FinancialAdvice.co.uk Logo

Qualified advisers answering your
Financial Questions
call 0800 092 1245

Savers advised to invest despite market concerns

The increasingly unstable financial markets should be used by potential investors to their advantage, a UK investment broker has said.Recent developments on the worldwide markets saw the FTSE 100 fall by 57.5 points to 6,058.7 at the close of trading yesterday, but knowledgeable investors could still find good opportunities to invest, according to Hargreaves Lansdown.The broker advises that equities remain an attractive prospect."We may see volatility this year â€" but we think that investors should use that opportunity to invest in the stock market weakness," said senior analyst at Hargreaves Lansdown Meera Patel."Equity income gives you both and income stream but it also gives you capital growth. If you are a young investor you can have the income but you can have it reinvested. It is all compounded and it goes into capital growth," she added."One characteristic of investment trusts is their ability to build revenue reserves which can mean reduced income volatility, despite the ups and downs of capital performance in any particular year," said Piers Currie, head of investor relations at Aberdeen Asset Managers, speaking last month.

Share this..

Related stories

Financial Guides

Financial Calculators

Our useful calculators can help you get your finances in order:



Latest News

Blogs

Helpful new tax year facts that could affect you and your money


Blog | Seven helpful new 2016/2017 tax year facts that could affect you and your money. Our recent online blog shares a brief outline on how to stay up to date.


Read more

Useful Links

Popular Searches

Please Enter More Details

 
Enter More Details
Continue