When spending opportunities fell during the pandemic, many people increased their investment contributions. Now, travel, leisure and hospitality spending are recovering, but the investing buzz looks set to continue.
Don’t stop investing
A poll (6) has revealed that 76% of UK investors plan to keep their lockdown habits now restrictions have eased. Notably, half of respondents will reduce everyday spending in order to continue investing the same amount or more.
On average, investors intend to contribute 19% more each month than during lockdown. This figure is even higher for younger generations (36%). In contrast, just 6% plan to reduce their contributions.
The pandemic spawned a new generation of investors. Some analysts assumed this was a temporary craze, but these findings seem to indicate a more permanent shift in the UK’s attitude towards investing. The recent rise in investing is also aided by the backdrop of rock-bottom interest rates.
Get started on your investment journey
While it is never guaranteed, investments have historically delivered better returns than savings over the long term. We can build a diversified portfolio aligned to your risk profile.
(6) Barclays Smart Investor, 2021 76% of UK investors plan to keep their lockdown habits now restrictions have eased
It is important to take professional advice before making any decision relating to your personal finances. Information within this page is based on our current understanding and can be subject to change without notice and the accuracy and completeness of the information cannot be guaranteed. It does not provide individual tailored investment advice and is for guidance only. Some rules may vary in different parts of the UK.
Equity release will reduce the value of your estate and can affect your eligibility for means tested benefits.
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The value of pensions and investments can fall as well as rise. You may get back less than you invested.
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