[Mr K]

Originally Posted by Paul

People are not interested in "investing" in stocks or shares, most dont really understand them, but they do understand the warning "you may get back less than the amount you invested". So of course, they prefer the safer option of interest (Me included, IMO stocks/shares are a gamble).

A bit of both? Stocks and shares are give bigger returns in the the long term. Over time they do much better than cash savings. With cash savings if inflation is higher than the saving rate, then they are a guaranteed loss.

analysis from AJ Bell shows that £1,000 deposited into the average cash ISA when ISAs were launched in 1999 would today be worth £2,079. The same investment into UK stocks via a typical UK All Companies fund would be worth almost twice as much, at £3,787.

https://moneyweek.com/personal-finan...cks-and-shares