How to make the most of your savings

It's time to move from low-interest Isas to more profitable investments.

Personal Savings

Not everyone wants to be adventurous with their savings. Indeed, simply putting your hard-earned money into a cash Isa may seem like the obvious thing to do. But when it comes to money, nothing is certain. Even cash carries its own risks. As we have seen recently, with inflation steadily creeping upwards, even your money can lose value. And even with their tax benefits - no tax on interest payments - most cash Isas are not paying enough interest to stay ahead of the ever encroaching threat of inflation. So what to do? Well, if you can afford to take on some more risk, you might consider putting some of your money into the stock market.

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