Asset classes, by their very nature, change over time. For years, stocks and shares were the way to invest for the safest and best returns, before later being taken over by gold, and then ISAs, in terms of popularity.
However, in recent years, property has become more popular. Its ability to stand resolute in the face of recession and bounce back after the bursting of its bubble in early 2008 showed investors that property had a long-term staying power that made it an excellent investment option.
But times are changing again, with the political uncertainty inherent across the globe now meaning that no one is exactly sure what the future is like for financial markets and investments. With this in mind, Experience Invest surveyed members of the British public to see what their sentiments are towards various asset classes
So, is property still as popular as it has been in recent times? In short, the answer appears to be yes. When asked what they would invest in if they had between £50,000 and £100,000 to spend, nearly a third (31 per cent) of the public said they would be buying property assets.
This shows that property is by far still the most popular asset class among investors, who still see it as a very safe option, even at a time when uncertainty reigns. Perhaps the market’s proven ability to withstand adversity has placed it in a good position in this regard.
Coming in second to property was ISAs, with just 11 per cent of respondents saying this would be their preferred investment option, while third place went to gold with nine per cent. Other notable options included stocks and shares, which accounted for six per cent of answers, and start-up businesses, which five per cent said they would look at.
Interestingly, the survey also showed not just the strength of property in general, but the British property market specifically. It may be facing a tumultuous time, but the majority of people still prefer British stock as opposed to overseas alternatives, with only eight per cent saying they would look to property in other countries as a new investment option.
Survey shows that property remains the most popular option for British people when it comes to investing money, thanks to strong returns and profits.