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  • A granny who has 200k to spare would be foolish to put it in a savings account.
    4% is pathetic compared to a decent mutual fund, even an index fund.

  • I know good few older folk who are cash rich and don't "trust" shares and investments, they just want a predictable safe return with little risk, so its bonds, isa's and savings accounts

  • they just want a predictable safe return with little risk, so its bonds, isa's and savings accounts

    Ask them how their bond portfolios have performed this year then...

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