THE pandemic has led to a spike in savings, with the Bank of England estimating that from May to November 2020 British households built up an extra £125-billion in savings.

But with interest rates still stubbornly low — currently at 0.1 per cent — cash savers struggle to grow their savings. As a result, we’ve seen a rise in the number of novice investors who have turned to investing to make their money work harder. It’s important that investors understand the risks involved and don’t get swept along into buying high risk investment products.

To help, Rob Morgan, investment analyst at Charles Stanley Direct shares his top tips on how to invest safely.

1. Is investing right for you?

It’s crucial to assess a number of things before starting your investment journey. This includes considering what your financial circumstances are, risk appetite and investment goals. This is because…

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