Investors urged to invest in Isas without delay
Consumers mulling taking out an independent savings account should act now or risk missing out, experts have warned. According to a Anna Bowes of advisers AWD Chase de Vere, times of market volatility such as the present are an excellent opportunity to invest, because falling share prices mean that consumers can pick up bargains. However, rather than wait to pick up shares for the cheapest possible price, it is better to invest now or risk missing out altogether, she claims. Ms Bowes told the Observer: "If you hold out too long, you not only risk losing your Isa allowance for this tax year but could end up investing when prices are higher." Karen Ritchie of independent financial adviser Financial Planning for Women also recommended that investors enter the market without delay and urged them not to be fearful of the current turmoil in the markets. "Shares are for the long term, which in my view is seven to ten years, so you have time to ride out the volatility," she advised.
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