Property and shares are the two "inflation-beating" products
in which investors have been advised to put their savings for long-term profits.
Speaking to the weekly Property Week podcast, David Kuo, of The Motley Fool website, has claimed that it is important for individuals to protect their savings from inflationary pressures.
"What you need to do is ensure that you invest it in products that will pay you more than five per cent a year.
As far as I am concerned there are only two products that have ever done that over the long - term. These two products are properties and shares," he said.
Mr Kuo added that it is his unequivocal belief that now is the best time to invest in either property or shares.
The comments come in the wake of the release of Knight Frank and Citi Bank's 2011 edition of The Wealth Report which revealed that property accounts for 35 per cent of ultra high net worth individuals' investment portfolios.
The report noted that around 40 per cent of the 85 prime city and second-home locations rose in value during 2010.
- Monday 11 April 2011