​Step 5 to investing is choosing your investments. When choosing an investment, you’ll want to consider how much you expect to make on it. Here are 3 ways you could make money on investments.

1. Interest

Investments like savings accounts, Guaranteed Investment Certificates (GICs) and bonds pay interest. With these types of investments, you know exactly how much money you’re going to earn on your investment.

2. Dividends

Some stocks pay dividends, which give investors a share of what the company makes. You get a regular income from these investments. The amount of the dividend depends on how well the company did that year and what type of stock you own.

3. Capital gains

As an investor, if you sell an investment like a stock, bond, mutual fund or exchange-traded fund, for more than you paid for it, you'll have a capital gain. If you sell it for less, you'll have a capital loss.