n Personal Finance Newsletter - Banking on shares rather than savings accounts : financial services
|Article Title||Banking on shares rather than savings accounts : financial services|
|© Publisher:||Moneyweb (Pty) Ltd|
|Journal||Personal Finance Newsletter|
|Publication Date||Aug 2005|
|Pages||11 - 13|
Extracted from text ... Moneyweb's PERSONAL FINANCE August 2005 11 IF you're at or close to retirement, the chances are you are wondering where to invest your money right now to generate a decent income from your assets without risking your capital. With interest rates at their lowest levels in more than 20 years, bank accounts and money market funds, though popular, aren't a great place to be. For Richard Hasson, one of the brightest young stars in the country's asset management industry, provided you've got your total asset allocation right, investing in a bank rather than handing cash over to a bank manager ..
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