Apparently, when markets dip or crash, only 0.4% of those who don’t use advisers and run their own portfolios via a spice-related website decide to cash in their investments. What does this tell us? That the investing public is street-wise, savvy and know they need to hang on in there and weather the storm? Or that most don’t notice until it’s too late and/or don’t bother? When in doubt, always go for the c— up rather than conspiracy theory, I’d say.
There is a school of thought which might say that, should you wish to revive and encourage investment in the UK Stockmarket, a starting point might be the reversal of Brexit.
What next is a much better couple (or more) of years ahead. If you have investments, you’ll have seen a pretty sharp ‘uptick’ since November after a pretty sharp ‘not much happening or going down’ since the beginning of 2022. We’ve said many times that when things move, they can move pretty quickly.
An extreme example of the dangers of DIY investing, admittedly. A gambling addict who’d given up, obviously before he’d gambled everything away, and had some money to invest.