Is investing in the money market worth it?
By Aidan Freswick*
If you were to consider yourself a long-term investor, you would expect some sort of capital appreciation when reviewing your investments over certain periods. You would expect that the impact of rising inflation is not eating away at the purchasing power of your wealth. Historically, being invested in money market and cash type solutions would have given you peace of mind knowing that your wealth is not exposed to uncalculated risks, having no need to follow markets and assuming that you are keeping up with and possibly even outperforming the rate of inflation at a suitable level. This could not be further from the truth at current interest rate yields and if you review the returns on your money market account, you may be unpleasantly surprised.