Right. Before we start -
The value of your investments can go down as well as up and you may not get back the full amount invested. Your capital may be at risk.
Let everybody understand that. Please!
Okay, okay. What's this, uh ... all about, dear reader(s)? 'Tell them!' It's a PR email, my friend(s)! 'Yippee!' Yes. Thank you, Voice. And this isn't an endorsement, by the way. 'Oh.' I don't do those. / Okay ...
As a nation, we take risks everyday however when it comes to our finances we often remain cautious according to a new study from Investec Click & Invest. The research which polled both investors and non-investors (with at least £10k in savings) found that while taking financial risks can positively transform people’s lives, over half of people (52%) don't make the decision to do so. For many, emotional barriers such as anxiety prevent them from making these decisions.
Fair enough. I mean, I know I'm cautious with money. 'Ha!' What, Voice? 'You're as cautious as Rod Stewart, you are, boss.' Shut up, idiot!
However, taking risks can have huge emotional impact, particularly financial risks. Women are generally more cautious in taking financial risks; a third (31%) feel anxious making these decisions in comparison to 21% of men. Feelings of nervousness are common between men and women with 29% and 21% comparatively. A sixth of women (17%) feel scared taking these risks (in contrast to 7% of men). Men generally view risk more positively, a fifth (20%) believe taking financial risks makes them feel in control (compared to 13% of women) while 17% of men feel confident taking these risks (compared to 7% of women).
Confidence, knowledge and experience are the key barriers to taking risks; a third of women (31%) believe lack of confidence holds them back from taking risks while fear of the unknown holds 35% of people back. A quarter (25%) believe lack of knowledge is a key barrier while some people are just happy with their lot; 31% believe they are happy with their life so don't want to take any more risks.
Yeah. Also, it should be pointed out that men can be absolute idiots with money. Look at Andy Capp! His poor wife, Flo, struggles to keep the house going, while he's either in the pub or the bookies - and no one can remember the last time he had a job! / Anyway, there's a lot of this email, you know, about how some people regret taking risks and that. It's obvious what's going on, so I think we'll just finish with a quote from our Jane -
Jane Warren, CEO, Investec Click & Invest comments: "Taking risks, particularly when it involves making big financial decisions can be really intimidating. But what our research has shown is that "taking the leap" to invest can pay dividends. Especially when it comes to achieving some of those key goals in life such as getting on the housing ladder and making provisions for the future. At Click & Invest we believe more needs to be done to educate potential investors about the benefits of investing so that it doesn't always feel like a giant leap and is an educated decision. We are passionate about empowering people to make these decisions and to begin improving their financial futures."
Okay, okay. Thank you, Jane. We'll take it under advisement.
...
Anything else? Music? Guitar? I've been changing the way I hold the guitar lately, hand positions and the like, chords, the pick, so it all looks more professional. And it's easier and healthier, you dig? But it means another delay, obviously, getting rid of these bad habits, so ... Christ knows, yeah? I'm not worried about it. Elon had trouble with his rockets, and the cars, and the battery packs, and everything else. But you've got to keep going, man!
Laters.
The value of your investments can go down as well as up and you may not get back the full amount invested. Your capital may be at risk.
Let everybody understand that. Please!
Okay, okay. What's this, uh ... all about, dear reader(s)? 'Tell them!' It's a PR email, my friend(s)! 'Yippee!' Yes. Thank you, Voice. And this isn't an endorsement, by the way. 'Oh.' I don't do those. / Okay ...
As a nation, we take risks everyday however when it comes to our finances we often remain cautious according to a new study from Investec Click & Invest. The research which polled both investors and non-investors (with at least £10k in savings) found that while taking financial risks can positively transform people’s lives, over half of people (52%) don't make the decision to do so. For many, emotional barriers such as anxiety prevent them from making these decisions.
Fair enough. I mean, I know I'm cautious with money. 'Ha!' What, Voice? 'You're as cautious as Rod Stewart, you are, boss.' Shut up, idiot!
However, taking risks can have huge emotional impact, particularly financial risks. Women are generally more cautious in taking financial risks; a third (31%) feel anxious making these decisions in comparison to 21% of men. Feelings of nervousness are common between men and women with 29% and 21% comparatively. A sixth of women (17%) feel scared taking these risks (in contrast to 7% of men). Men generally view risk more positively, a fifth (20%) believe taking financial risks makes them feel in control (compared to 13% of women) while 17% of men feel confident taking these risks (compared to 7% of women).
Confidence, knowledge and experience are the key barriers to taking risks; a third of women (31%) believe lack of confidence holds them back from taking risks while fear of the unknown holds 35% of people back. A quarter (25%) believe lack of knowledge is a key barrier while some people are just happy with their lot; 31% believe they are happy with their life so don't want to take any more risks.
Yeah. Also, it should be pointed out that men can be absolute idiots with money. Look at Andy Capp! His poor wife, Flo, struggles to keep the house going, while he's either in the pub or the bookies - and no one can remember the last time he had a job! / Anyway, there's a lot of this email, you know, about how some people regret taking risks and that. It's obvious what's going on, so I think we'll just finish with a quote from our Jane -
Jane Warren, CEO, Investec Click & Invest comments: "Taking risks, particularly when it involves making big financial decisions can be really intimidating. But what our research has shown is that "taking the leap" to invest can pay dividends. Especially when it comes to achieving some of those key goals in life such as getting on the housing ladder and making provisions for the future. At Click & Invest we believe more needs to be done to educate potential investors about the benefits of investing so that it doesn't always feel like a giant leap and is an educated decision. We are passionate about empowering people to make these decisions and to begin improving their financial futures."
Okay, okay. Thank you, Jane. We'll take it under advisement.
...
Anything else? Music? Guitar? I've been changing the way I hold the guitar lately, hand positions and the like, chords, the pick, so it all looks more professional. And it's easier and healthier, you dig? But it means another delay, obviously, getting rid of these bad habits, so ... Christ knows, yeah? I'm not worried about it. Elon had trouble with his rockets, and the cars, and the battery packs, and everything else. But you've got to keep going, man!
Laters.
