Property News · June 18, 2016

Why cash trumps shares if you want top returns


Analysis by Radio 4’s Paul Lewis defies the view that savings accounts are a poor relation of sharesMany people with shares-based investments will have been feeling glum this week after Brexit jitters wiped tens of billions of pounds off the value of leading UK companies. But at least they can be happy in the knowledge that, over time, the stock market always does better than cash held in a savings account … doesn’t it?This conventional wisdom was challenged this week after one of the UK’s leading financial commentators published research showing that money in best-buy savings accounts has beaten the stock market over most periods since 1995. What will surprise many people is that, when it came to putting your money away for longer than 10 years, cash was often the runaway winner. Continue reading…

Source : theguardian.com
Read more…Why cash trumps shares if you want top returns

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