We are living in interesting times. Property and share markets are all over the place, while investors try to figure out whether they should retreat to the perceived safety of cash. Now, cash is fine if you’ve got a two- or three-year term in mind, but over the long haul you will get much better returns from property and shares.

Furthermore, the bulk of the returns from these two asset classes come by way of capital gain, which is not taxed until you cash them in. This makes them far more tax effective than interest-bearing accounts.