'Higher interest rates mean that your savings will grow more quickly over time.' 📊 ECRLifestyle
Stack of silver coins with trading chart/ iStockWhen life's uncertainties hit and you need financial backing, you can simply turn to your savings.The interest rate has an impact on your savings, a company that offers investment management services, encourages savers to take advantage of the high interest rate that South Africa is currently dealing with.
Another way to ensure your savings give you the biggest returns is to look at different investment opportunities in several markets. "Diversify your savings by exploring different investment vehicles, such as stocks or unit trusts, that can potentially provide higher returns over the long term," she adds.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Messi lands in Florida ahead of Inter Miami move | The Citizen⚽Lionel Messi lands in Florida to sign $60 million deal💰before his official move to Miami. Football Messi Sports TheCitizenSport Read the story⬇️
Read more »
Messi Speaks On Snubbing Barcelona | Soccer Laduma🤐🔥 Weeks after announcing his decision to join David Beckham’s Inter Miami, Lionel Messi has revealed his thoughts on whether or not he is happy with his call to not return to Barcelona. TabSoccerBet MORE:
Read more »
Why the Reserve Bank’s next interest rate move could be better than expectedNot everyone believes more interest rate pain is on the way – here’s why.
Read more »
Rand slips below R18/$ briefly on hope Fed is near end of hiking cycleLocal currency gains as slowing inflation supports expectation that the Federal Reserve is close to the end of its interest rate hiking cycle
Read more »
Agricultural equipment sales not as robust as recent figures suggestThought Leader | One has to ask what underpins these sales in a year when agriculturalists, myself included, have been vocal about the pressures of rising input costs and interest rates on farmers.
Read more »
Warning over interest rate hikes for South AfricaEconomists and analysts see another interest rate hike coming this month – and it may not be the end just yet.
Read more »