Questions And Answers
Inflation and Savings
asked by maxamillion ventura posted 2 Years ago at 10:44
Hi there at the time of writing M.King is currently talking on behalf of the BofE saying a lack of a credible euro plan is the biggest risk of all to the UK, he has also said that inflation will dip at the beginning of next year. Sadly i don't have faith, are there any savings accounts/products that can protect my money from being eroded by inflation.
1-2 of 2 Answers
Andrew Diver answered 2 Years ago at 17:16Sadly there are no National Savings Indexed Linked Bonds available at the moment. However, I would imagine there are other financial instruments which provide a similar investment proposition (somewhere!)
EMAR Publishers - Dividend Income Investor.com answered 2 Years ago at 14:20Hi Max
As a Dividend Income Investor I rather put my savings in high quality dividend paying shares, when they are historically undervalued, and, which have business activities that will allow them to grow their dividend payments annually above the prevailing inflation rate.
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