Safe ports for cautious investors

Alan Hardy, head of investments at Lloyds TSB Private Banking tells MoneyWeek where he’d put his money now.

Alan Hardy, head of investments at Lloyds TSB Private Banking tells MoneyWeek where he'd put his money now.

A pitfall too often overlooked by many investors is the impact of inflation. Most commentators are now making pretty pessimistic forecasts for economic growth in the UK. But that doesn't mean inflation isn't still a risk for investors. It is. And particularly vulnerable are long-term investors. Even low inflation fluctuating between 1% to 3% a year can halve the purchasing power of savings over 20 to 25 years.

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MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.