
This is Money Podcast Where would YOU put money for five years? This is Money podcast
Aug 26, 2023
Experts discuss where to invest money for five years, considering options like investment trusts, premium bonds, and green savings deals. The podcast also explores the upcoming energy price cap, predictions for a housing market crash in 2026, recent market events, and personal spending limits on expensive drinks.
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Savings and Inertia
- Current fixed-rate savings accounts offer attractive risk-free returns, exceeding typical stock market gains.
- Maintain emergency funds in easy-access accounts, but avoid inertia; act on suitable investments.
Reader Poll Results
- This is Money readers favor fixed-rate savings (35%), followed by easy-access savings and stocks (19% each).
- Property and gold received the least interest (15% and 11% respectively) in a reader poll.
Diversification Strategy
- Diversify investments across asset classes like stocks, bonds, and cash to manage risk.
- Consider a global tracker fund for broad market exposure, supplementing it with individual picks.
