The variety of financial and investment instruments can easily confuse a novice: deposits, stocks, bonds, hybrid and insurance instruments, mutual funds, options, futures, etc. All of them differ in both returns and probability of losses. All of them differ in both returns and probability of losses.

Financial Instruments
An investor’s experience is measured not only by how long they have been investing, but also by what financial instruments they have used. If we move from simple to complex, we can visualize investing as a ladder, where the rungs are financial instruments. On the first one there is deposit, structured products and savings insurance, on the second one: government bonds and mutual funds and stocks. Next are futures and options. Even higher are ETFs, swaps and other professional instruments. Classification is not strict: someone may find the variety of deposits, for example, more complicated than buying stocks, and mutual funds, on the contrary, easier than bonds.
The ladder of investing
Having started with the simplest, you should not jump over the steps. It is better to move gradually, increasing your experience and level of financial knowledge. For example, although futures and options are not the most complicated instruments and you can work with them in BCS Premier using the “My Broker” mobile application, they are still not suitable for those who are taking their first steps in investing.
Financial plan
No matter how much experience and knowledge an investor has, emotions and using unverified news in money matters can lead to ruin. It is best to develop and follow a financial plan, and adjust it as needed depending on market conditions.