Slow and Steady

Review of Daily Mail Savings and Investments

Posted on: May 10, 2009

The blurb of the book promises that it is written in ‘clear accessible English’ and that it will explain the risk behind each type of investment.

The book is split into two parts, part one is called the know how and part two is called the tools.

The first part makes you take stock of what you have and what your future goals are. It explains the effects of inflation, what products are tax free and how to choose an independent Financial Adviser. There are comparison tables for different types of products, and a risk pyramid so you can see what investments are more volatile than others.

The second part lists all the different types of investments. For each type it lists the pros and cons, the type of tax you’ll have to pay, what the normal timescale of keeping the product is, how they work, what they cost, and alternative investments.

The jargon alerts that are littered through the book are very helpful as are the trade secrets.

I learnt about the effect of inflation to savings and also learnt about annuities and stakeholder pensions.

I now have a clear idea of where I want to put my savings first, and what will be the best way to save tax payments.

I also have a better idea of the type of pension schemes that are available and it seems less daunting now.

I don’t have any criticism of this book at all, it does everything it says it will. The language is very clear and straightforward. It can be dipped in and out of instead of being read from cover to cover.

Of course some of the information is outdated, but that is to be expected.


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