Those looking to dabble in stocks and shares should take heed of independent financial advisors' (IFA) investment predictions for 2006.
Fund managers have predicted the FTSE will grow in 2006, making it a good investment option while IFAs have said the small-firm sector is a sound investment prospect.
Annabel Brodie-Smith, communications director at the Association of Investment Trust Companies, added: "Investment trust managers are more optimistic than IFAs about the FTSE's prospects in 2006 but it's encouraging that both groups expect markets in general to rise next year.
Financial services providers have launched several products which are linked the the FTSE 100 and other indexes, giving those with several pounds to invest the opportunity to try their hand at investing in stocks and shares.
Most will guarantee a good return if the money remains invested for the the full term of the product, usually a bond.
"The overall view from both IFAs and investment trust managers looks pretty positive for the year ahead," said David Elms, chief executive of IFA Promotion.To read more about Banking News, click here.
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