it. But for the balance you need to think hard about how you can get the best return possible.
This is where you should consider a lump sum investment. The modest returns on bank deposits may be eroded by inflation, but by investing your money you are giving it every opportunity to grow. While this involves cetain amount of capital risk, by investing over the medium to long term in assets such as equities you are giving yourself the best chance of achieving your financial ambitions.
What are the benefits of Lump Sum Investment?
Your money gets access to high growth potential assets such as equities
You can choose to mix of funds that matches your appetite for risk and reward
Your money is relatively easy to access
You can invest with confidence for the medium to long term