I am fortunate to know a lot of smart people. Many of these smart people are successful, and make decent money. Many of those have significant positive net worth. But a surprising amount of them – I would guess over half – don’t choose to invest in publicly quoted equities. They are investing novices, and proud to admit it. This blog post is for them, and their friends/family.
Imagine you are under 50, and have £1k to add to your savings. I don’t mean in your pension, which I think most people handle differently to savings. I mean ‘put aside’ but retrievable on a rainy day / for a house deposit / for school fees / similar.
Where would you put your next 1k of savings? Or more to the point, £10k of savings? Or £50k of savings?
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