There are many different kinds of investments with each having its own unique set of potential rewards and risks; however, investing isn’t for everyone. But if you've paid off your debts (excluding your mortgage), have savings for emergencies in your bank or building society, are prepared to accept a degree of risk of capital loss in return for potentially greater rewards (compared to a traditional savings account) and are prepared to invest for at least 6 years , then investing could help you put your money to work. Investing could help you reach some of your more ambitious financial goals, whether it’s saving for a house or a special purchase or event.
Compared to keeping cash in the bank, investing comes with additional risks, as well as potentially greater rewards. There’s always the chance your investments will lose value and in the worst case you could lose all your money. You need to accept this risk as part of your investment strategy.