Here is a summary  of the kinds of savings and investment accounts available.

1. If an investment sounds too good to be true, then it probably is. Be very cautious if you get promises of very high returns and remember that high returns often involve high risks.
2. Do not invest in a product if you do not understand it. Ask questions to make sure you understand where and how you are investing your money.
3. If your circumstances change you may need to reconsider your investments. Consult a certified financial adviser to help you make choices that will meet your needs.