The art of investing – and why it’s never too late to start

I’ll admit this doesn’t seem like a brilliant moment to start investing. Inflation is becoming a problem due to labour shortages and the energy crisis. Central banks have already responded by raising interest rates and stopping the money printers. Firms could face higher costs whilst also posting lower profits and returns as people rein in their largesse. The best performing equities of the past decade (like Tesla and other Big Tech companies) could suffer, as investors flock to traditional safe havens.

And yet the spike in the cost of living and the prospect of inflation mean fed-up savers are rightly looking for ways to take matter into their own hands. The operative words here are ‘if’ and ‘could’. We can only make educated guesses as to what will happen. But one thing is as close to certain as we’ll ever get. While investing is inherently risky, if you follow certain key principles, you can reduce the chances of losing money and increase your chances of making it.