Savings and investment types
There are two kinds of saving – short and long term. Short term is for monies that you may need to get your hands on quickly. Longer term is for future events such as school fees planning, University fees or that once in a lifetime holiday.
If you are thinking about saving, it can be difficult to know the best place to put your money.
You should consider:
- What do you want the money for?
- What time scale are you saving over?
- Are you willing to take some risk with your money to get a better return?
- How quickly do you need to get hold of your money?
Our advisers are able to identify which savings and investments are the most appropriate for you. They can discuss any potential tax issues to ensure that you make the most from your savings and they are not eroded away by inflation.