Investing is one of the best ways to make your money grow. Over time, the stock market has been the only place capital has consistently grown ahead of inflation.

Yet, many of us still do not know the best way to go about this. In our 20s and 30s we do not invest due to a lack of funds or a lack of knowledge.

In retirement, we become more cautious and avoid the best-returning investments. Many end up missing out on the best returns throughout their lives.

With the right plans, investing can be easy and can be done with only a small amount of savings. Telegraph Money gives 10 top tips for investors of all ages.

Isa or pension?

Those under the age of 40 should look at the Lifetime Isa as a starting point as it includes a 25pc Government bonus. First-time buyers can use it for a house deposit and retirement savings, although you will be charged a 25pc penalty if you withdraw the money for any other reason, apart from a terminal illness.

However, for higher-rate taxpayers (earning more than £50,270 per year) investing via a self-invested personal pension –also known as a Sipp – is often the best option thanks to the tax relief.

For those saving for young children, or grandchildren, a junior Isa is a logical option. Deciding which investment tools are right for your circumstances is crucial to long-term planning, as it will reduce the tax you pay in the future.