Consumers may regret not investing - Money - News - Moneyfacts


Consumers may regret not investing

Consumers may regret not investing

Category: Money

Updated: 12/03/2009
First Published: 12/03/2009

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

A third of Britons expect to look back on the current period as an ideal time to invest in the stock market, although only one in seven is actually considering to do so.

Thirty three per cent of the UK's population believe that now will eventually be considered a time when stock market investments offered real potential.

Of those considering investment, 56 per cent are looking to buy shares which they believe are undervalued, while over one in three (37 per cent) believe playing the markets will produce higher cash returns than cash deposit accounts.

A third of people questioned claimed that their decisions were not influenced by short term market movements, while a similar number believed that the best time to invest is when others back away from the market

The findings come from research conducted by LV=, which also revealed that just four in ten consumers that are planning to invest have any intention of doing so through an ISA, despite the end of the tax year being only weeks away.

Robin Wilson, financial advice director, has urged would-be investors to spread their funds and not squander their isa allowance. "Investing in the stock market is a decision for the long term and canny investors can shape their portfolio to match their level of risk they are prepared to take with their money."

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

Related Articles

A quarter of Brits have fallen victim to a scam

Think you know how to spot a scam? It may not be as easy as you’d think, with 25% of Brits admitting that they’ve been the victim of one in the past, and a further 73% are concerned about being scammed in the future.

Brits’ bad spending habits revealed

Many of us like to think that we’re good with money, yet there are often things that get in the way of regular saving and financial security. Solution Loans has taken a look, and has identified the bad spending habits that leave us in the red.

Growing fears that inflation could impact wallets

We’ve all heard reports that the cost of food and petrol could increase in the next few months, together with the threat of rising inflation, and it seems that these concerns are beginning to take their toll on the nation’s consumers.