metcon construction

In the past year or so, metcon construction has branched out, and is now offering advice on savings accounts and investments.

As a construction company, you might expect biased advice about investing in property and other related industries. However, metcon has been researching the merits and demerits of investing in national savings and investments.

For those of you that do not know, National Savings and Investments (or NS&I for short), are bonds issued by the governments, where savers can earn their interest tax free (on the first £3,600). This hand down beats any other savings accounts, and should definitely be invested in, at least up to the maximum tax free size of investment. Even ignoring the tax free element, NS&I rates compare very favourably to other savings rates. If you don't believe us, visit the official NS&I website for yourself.

Obviously this advice applies to individuals rather than multi million pound companies, where a few thousand pounds is insignificant. Our advice, once invested in NS&I, is then to look into the stock market. It would be churlish to place all your money in one company, instead we recommend investing smaller amounts into fifteen to twenty companies. This helps diversify away risk. For help choosing your shares, it may be wise to seek professional advice from a broker.