This BNN Survey sponsored by Standard Life provides some excellent information.
The recession has rattled investors’ faith in stocks and in their investment advisors, according to an exclusive and revealing survey conducted for BNN this fall. The survey, sponsored by Standard Life, polled more than 1,000 active and passive investors across the country between October 8th and 14th.
Here are some of the key findings:
The events of the last year have made many investors uncertain about investing in stocks compared to other options such as bonds or real estate. There is faith in the markets but there is uncertainty as to whether stocks are really the best place to invest. Half of retail investors have invested less in the markets than they otherwise would. That said most expect their investments to make solid gains over the next 12 months.
Financial planners, advisors and brokers have taken a hit to their reputations over the events of the last year, but a small one. Many investors still have confidence in the services they receive.
Click here to read the rest of the BNN Survey sponsored by Standard Life