Hargreaves Lansdown is an investment firm based out of the UK. The company began in the summer of the early 80s. The two initial founders, Hargreaves and Lansdown, based their business model on providing consumers information about a broad range of financial instruments, including pensions and savings accounts. In their first year of operation, the businesses financial assets grew by more than 15%. In addition to growth, they had over 1 million clients come on board to learn about investing and take on their investment strategies.
One way anyone can grow his or her assets is to invest regularly in a savings account. Hargreaves Lansdown has created a simple to follow monthly strategy where an individual can deposit a set amount each month into a savings investment vehicle. If a savings account is automatically invested into, it will naturally grow over time. If the account is then monitored for the maximum reward with minimum risk, it will have a chance of performing even better. The business is supportive of this type of savings account because it starts the foundation for a healthy financial future. It is simple to begin by setting up a direct deposit. There are many varieties of sectors and funds to choose from, which you can learn about from their website. Because there are so many opportunities and investment choices, your account may be well diversified. Diversification is essential in any financial tool because it spreads the risks out over a broad selection of entities. Finally, Hargreaves Lansdown has a low fee for handling this type of monthly service. It is one easy way to build up savings over time.
Another investment strategy that the company has created is through its investment program called Simply. As the name implies, it is a simple way to put your money to work for you. As previously discussed, diversification is the key to protecting your assets. In the Simply project, your investments will be spread out over 600 United Kingdom businesses. The companies that are selected for this plan range from micro markets to giant leaders. Some of the businesses are well-known brand names that are recognizable while others are new startup companies with a bright future. The advantages of using this simple approach are that it is not expensive to begin, and it is a easy way for beginners or busy people who do not have time to research the market to put their money to work. Like any financial purchase, there is risk and reward, but because of the board diversification of businesses, there is a blanket to help ensure that not all cash is lost. Hargreaves Lansdown does note that any financial business has cycles and ups and downs.
If you are interested in learning how to do your own research, there are free research tips available. The company’s website has an active blog that discusses new companies in the UK as well as established businesses and market trends. For example, in a recent post, there was news about the mobile giant Verizon and the soft drink Coke.
Many people do not have the time to learn about the various financial products. If that is your situation, Hargreaves Lansdown offers Wealth 50. It is a combination of 50 funds selected by their managers. Fund managers are expertly trained in researching companies and products for the highest return. These specifically chosen funds have had some stellar years.
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