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As a result of being a bit obsessed with fool.com around the turn of the millenium I invested some money into Index Funds. I still have these investments now an
by kerrsclyde 3y ago
As a result of being a bit obsessed with fool.com around the turn of the millenium I invested some money into Index Funds. I still have these investments now and they have tripled in value.
My wife and I have made far more money via house sales however, due to the rise in UK house prices in recent years.
I'd agree most people I know don't directly invest in the stock market. You use to hear much more small talk about stock market investing 20 years ago than you do now.
Maybe:
Less money to invest (price of housing / cost of living etc)
Difficulty focusing on the longer time frame required for stock market investing
Big push in the UK on investing into pensions
- noduerme 3y agoThis is a really interesting perspective. Yes, your reasoning seems sound. I'm in the States - I would have assumed that the UK would be a much trickier place to invest in real estate than here. It definitely seems to be a world-wide trend for people to stop planning long term futures and start betting on whatever crypto or other bubble seems hottest. Having tripled in value I assume you're happy with your mutual funds; but that's not where you're going as a long-term strategy? And if not, why?