Ever since the world economy went belly up in 2008, life has been harder for all of us in the age of austerity. One particular group who have felt the pressure more than most are savers. Central banks across the Western world have set interest rates ever lower – so low in fact they can barely go any lower at all. This, of course, means that savers who keep money in bank accounts are feeling the pinch more than others as their money isn’t benefiting from very good interest either.
There are some routes that can be explored to see if we can make the most of our savings. Many people have been looking at websites like Bullionvault for investing in gold which is generally thought to be a more stable investment. Gold is a particular type of investment however and there may be a variety of reasons why you prefer another investment.