I want my earnings to grow. How do I decide where to invest my money?

Investing involves different risk levels. The higher the interest and rate of return, the higher the risk.

Make sure you fully understand the investment opportunity and the associated risk before deciding to make any investment (Risk = the chances of losing your money to an investment).  

There is no single best type of investment for everyone. You have to understand your risk appetite (the level of risk you can and are willing to take) before you invest your money, and also know the purpose of your investment - is it for the short term, medium term or long term? Watch out for scams - if the interest rate offered to you sounds too good to be true, it’s probably not true. 

Do not attempt to borrow money or take out a loan for investment purposes. Money for investments should be any extra money you may have that you do not need to use in the short term. Never invest more than you can afford to lose.

Attend our Growing My Money workshop to learn about different investment tools and how to invest safely.