People who invest in cash and fixed interest investments for long-term periods effectively loan their money to someone else (e.g. a bank) so that they can use it to make long-term profits from their customers. Others who choose to invest in shares or property become owners of income-producing assets and share in those long-term profits.[…]

When investing in shares there are two ways in which we make a return. Firstly, we make income or a yield from dividends. Secondly, if the capital value of a share goes up and we sell for a greater price than our cost, we make a capital growth. Unfortunately, most investors, and many commentators focus[…]