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Robo-advisers – the new breed of automated investment platforms that use algorithms to invest your money, taking into account factors such as age, income and risk tolerance – offer sensible alternatives.
"If we can create investment platforms for equity investments in Africa, everybody benefits".
Many products are sold through loosely regulated channels, including online financial investment platforms and privately run exchanges.
The rise of user-friendly and inexpensive online investment platforms makes this a relatively simple process nowadays.
Once you've chosen your products and investment platforms, it's time to set up your account and build a portfolio.
There are now lots of online investment platforms that allow you to keep your funds (and individual shares) in one place, buying and selling units when you want, such as Hargreaves Lansdown, Fidelity and Bestinvest.
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Leading this new movement is Bruce Davis, co-founder and joint managing director of Abundance Generation, an online investment platform that allows people to invest £5 or more in the renewable energy project of their choice.
But you can invest how much you like via an investment platform, which buy and hold the index fund for you, send you statements, let you withdraw and add money and so on.
SVX, led by the MaRS Centre for Impact Investing in Toronto, describes itself as a private investment platform built to connect impact ventures, funds and investors in order to catalyse new debt and equity investment capital.
Today the ethical investment platform Abundance launches the UK's first peer-to-peer self-invested personal pension.
It is the result of a link-up between ethical investment platform Abundance and Swindon borough council, and will allow the public to invest directly in renewable energy projects, tax free.
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