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Daily MailHow Brexit will affect your holiday money, mortgages, passports and health coverDaily MailIn the short term, nothing changes. The UK will remain a member of the EU for at least two years. That is the period defined in Article 50 of the Lisbon Treaty for a departing country to negotiate a new relationship with the EU — and the clock will ...What the Brexit vote means for you: 8 key questionsChicago TribuneBritain's exit from EU sends global economies into tailspinWashington PostMillennials, here's what Brexit means for youBankrate.comThis is Money -AOL Money UK -The Independentall 9,894 news articles »
Mirror.co.ukGemma Collins lays it all out on the couch In TherapyMirror.co.uk... stem from being mollycoddled by her parents who are used to paying for everything, even stumping up £14,000 for a credit card bill. She wails: “It's not my fault! Because I was given everything I didn't know the value of money. My dad always bailed ...
Financial TimesWeek in ReviewFinancial TimesTwilio priced at $15 per share, above its expected range of $12 to $14, and then its share price nearly doubled on its debut, although it fell back along with the markets Friday following news of Britain's vote to leave the EU. The San Francisco-based ...
Mirror.co.ukWhat will Brexit mean for shopping, petrol prices, pensions, house prices, the NHS and crimeMirror.co.ukQ. What will happen to my pension? by Tricia Phillips, Personal Finance Editor. A. Turmoil in the global markets means ... Already the age we have to keep grafting to is 66, rising to 67 in 2026 but Brexit could now trigger a faster rise in state ...and more »
Money Magazine5 Ways the Brexit Could Affect YouMoney MagazineThe euro's drop reflects those same concerns from the continent's perspective, and perhaps also the implicit vote of no-confidence that British voters just cast on the broader pan-European project that gave rise to the common currency in the first ...and more »
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Homebuyers are cheering, but what about savers?

Interest rates down to 3.75% and at their lowest for almost 50 years - so there’s the expectation that mortgages will cost less too. But of course what applies to home loans applies to savings too – and savers are far from happy anticipating even less interest on their money.
Not so long ago when interest rates were low the answer was to invest in the stock market. Equity based investments like unit trusts, investment trusts, Oeics (open ended investments companies) bonds and stocks and shares all offered the chance of a better return.
But that was before all the recent uncertainty in the economy. Investors have always been warned that the value of their stocks and shares could go up as well as down but for several years that warning seemed irrelevant. And then the markets fell. Those who didn’t need to sell their holdings because they didn’t need the cash are currently sitting on investments of vastly reduced value – waiting for the market to bounce back.
And it will and that’s the best time to invest. But has that point has been reached? And in the meantime if you’ve got money and those bank and building society savings rates don’t seem very attractive what do you do?
Take advice. Talk to at least three financial advisers. Ask how they charge. Tied advisers get commission from the companies they sell for. Independent advisers may be on commission or may charge a fee up front. You may feel happier with advice that you’re paying for directly.
Think about how much risk you’re prepared to take. Generally the more risk you take the higher the returns if your gamble pays off. But of course the higher the risk the more chance you may lose money in turbulent times.
Think about how long you can afford to have your money tied up for. Investments of this sort are long term because in most cases charges for administering and managing them come out of initial payments so it takes some time to make any return.
How much can you afford to invest and at what intervals? Are you looking for income or for capital growth?
What you invest in depends on all of the above. If you want to be sure the capital you invest will be safe you could go for bonds such as Guaranteed Income Bonds. They’re issued by insurance companies and pay a fixed rate of interest for a fixed period and you’re guaranteed your capital back at the end. The interest is paid minus income tax. The Newcastle’s Capital Safe Bond is a 5 year fixed term account. The interest is linked to the performance of 4 stock markets around the world including the FTSE 100 and the Nikkei 225. The initial capital invested is guaranteed. The Guaranteed Property bond is a fixed term account linked to the housing market. If house prices keep rising your interest goes up. If prices fall your original capital is still guaranteed.
The most risky investments are shares in individual companies. If you put all your eggs in one basket you leave yourself open to the greatest risk. Spread the risk. Buy in several companies in different sectors so that if one company or sector does badly it may be balanced out by another doing better.
Investment and unit trusts and Oeics spread the risk. You put your money into a fund along with money from other investors. The fund is used to buy a spread of equities. Different funds offer a different mix of companies and sectors - some invest in property or in overseas markets. Because your money is part of a bigger pot the whole amount can be used to buy reasonable numbers of shares. The bigger and wider the spread the more the ups and downs of individual company market performances are smoothed out. The level of risk you’re taking depends on which shares the funds hold.
Whatever you do has to be your own decision. That’s why it’s important to take a range of advice and don’t invest in anything risky if you can’t afford to lose.
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