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Tim Tilbrook |
Investments are designed to be held for a longer term, usually at least five years.
You need to be comfortable with tying up this money for a period of time and should not consider investments unless you have some emergency funds in place. Most investments are not guaranteed to return your money in full, although offer the prospect of higher returns than deposit accounts.
Returns, risk and volatility are the factors that will determine a suitable place for your savings. Remember investments can go down as well as up.
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Savings and investment products range considerably and can appear complicated. Independent Financial Advice will help decipher some of the jargon and help you understand your options.
Contact Tilbrook Financial Services for a free initial consultation.
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