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Saving money is a lot harder than it seems. That's why we have a dedicated team of professionals who can provide you with expert financial advice.
There are various ways in which you can save money, including cash ISAs and equities. Although ISAs are a safer way of putting money aside, equities do have numerous advantages that a savings account does not. You have the possibility of gaining not only a dividend - a proportion of the company's after tax profits distributed to shareholders - but also a capital appreciation. If the price of the shares goes up after you buy them then you have made, on paper at least, a capital gain. However, please be aware that if the shares go down then you risk losing your investment.
Another type of investment fund is a 'with-profits policy'. This policy gives you the extra benefit of a bonus that is a share of the profits from the funds that the premiums have been invested in.
If you would like further information on any of the above or some more examples of how you can save money, please contact us today.