Is it worth losing money in your ISA? New research from AJ Bell shows how much damage loose monetary policy has done to the returns from Cash ISAs over the last ten years.
Source: Bank of England
£10,000 held in a cash ISA in 2010 would now be worth £11,658, based on average rates paid over the period. But after inflation is taken into account, that £10,000 would actually be worth just £9,772. In other words, its buying power has actually gone backwards, to the tune of £228, or 2.3%.
ISA loss on £10,000
£10,000 held in the average cash ISA over the last ten years would now be worth £9,772 after adjusting for inflation. A saver using their entire Cash ISA allowance each year since 2011 would have seen £127,320turned into £124,857 in real terms.
Can you afford to lose MONEY?
Highland Park – PROFITS
Meanwhile Highland Park has seen 193.72% over the 10 year period. In the last 3 months alone Highland Park has seen 9.67% appreciation. £10,000 or £2,000 we have casks to safeguard your wealth.
From Sherry Casks to Aged Casks through Rum Casks we have a cask to suit your needs. If you’re ready to stop loosing money and starting preserving what you’ve worked hard for drop us a line. We can price match on casks. If there is a specific cask or distillery send us an email we’ll find it for you. Additionally, take a look at The Highland Cask Group website today to understand our process. Contact us through email or contact us through our contact form!
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