26 June, 2007
Lisa Dudson |
The first things to consider when investing is to work out what your objectives are and what your risk profile is. I did the online test to see if I was a saver or an investor and looked at my risk profile. As I wanted to ensure that I didn't lose money in the six months it was clear that I was a 'saver' not an 'investor' therefore I was limited to a term deposit or an on call account, so I chose the term deposit as it had a better rate of return for the same risk.