Savers Reveal their Income Needs

MARKET REACTION: What would you risk for a decent rate of return? Morningstar asked the public how they are surviving in a low interest rate environment

Emma Wall 21 July, 2014 | 10:30AM
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This article is part of Morningstar's Guide to Investing for Income

 

 
 
 

Seven years ago, in the days before Northern Rock collapsed, and most people had never heard of sub-prime mortgages, you could walk into most high street banks and in exchange for locking your money away for a couple of year you could earn up to 8% on cash.

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The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

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About Author

Emma Wall  is former Senior International Editor for Morningstar