Fixed interest but not without risk

There are many reasons for taking a closer look at fixed interest investments. For one, as we get older we naturally tend toward the more conservative, with a small 'c', which includes the way we manage our savings. After all, the stakes get higher as we get older because as our working years dwindle we are confronted with the prospect that lost savings can no longer be replaced. Experienced investors also like to move the balance of their portfolios more towards cash or fixed interest assets at times of high stock market drama. Such 'flights to quality', as they are sometimes called, are ...