2017 has arrived with a new administration in the country, and many of us are aware of changes in financial policies. Market conditions may fluctuate and inflation could be affected.

But these changes should not affect your money management strategy. If you haven’t set a lump sum aside for investment, now is a good time to start.
If you are not averse to taking risks, there are many investment options on the table. Take a look at these, and evaluate which of them best suits your needs. Before following any of these options, take advice from a certified financial adviser.

Mutual Funds
Mutual funds can yield great returns. If you are uncertain of how best to invest, utilize the services of a professional fund manager. Your investment will appreciate over time, and give good returns if the market is positive.You can start with a small amount, and then add as you proceed, aiming for higher returns. But remember, take the well-researched advice of your fund manager on board.

Certificate Of Deposits
If you want to take absolutely no risks with your money, then CDs are the best option. You can use this scheme from any bank or financial institution. You can invest in short or long term schemes, depending on your needs.

Open A Savings Account
A savings account safely parks your money, accruing low interest and keeping it accessible. This is a low risk, low income investment option. Many banks and financial institutions do not charge any account opening fees. Before you open a checking account, it is important that you consider the reputation of the bank. Look into the customer reviews and credibility of the institution that you choose.

Government Funded Securities
One of the best investment options for your money is government funded securities. Their returns may not be as high as other investments, but these securities ensure that your money remains safe. If you have money that you can invest and forget, then this is a good option. Over a period of time, small amounts of interest accrue, adding to your principal.

Take Out A Life Insurance Plan
Life insurance safeguards your family if the unthinkable happens. Approach an insurance broker that offers coverage that meets your needs. You can compare policies online, as every policy has varying options in terms of what is covered. These tips are a mix of both low and medium risk investment options. You can opt for the ones that your financial adviser suggests or suits your current needs. Look at each factor, make your money work for you, and give you a safe and secure future.