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Investment guide

Your top money-growing questions answered

The value of investments can go down as well as up and you may not recover the amount of your original investment. Past performance is not an indicator of future performance and should not be relied on as such.

Should I save or invest?

Moving home? Starting a business? On a bucket-list holiday? How will you get there?

If you can afford to lock away some money for those five years, it might be a good idea to invest.  

Where do you want to be in five years’ time?

If you can’t think that far ahead right now, then saving is a better bet for you. It’ll give you a pot of cash to dip into now and then for unexpected expenses and to treat yourself and loved ones. 

Think of saving like planting bulbs for spring and investing like planting trees for years to come.

Either way, feeling in control of your cash by putting it somewhere it has a chance of growing can bring a sense of calm and happiness. We could all do with a bit of that.

A good rule of thumb is to consider investing when you have a long-term goal in mind and at least three-months-worth of outgoings in a savings account that you can access immediately if needed. And it’s important to remember that investments carry a higher risk and their value can go down as well as up.

Know your savings from your investments

Your questions answered

We’ve gathered the most-asked questions and asked our Royal Bank experts, Lewis Broadie and Craig Parton, to cut through the jargon with some straight-up answers.

Saving

Savings have the advantage of being dependable, predictable and easy to access. If you know you'll need a set amount of money in the next 12 months, for example, then regularly depositing in a savings account may be the best solution. Savings will grow over time as more money is put away and interest accrues on your balance. 

Individual account eligibility criteria and conditions apply.

Investing

If you are saving for a longer-term goal, typically five years or more, investing your money has the potential to deliver a better return, and help protect your buying power from the effects of inflation. The value of investments can go down as well as up.

 Eligibility criteria, fees and charges apply.

Anything else we can help you with?