Wealth Creation: The danger of letting investment vehicles drive your investment

High inflation brings with it increased levels of financial stress due to the rising cost of living. During times of high inflation, especially when coupled with the levels of market volatility we are experiencing year-to-date, investors tend to re-examine their finances. This includes relooking their spending, budgets, and investments as well as the effectiveness thereof.

When looking at our budget and ways to maximise our money, it can easily be done by changing to cheaper products or simply cutting out a few luxury items The same, unfortunately, can’t be said when it comes to investments. The world of investments is complex, with each of the different products on offer, having a different set of rules, fees and tax implications.