Setting the record straight

Lady drinking coffee thinking about investing 

Do you feel the world of investing is shrouded in mystery, only accessible to the super-rich? In reality, this isn’t the case at all. Let’s separate myth from reality… 

Research1 has highlighted why people are sometimes reluctant to invest, with the prime reason (cited by 45% of respondents) being they don’t think they have enough money. Just under a quarter of respondents (23%) feel they are not knowledgeable enough about investing and 21% are worried about losing money. 

These findings mirror a number of common misconceptions surrounding investing, one of which is that only wealthy people invest. While this may have been the case in the past, it is certainly not true nowadays, with investment options available for people with smaller sums to invest. 

You also don’t have to be a stock market genius and monitor your investments on a daily basis. Advice is readily available to guide investors throughout their investment journey, while taking a long-term approach is always advisable. 

Risk averse? 

All investing does involve risk – that’s true, but not all investments are similarly risky. Anyone who is concerned about losing money can adopt a more cautious approach by holding a higher proportion of less-risky assets in their portfolio. 

New to investing? 

Investing gives everyone an opportunity to potentially secure a higher return on their hard-earned money. We can help get you started. 

1HSBC, 2022 

It is important to take professional advice before making any decision relating to your personal finances. Information within this article 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.