If you have money to invest, then you will be right to feel rather nervous as to where to put it. There are many potential places that you could put your money, but with the economic situation being so difficult, it can be hard to know what to do. You could do your research yourself and make a decision, use a financial advisor or ask a private investment company such as Sanlam Private Investment.
Some people like to put their trust in others. They want to be able to ask someone who has more experience than them about where to invest their money. They feel that doing this will give them better returns. Some people feel they do not have the intelligence to absorb all the information they would need to be able to do the research themselves. Others feel that they do not have the time or it will be too boring.
There is nothing like being able to research it all yourself and know that you have made all the important decision yourself. However, realistically, many people are not able to do this and they ask others for help. Sometimes help can really pay off and great profits can be made. However, sometimes it does not pay off and money is lost, even the professionals get it wrong sometimes. You have to weigh up the risk and decide whether a knowledgeable professional will be better able to make a decision than you.
If you are going to put your trust in someone else then you need to find out a lot about them. You want to know how long they have been making this sort of investment and what success they have had. If you can, speak to previous customers of theirs or track down online reviews.
It is important to know what is going to happen to your money, how long it will be tied up, what the return is likely to be and how much risk is being taken. It is also wise to ask for alternatives so you can make a comparison. This sounds like a lot of information, but ultimately it is your money that is being invested and you need to make sure that you are happy with where it is going. It is important to remember that someone else can guide you but ultimately the decision is yours and you want to make sure that it is a good one.