Wealth Management

Inflation has reached extraordinary highs in recent years while interest rates on savings accounts have sunk to historic lows. The high-interest savings account is a relic of the past. With inflation outpacing interest, storing your wealth in a savings account is no longer a safe way to protect the value of your wealth. In time, inflation will eat away at your savings as your purchasing power decreases. Worse still, over the long term, cash savers miss the significant returns they would have made had they had invested their money instead.

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