‘Why take the risk?’ Readers push back on Rachel Reeves’s savings shake-up

RAchel Reeves’ plan to encourage savings to move cash to investments, especially when when when when or when when or for the risk of appetite has created a live reader reaction.

Many commentators questioned the wisdom of calling people to the stock market by arguing that fixed-interest savings accounts and tax exempts already offer 4-5 percent attractive return and none of the potential losses already offering 4-5 percent attractive returns.

“Why would I want to invest in something that can lose money?” a 78 -year -old retired, summarized a commonly shared feeling.

Others drew attention to personal experience with their low -performance stocks and shares, and at a later stage of life, there was no time to get rid of a market decline.

Nevertheless, several acknowledged that you could benefit from regular investments, provided that young preservatives with disciplined preservatives have obtained the right guidance.

Here is what you have to say:

Not worth anxiety

Investment products are not for everyone, especially for people who cannot meet high -level financial recommendations. Every time the markets performed, I had a mortgage that only invests me, which kept me awake for years. Finally, we made money while the markets were working quite well and paid a mortgage 8 years ago. To be honest, it wasn’t worth anxiety and sleepless nights for 17 years. Therefore, carefully think about what kind of risk flexibility you have and if your investments are performing low or if you lose all of them, or you will carefully deal with how you lose a significant part of your money. For me personally, never again. I feel safer with my cash ISAs and sleep much better for now!

Cecinha

Do you carry your savings to investments for a greater return chance, or are you dependent on cash safety? Let us know Comments under.

I wouldn’t take risks

Each of them is for themselves, but if I have a good amount of money to invest, then I always fix it with a high street bank that is always in the UK and protects 85 thousand pounds of funds and protects my homework first, controlling good customer service.

High Street banks offer interest rate returns because most banks are closed, although they are claimed to “meet their costs”. But there are many other banks that can give you a good ratio.

For me personally, if it’s a good money, I don’t take the risk of investing in stocks and stocks.

But it’s just me. If you are rich and if you can afford to take risk and loss, then continue.

Amy

Risk factor

I have a friend who is much better than me, but there’s no scooby about all these things, so he’s just sitting in his bank. It was not just a fussy when I said it was just an investment or another thing that it was an investment or something else. He said he didn’t like the risk factor and he was just happy to be happy to be somewhat interested and found it all in his hand if he needed it.

If people are not really interested in investing because of risk, I really don’t really see what you can do to convince them. I feel that this is an increasingly unlucky Reeves’ idea of another DUFF.

Elsie D

Optimistic

It is quite optimistic to assume that there is a 9 percent return.

Years ago, it was recommended not to make long-term plans based on a return of more than 5%-this will double your money in a slightly below 15 years and will take it to four times in 33 years-it will discuss something higher as an unexpected bonus. This advice has served me well for more than 40 years.

Yorkshireman

Remember the warning

Remember the warning: “Your capital is at risk and you may not be able to get back the amount you invest.”

Do you remember the ads asking if you will lose money in stocks and stocks? I know people who lose or do not do anything in their portfolios. Remember that Labour will want to tax earnings.

Samuel Smith

People do not understand their risk tolerances

Most people do not understand their own risk tolerance and should not put money on beings that they are not comfortable to see 30-50 percent horrifying. So non -financial consultant Reeves gives bad advice.

Peak

There are much more attractive places for investment

The problem for Reeves is that there are much more attractive places to invest. For me, Nasdaq has been the only place in the last 10 years. Some UK stocks have become attractive in recent years due to cheap values – because of the lack of trust and the flight of deep money pools from the UK, because of the wrong managing the Brexit and the Babuns that make the economy dust.

I hope Reeves will succeed – there is no political alternative.

Notredorblue

My stocks and shares have grown

A year later, my stocks and shares grew in a total of 1.28%.

Stocks can dive very quickly and can take their age to jump back.

Samuel Smith

Relaxing arrangements

Rachel Reeves are relaxing arrangements introduced after 2008 to prevent another financial collapse. Therefore, I would be very cautious about investment.

Stidww

Don’t buy a car … Investment

Many people use their collective sums to buy a car or camper minibus when they retire. This is serious money thrown into a rapidly destroying being. Just buy an old banger and deposit the money on the stock market.

Pomerol95

Why would I want to invest in something that can lose money?

I am 78 years old, there is not enough pension and no mortgage.

My savings are approximately 50 percent in fixed-time ISAs that earn approximately 4-5 percent of tax exempts.

There is an emergency funding for instant access. The remaining savings earns 4.55 percent or more.

Why would I want to invest in something that can lose money?

Tony Cave

No time

If you are “in your later years”, you don’t have time to wait for the falling stocks and shares to rise again. There is a stock and stock for more than 15 years, an average of 15 years, a cash has not been better than Jesus.

Heather

Risk profiles

If you get yourself a respectable financial advisor (check your qualifications), they will make a risk assessment for you and accept your risk profile before deciding where to invest.

We have a relatively modest amount of a moderate risky amount of ‘platform’, but we went to moderate/low because we are currently continuing – we reserved time to get rid of the bad, unexpected events that caused sudden decreases in sudden value (eg. Covid, Russia invading Ukraine).

I woke up

Keyword ‘can do’

And keyword it could be. Investment it could be Unless the government does not overcome losses, the increase in value can only be reduced.

revive

Is the public expected to fill the investment gap?

Does this mean that the big investment in the British economy is so low? The government is restingrating to encourage the people of this country to fill the gap.

Claudia

Jump

If they don’t put the money in a better savings account, I suspect they’re making a jump. This law would be appropriate to at least the interest rate should be sufficient – this law.

TIRTA

Twenty years of investment has been a long time

Twenty years of investment has been a long time. During this period, companies can go bankrupt, geopolitical turmoil and wars can affect investments, and services and products may be old due to destructive technologies.

Vision

Some comments are arranged for shortness and clarity for this article.

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