The recent boom in retail investing is here to stay
According to Barclays Smart Investor survey, UK investors are planning to increase their monthly investments by 19%, despite this week’s easing of restrictions.
The recent poll of over 2,000 UK investors unveiled that 76% of respondents are planning to continue their lockdown investing habits. Meanwhile, only 4% of first-time pandemic investors giving up once the world re-opens.
According to data, appetite to continue investing is unlikely to dip in the months ahead, with half of UK investors aiming to cut back on other spending, so that they can continue to invest the same amount or more than in lockdown.
This has increased from 43% when the same question was asked in March 2021.
At the same time, only 6% of UK investors plan to reduce their monthly investments, citing holidays, weekends away, days out and eating out at restaurants as the top reasons.
We’ve reported that young Scots remain positive about finances amid coronacrisis.