The stage of life you are in will greatly affect you choosing the most appropriate investment for your needs. In many ways, matching the investment with your current life situation is the most important factor in deciding how you should invest.
When we are young, starting out in the workforce and yet to accumulate responsibilities, any investment that commits us to regular savings is not only going to get us on the front foot, but likely to form good, lifelong habits. At this stage of life, we encourage clients to pick one medium goal and one long-term goal and commit funds to achieve them. The medium-term goal is usually something like a car or an overseas holiday. We then have the client set up a separate account and consistently save into this account. For most clients, being rewarded by that goal establishes a lifelong habit of saving for things that are important to them.