One of the greatest advantages of investing in a saving plan is that it encourages you to inculcate financial discipline in your life. Offers Flexibility: Every individual is different, and so are their life goals and priorities.
In general, an investment that pays 12 % is not as secure as one that pays 6%, but if the 12% investment entails twice the risk, it is doubtful.
If the profit offsets the extra risk or offers a reserve from which to write off losses when they finally arrive, then, as we can see, high-yield investments justify themselves, and they do when they are selected with intelligence, with investment details at hand, and when they are carefully administered.
Along with this general theory that there is a good deal of merit to investing in high yield opportunities, safety should be stressed. This leads us to the second characteristic of the investments we are going to examine.