Your Investments: Choosing the right investment strategy for your needs

Now may be the time to venture into the market again, but it is important to ask key questions about which route to take before deciding

Careful planning is key to making successful investments. Picture: Getty

So you have built up a significant sum and you are wondering how you might invest this capital. How much risk should you take? What is your tolerance for loss? What is your time horizon? Do you have sufficient income to cover your expenditure for the foreseeable future? Do you have any outstanding debts?

These are five key questions you must answer before even contemplating investing your hard earned capital.

The first step ...