Perhaps you have spent your whole working life saving up a nest egg for you and your loved ones. You may have only recently come into ‘cash’ after inheriting money, downsizing or selling a house or business.
The issue is that even if interest rates rise this year, the rates offered for saving accounts are likely to be significantly below the rate of inflation.
Therefore reviewing your assets this year will be key to protecting your wealth from inflation. At times of high inflation and low interest rates, it simply isn’t ideal to hold on to too much cash. So what are your options?
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