The value of investments can fall as well as rise and you could get back less than you invest. If you are unsure about investing, seek professional independent advice.

Top UK investment strategies offer a rich history of dividend payments, making them attractive to investors seeking income and those interested in building wealth over the long term. However, there are plenty of opportunities outside the UK, and some investors prefer to have a ‘global portfolio’ in their investments.

How to Make a Million Pounds: Investment and Saving Strategies

There was a strong performance from value stocks in 2022, but over a ten year horizon growth stocks have comfortably held the advantage. Low-risk safe havens, like cash and bonds, have struggled to beat inflation over this period.

Value investing focuses on buying shares in companies that you believe are undervalued. These are stocks that are trading at a price below their true worth, and the idea is that the share price will rise as other investors recognise the company’s long-term potential.

Ethical investing aims to make a social impact while also making a profit for investors. It can include investment in companies with a good record on environmental and social issues, or those that pay their workers a fair wage.

Property is a popular investment choice for many people, with rental income potentially providing a steady source of income. Some investors are also looking to achieve capital appreciation, and may choose a student buy-to-let strategy in cities that have high demand from students (such as London or New York) and are expected to increase in value over time.