Wealth seemingly is for celebrities and business leaders; those who fly in helicopters to sprawling country estates and buy super-yachts. These are the sort of people we tend to think of as investors. This sort of lifestyle would definitely put you in the category for extensive financial advice, but what about the rest of us?

Wealth seemingly is for celebrities and business leaders; those who fly in helicopters to sprawling country estates and buy super-yachts. These are the sort of people we tend to think of as investors. This sort of lifestyle would definitely put you in the category for extensive financial advice, but what about the rest of us?

Sitting at home in a suburban semi, having commuted home by train and done the housework, would we also consider ourselves wealthy? Well, maybe not as wealthy as a super-yacht owner; but are we wealthy enough to benefit from investing? 

 

In the past, being wealthy may have got you ahead when it came to investing but nowadays, it is much more accessible. In recent years, the roll out of apps and programs, online fund platforms and investment advice services has opened investing to the masses, allowing anyone to start with relatively little money.  

Research has shown that almost three quarters of those asked do not consider themselves ‘wealthy’*.   But financial planning and wealth management can improve anyone’s route to better wealth. A successful plan can help you use your assets more efficiently to build your wealth over the longer term.

 

In some cases, you can even invest with pocket change. At i-stock, we recognise that for most people, a large sum of money to kick start your investment isn’t always feasible, and that’s ok. Even a modest amount set aside regularly can result in a healthy retirement nest egg.  

 

Apps like i-stock allow you to commit from as little as £50 a month, and if you’re thinking of dipping your toe into the investment pool with us, we will most likely have a portfolio option to suit your needs. We have ten portfolios to suit most investors bank balances, goals and priorities, and our experts manage your investments daily.  You can check in when you like, access your money when you like, and withdraw when you like.

   

You may not be shopping for a private jet but having a nest egg shouldn’t be exclusive to the ‘wealthy’. It’s quite a responsibility to make sure your money will last for the rest of your life and investing could help you achieve just that.  

 

Sources: 

* Fifty Shades of Advice, Boring money insights, June 2019 

** Source: Average Salary UK 2019, findcourses.co.uk 
***Source: This is Money Savings Calculator  
****Source: FE Analytics, asset weightings as at 31 Jan 2020 

*****(if the annual return is 7%)