All investments carry some degree of risk.
It is important that you research your options, assess your appetite for risk (how much risk you are willing to take in pursuit of your investment objectives) and plan accordingly. Generally, it is recommended that you diversify (mix up) your investments to spread the risk level and help protect your savings. But everyone is different. Consulting with a qualified financial advisor can provide you with the support required to meet your personal needs. It is recommended that you do this before making a financial decision.
Accessing trusted information during the research phase is also important. Check out the different types of investments below to find out more.