No such thing as risk free

There’s real fear out there. As the eurozone debt crisis appears to be entering some kind of final phase, we are receiving more calls from individuals genuinely concerned about preserving their capital. Those with memories of 2008 are questioning the security of the very banks that hold their cash. The most common request at the moment seems to be for investing in something “safe”, with no risk. There is no such thing. Cash Normally, cash is the best risk-free asset. But apart from only being guaranteed for the first £85,000 of your money should your bank go bust (one suspects the b...