Too Scared To Invest

Karanjit

Are people afraid of the risks of investing because of the present-day financial climate?

Many people are losing out because of their reluctance to invest money. Are there too many scam investment schemes out there that put people off? Is there not enough advice given when it comes to investing money?

Catherine_Johnson_2

I don't know. What do you think?

atush

Aside from that, I have seen many here in recent days who are afraid to invest in anything but cash. Which I find sad.

dtsazza

Karanjit wrote: »

Are people afraid of the risks of investing because of the present-day financial climate?

Personally, no.

I'm excited about investing because of the present-day financial climate. There are a lot of good companies to be had at very reasonable prices.

If anything, it's a shame that I only because debt free (and hence started saving/investing) in 2010, and thus missed out on the wonder that was 2009.

neilem

dtsazza wrote: »

Personally, no.

I'm excited about investing because of the present-day financial climate. There are a lot of good companies to be had at very reasonable prices.

If anything, it's a shame that I only because debt free (and hence started saving/investing) in 2010, and thus missed out on the wonder that was 2009.

I haven't started. Trying to find out which ISA, or savings account is already a head wrecking process, and that is only for a couple percent. Can only imagine what investment is like in comparsion, so I'm shying away from it... maybe it is simplier but when people are saying read books X, Y, Z, it almost sounds like a degree.

EdGasket

You can get 6% dividends on Vodafone, 4.3% on tesco, and nearly 5% on Shell. Just invest in all 3 in an S&S ISA. Simple.

lvader

Maybe they will be happy to invest when the crisis is over and the markets are up 50% from here.

jimjames

lvader wrote: »

Maybe they will be happy to invest when the crisis is over and the markets are up 50% from here.

Buy when everyone else is selling and sell when everyone says "buy" is definitely a good motto.

The world was falling in during March 2009 and only an idiot would have wanted to buy shares when they were dropping so much if you'd believed the papers. Yep, I'll be that idiot and make an nice tidy earner from it when they jump back up!

Karanjit

dtsazza wrote: »

Personally, no.

I'm excited about investing because of the present-day financial climate. There are a lot of good companies to be had at very reasonable prices.

If anything, it's a shame that I only because debt free (and hence started saving/investing) in 2010, and thus missed out on the wonder that was 2009.

I agree with this optimism. Although many see investment as risky, it is also an opportunity because of the lower prices we are seeing.

For those of you who think this is an 'odd' post, I am a financial consultant and I am just trying to gauge what people's views are at this time. No need for any hostilities.

Glen_Clark

EdGasket wrote: »

You can get 6% dividends on Vodafone,

Not for much longer it would seem: http://www.economy-news.co.uk/stocks/2324-vodafone-group-plc-dividend-45454

EdGasket

Glen_Clark wrote: »

Not for much longer it would seem: http://www.economy-news.co.uk/stocks/2324-vodafone-group-plc-dividend-45454

That's why I suggested all three. Don't just rely on or have everything in just one stock or sector. Interestingly Nomura still maintain their price target on Vodafone of 195p; way above todays price of 156p.