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How to start investing safely and profitably
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Inflation is running at 3.1%, and finding a savings account paying above that is impossible. But many experts claim you can reasonably expect investments to grow by about 4% a year after fees are taken into account, or more if the stock market has a strong run.
If you invested £50 a month for 10 years and enjoyed a 3.9% return, you would end up with £7,348, according to investment firm Fidelity. That’s growth of £1,348 on your contributions. Carry on for 20 years and your profit rises to £6,193.
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