In recent years, the value of money held on deposit has been impacted by changing interest rates and inflation. Consequently, long-term investing for income has become more important.
Even in a higher interest rate environment, finding alternative sources of income beyond a traditional bank account can help diversify your assets and enhance the potential for long-term capital growth.Alternative sources of income include:
Diversification and expert management remain the keys to long-term success in challenging markets. Through St. James's Place, we are able to offer our clients access to world-class investment expertise, plus the opportunity to invest across a range of different investment firms.
The value of an investment with St. James's Place will be directly linked to the performance of the funds selected and may fall as well as rise. You may get back less than the amount initially invested.
Equities do not provide the security of capital associated with a deposit account with a bank or building society.
Past performance is not a guide to future performance.
The value of property is a matter of the valuer's opinion and not fact.
Do get in touch with me if you need a bit more information about these services, or any of our other financial planning advice.