Millions of Britons lack confidence with investing, survey shows
Gabriel Nussbaum on Saving vs Investing
Fewer than half (44 per cent) of British people consider themselves confident investors, with a significant gender disparity showing men are much more assured than women.
A survey by Aviva found that 61 per cent of respondents believe some individuals are “born investors” rather than developing the skill over time.
Nearly a third (32 per cent) of investors only ventured into the market later in life due to personal interest, and 42 per cent wished they could change past investment decisions.
Two-thirds (66 per cent) of those surveyed expressed a desire to change their attitude towards investing and build confidence, with this interest peaking among 18 to 24-year-olds.
Alistair McQueen, head of savings and retirement at Aviva, said that investing confidence is learned over time, suggesting that starting small and simple can help build assurance.
