The ING Investors Barometer, which measures investor confidence every month, has reached 120 this month, which is a significant improvement compared to last month (104).
Simon Wiersma, investment strategist at ING, thinks that the improvement on the barometer is mainly a result of the considerably improving stock market:
“Of course it is good for the confidence that the economy is still running smoothly, but this jump in the barometer is mainly due to with the fair. The financial markets are doing well in the first months of this year. “
The big difference with consumer confidence is striking. The average Dutch person is bleak, especially because their own financial situation is assessed negatively for the coming period. Investors have more courage: more than a third of investors (37%) have seen their own portfolio increase in value over the past six months. A majority (52%) also expects the value to continue to rise.
Investors must focus primarily on the long term, as is the motto that financial advisers use. And investing for your own pension is usually such a long term. Nearly half of the investors are looking for opportunities to supplement their own pension. Most popular measures are savings (59%), mortgage repayments (49%) and extra investments (38%), according to the survey among investors.
The same investors are not very enthusiastic about the current cabinet: the report figures are 5.7.
Oliver I. Kjeldsen has a corporate finance and extensive expertise in company audit. He grants us amazing insights on taxation, international affairs and friendly advice on nearly any topic of interest. His email is oliver.kjeldsen@economicinform.com
