We are told, “cash is King,” but with current interest rates at historical lows, and some countries like Japan and Switzerland having negative interest rates, is the King dead?
While these low interest rates are great for borrowers, investors in cash are experiencing continuing declines in their investment returns, at the same time as seeing other asset classes such as property, shares and bonds, rise. So where is the best place to invest your hard-earned cash while waiting for interest rates to rise?
We asked Peter Horsfield, a Platinum Adviser on Adviser Ratings and Senior Financial Planner at Infocus, to give us the basics.
For more read the full artictle at http://www.gq.com.au/success/finance/a+financial+advisers+guide+to+investing+your+cash,48445