Now is the time to consider investments, says expert
20/03/2007
Now is a good time for investors to look at their 2006-07 and 2007-08 tax year investment strategies, according to Rick White, marketing director at Invesco Perpetual.
With the end of the current tax year approaching, people should consider which investments they want to make and what methods are best to use, he states.
Mr White also suggests that despite 2006 being a "volatile year" for the stock market, the FTSE 100 index still grew by 9.49 per cent.
Invesco Perpetual reveals that many people can benefit from regular savings rather than investing their full £7,000 allocation into an individual savings account (Isa).
The company also indicates that cautious individuals may prefer to spread the amount they invest.
"Small amounts invested each month can really add up over time and this takes the pressure off individuals having to make a decision about exactly when to invest in the stock market," Mr White remarks.
"Historically, when markets rally they often do so very rapidly and individuals not already invested could miss out on the benefits of any upturn."
Research undertaken earlier this month by Fidelity International found that one in four Isa investors are unsure where to place their investments for the 2007-08 tax year.
With the end of the current tax year approaching, people should consider which investments they want to make and what methods are best to use, he states.
Mr White also suggests that despite 2006 being a "volatile year" for the stock market, the FTSE 100 index still grew by 9.49 per cent.
Invesco Perpetual reveals that many people can benefit from regular savings rather than investing their full £7,000 allocation into an individual savings account (Isa).
The company also indicates that cautious individuals may prefer to spread the amount they invest.
"Small amounts invested each month can really add up over time and this takes the pressure off individuals having to make a decision about exactly when to invest in the stock market," Mr White remarks.
"Historically, when markets rally they often do so very rapidly and individuals not already invested could miss out on the benefits of any upturn."
Research undertaken earlier this month by Fidelity International found that one in four Isa investors are unsure where to place their investments for the 2007-08 tax year.
