Money grows

Money makes money, and making money out of nothing is a myth. But there’s also the notion that a little money can’t make more money either, and that’s not true. If you go to your bank and talk to the person in charge of investment advice, or if you talk to a personal stock broker, they’ll probably tell you that you need a significant amount of money to make money in investments. And that if you don’t have a lot of money, you’ll never make enough to beat the profit margin that a savings account will give you. This is true, but only to an extent.

If you go to www.assetmanagement.org.uk you’ll find a lot of companies that are willing to invest your money for you. They’ll do it using special investment funds that will pool together funds from several people to make it one big investment fund. This will then be invested according to the general preference of the people. Some will rather it be spent on “safe” options, and will take the low risk packages. Others would rather trust that the investors will get them more money and will choose the high risk ones. Either way, they’ll be making more money than in a savings account.