Week 5 round-up
You’ve covered a lot of ground this week, examining the types of savings and investment products in the UK that people place their money in.
You encountered some important factors that need to be borne in mind when making investment decisions – the impact of inflation and taxation as well as the different risks that are being taken with the money invested.
And you also took a step back to examine why people save money – an issue that recalled one of the core themes of the course – personal finances over the life course.
Next week focuses on another type of asset, one that for some people is an investment but that for most of us is also a home – property.
You can now go to Week 6: Housing and the household balance sheet [Tip: hold Ctrl and click a link to open it in a new tab. (Hide tip)]