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Types of Investments

The webpage from Aviva outlines various types of investments available to individuals looking to grow their wealth. It discusses traditional options like Cash ISAs, which offer tax-free savings, and Stocks and Shares ISAs, where money is invested in stocks, bonds, or funds. The page also covers Fixed Interest Securities, such as government or corporate bonds, which provide a fixed interest over a set period. Investment Funds are highlighted, including Unit Trusts, OEICs (Open-Ended Investment Companies), and Investment Trusts, which pool money from many investors to buy a diversified portfolio of assets. Additionally, it mentions more direct investments like shares, where investors buy a stake in a company, and Property, which can involve buying physical property or investing in Real Estate Investment Trusts (REITs). Each investment type comes with its own risk and reward profile, and the page emphasizes the importance of understanding these before investing, along with considerations for tax implications and the potential for both capital growth and income.

Read the Full Aviva Article at:
[ https://www.aviva.co.uk/financial-advice/investment-advice/types-of-investments/ ]