Running for gold? The long-distance investor
What are you best at? Running a sprint? Jumping a few hurdles? Or would you rather gear up for the long-haul with a marathon?
With the London 2012 Olympics in full speed UK investors are going for the long-distance rather than try to follow in Usain Bolt’s speed-lightning sprints, a poll by Barclays Stockbrokers showed.
Thirty-one percent of surveyed clients liken their investment strategy to a marathon ( “investing for the long term” ) and 34 percent to an heptathlon (“long term investment strategy which requires several different approaches.”)
Only 9 percent go for the 100 meter sprint (“spot investments opportunities and react with speed”) and 10 percent choose pole vault’s high-risk investment approach, while 16 percent are simply focused on clearing hurdles one at a time, the survey of 719 clients showed.
In a separate poll, answered by 468 of its clients, Barclays Stockbrokers asked: Thinking about the Olympics, which countries / regions have offered you the best investment returns?
- UK (London 2012) 56%
- China (Beijing 2008) 16%
- Europe (Athens 2004) 4%
- Australia (Sydney 2000) 9%
- US (Atlanta 1998) 14%
So maybe home advantage is the best approach after all?