A survey by the Association of Investment Trust Companies has found that 70% of active investors plan to use their 2006 ISA allowance, up from 57% last autumn. Of these, 49% said that they intended to put their Isa money into shares. Thirty four per cent of the 54% of investors who want to increase their stock market exposure this year said that their biggest worry is the threat of a UK economic slowdown, while 36% feel optimistic about the stockmarket.
The Association believe that confidence has been increased by the strong performance of the markets.
Our view
When markets are up - people invest - THIS IS THE WRONG TIME to do this. Remember buy low sell high. If you invest when the market has already grown - you have missed the boat.
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