Blog Article

New to investing?

New to investing?

Date: 8 November 2023 | By: cosgrove

New to investing? Do you feel the world of investing is shrouded in mystery, only accessible to the super-rich? In reality, this isn’t the case at all. Let’s separate myth from reality… Research4 has highlighted why people are sometimes reluctant to invest, with the prime reason (cited by 45% of respondents) being they don’t think they have enough money.

Just under a quarter of respondents (23%) feel they are not knowledgeable enough about investing and 21% are worried about losing money. These findings mirror a number of common misconceptions surrounding investing, one of which is that only wealthy people invest. While this may have been the case in the past, it is certainly not true nowadays, with investment options available for people with smaller sums to invest. You also don’t have to be a stock market genius and monitor your investments on a daily basis. Advice is readily available to guide investors throughout their investment journey, while taking a long-term approach is always advisable.

Risk averse?
All investing does involve risk – that’s true, but not all investments are similarly risky. Anyone who is concerned about losing money can adopt a more cautious approach by holding a higher proportion of less-risky assets in their portfolio.

New to investing?
Investing gives everyone an opportunity to potentially secure a higher return on their hard-earned money. We are able to offer you investment advice & wealth management solutions, including ethical investment options, at every stage of your wealth cycle – as your family, life and financial situations evolve. We will always seek to recommend the products which are most suitable for your needs and can adapt to changes in the future – whether they are planned or not. You may wish to entrust the entire investment advice & wealth management process to us, or, if you wish to make the investment decisions yourself. Use our services and expertise to help you in your choices. We can help get you started.

 

4 HSBC, 2022

Source Quilter Essentially Wealth Q3 2023


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