UK reviewing effectiveness of malaria aid

We all need to consider the best investments to achieve desired goals.

08:34 08 July 2013

Recent news shows that the investment made by the UK to provide countries with bed nets to help prevent malaria, may not be reaching its full potential. Whenever we make investments we want to be sure that we are considering the best and most effective ways to reach the desired outcome, whether it is merely financial, political, or even a social investment.

Where financial investments are concerned, the good news is that there are knowledgeable people to help advise you. Here are a few generic recommendations for planning your financial strategy:

• Set goals first—before you talk to a professional financial advisor, have a solid idea of what you are trying to accomplish with your financial investments. You might be planning for retirement, the arrival of a child, or a specific savings amount. Whatever it is, or if it is more than one goal, have those firmly in mind.

 

• Documents—always have any related documents stored in one place that is easily accessible, and well-organized to reduce stress and make it easier to accurately assess your financial situation when necessary. You may also need to provide documentation to a financial advisor so they can give you proper advice.

 

• Investments—it is fine to have a few ideas about the types of things you want to invest in. Some people want to invest in companies, which support sustainable energy and growing techniques, or companies who refuse to test products on animals. This requires more research, but if you have specific preferences bring them up and find out who you can talk to so you can invest with your preferences in mind.

 

• Savings—if part of your financial strategy involves developing an effective savings plan, then you will probably want to consider Independent Savings Accounts, which typically earn much more interest than a regular savings account.