Reporting Accounts - news and updates
Hargreaves Lansdown
In today's episode Adrian our in house financial expert discusses the news from Hargreaves Lansdown today that they attractive growing numbers of younger investors. There are many factors behind this trend, interest rates are very low in the UK at the moment and during the lockdown spending has been lower than normal meaning people have more savings available for investment.
The lockdown also means there is less travel and commutting which means more time available to research and investigate investment options. This trend is welcome as the UK population is living longer and the stock market is a key source of funding for companies, direct investment get younger people more engaged with the economy.
The only concern being that younger investors means less experienced investors and that may lead to issues as the current times are very turbulent in terms of rises and falls of stocks and shares.
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