Generally savings accounts are short to medium term accounts, where you save regular amounts to build a lump sum to enable you to achieve a goal such as a holiday or a new car. If you have excess funds on a monthly basis it is advisable to establish a regular savings account.
If you a have lump sum, built up through savings or other means, and you have no plans to spend this money, it is advisable to look for suitable medium to long term investment products to get the best investment returns for your money.
At MDL Financial Consultants, we strive to provide peace of mind to our clients. We are an outcome focused company, we seek to develop long-term relationships with our clients, while educating them and empowering them to achieve their financial objectives. It is important that you fully understand and embrace your investment choices and we will fully explain any investment proposals we make, and ensure they meet your objectives.