Take the worry out of investing by saving regularly
Invesco Perpetual is urging customers to limit their investment risk by saving regularly either through its monthly savings plan or phased investment option.Rick White, Marketing Director, Invesco Perpetual says: "With tax year end approaching, this is a good time for investors to look at their 2006/2007 and 2007/2008 tax year investment strategy, both in terms of what they invest in and which method of investing is best for them. 2006 was an especially volatile year for the stock market, yet the FTSE 100 index still grew by 9.49 per cent over that year.”
While there are many investors who may prefer to invest the full £7,000 in an ISA as a lump sum, there are many people who could benefit from regular saving, whether they are cautious investors who wish to minimise risk by spreading the amount they invest, or investors who want exposure to the market but do not have the full £7,000 to invest in an ISA all at once. For those wishing to invest on a regular basis, Invesco Perpetual offers one of the lowest monthly minimum investments available - from £20 per ICVC fund.
White added: “Small amounts invested each month can really add up over time and this takes the pressure off individuals having to make a decision about exactly when to invest in the stockmarket. Historically, when markets rally they often do so very rapidly and individuals not already invested could miss out on the benefits of any upturn.”