Having your money on deposit in Ireland today means your earning power is very close to zero. Interest rates are very low or in some instances, actually negative. With interest rates forecast to stay low over the medium to long-term, the situation for long-term savers doesn’t look like improving any time soon.
In this piece, Andy Ivory-Corr examines falling deposit rates that are likely to remain low for the foreseeable future and rising costs in the shape of inflation eroding future purchasing power.
Andy then considers what investment options are available to help your clients grow their money over the medium to long-term.
To view Andy’s ‘Making the most of hard earned cash’ please click here.