Is cash really king?

Putting money aside for the future is always a sensible idea but deciding on where to put it to achieve the most growth is not always straightforward.

With interest rates on the rise, putting your money into a savings account might seem like the most sensible choice. But even with this increase, it’s important to consider if your savings will return enough money so that you can reach your long-term financial goals.

Cash savings and investments can both help to build your wealth but it’s important to understand that they work differently and have different rates of risk and return.

In this guide:

• Read about the different types of investments
• Find out about the relationship between risk and return
• Understand which could be the best option for you

Bestinvest by Evelyn Partners is our online investment service. Through Bestinvest, we offer free 45-minute sessions with our Coaches, who are all qualified financial planners. We can help you find the right balance between cash savings and investments, plan your investment goals, talk through big decisions and see if your investment strategy will take you where you want to go.