The best investment options for income seekers
Recent events have made the search for income a difficult one as investors suffer low interest rates, made worse by the prospect of inflation and questions over the security of government bonds.
Yet having regular, sustainable income is still one of the highest priorities for many investors, who see their savings earning as little as 1% in the majority of high street accounts. Still the question remains – where can you find those opportunities? And how can you make the most of your investments if you are an income seeker?
Moneywise invites you to join investment experts Neil Dwane, manager of the Allianz RCM European Equity Income Fund, and Andy Parsons, Advice team manager at The Share Centre, for a live webchat from 12.30pm on Thursday 13 August to discuss ways for you to keep a hold of that income stream and to provide expert answers to your questions.
An increase in the general level of prices that persists over a period of time. The inflation rate is a measure of the average change over a period, usually 12 months. If inflation is up 4%, this means the price of products and services is 4% higher than a year earlier, requiring we spend and extra 4% to buy the same things we bought 12 months ago and that any savings and investments must generate 4% (after any taxes) to keep pace with inflation. Since 2003, the Bank of England has used the consumer prices index (CPI) as its official measure of inflation (see also retail prices index).