You are here: Home - Investing - Experienced Investor - News -

2015: Reasons to be cheerful

0
Written by:
31/12/2014
For the optimists out there, here are eight reasons to be cheerful about your financial prospects in 2015.

For the optimists out there, here are eight reasons to be cheerful about your financial prospects in 2015.

1) The oil price – At the time of writing, the oil price around half its level of a year ago. Lower fuel costs mean lower energy bills and more money in everyone’s pockets. It’s also good for the economy – particularly in energy-dependent, consumer-focused economies such as the US.

2) Stronger global economic growth – despite some of the more inflammatory headlines this year, the global economy is still improving. The IMF is predicting growth of 3.8 per cent for 2015 and areas such as the US, and even our very own UK economy, look particularly strong.

3) Quantitative easing – The laggard economies such as the Japan and Eurozone may have the potential to derail global economic growth, but they should benefit from central bank action such as quantitative easing.

4) Lower interest rates – there has been an almost complete absence of inflationary pressure across the globe. Partly this is down to the oil price, but it means that there is little pressure on central bankers to raise interest rates. This means lower mortgage and other debt repayments, and more in the pocket of consumers. Again, this is good for the economy and good for individuals.

5) Pension changes – the pension changes come into effect this year, meaning individuals can structure their retirement planning with a great deal more flexibility and freedom.

6) Isa choices – investors not only have higher limits for their Isas, they are also likely to have more choice as to what they put in them. For example, peer to peer lending options may finally come to the market this year.

7) (Selectively) cheaper valuations – there are certain parts of the globe where stock market valuations now look very cheap. Emerging markets, Europe or Japan, may not look immediately attractive, but at least investors are being asked to pay very much to invest.

8) Volatility will create opportunities – volatility always sounds like a bad thing, but it can create opportunities to buy into stock markets at lower valuations.

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Are you a first-time buyer looking for a mortgage?

Look no further, get the help you need by searching for your perfect mortgage

Five ways to get on the property ladder without the Bank of Mum and Dad

A report suggests the Bank of Mum and Dad is running low on funds. Fortunately, there are other options for st...

The essential Your Money guide to the April 2018 tax changes

As we head into the 2018/19 tax year, a number of key changes take place to existing policies while some new i...

A guide to switching energy provider

All you need to know about switching from one energy supplier to another.

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Having a baby and your finances: seven top tips

We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...

YourMoney.com Awards 2018

Now in their 21st year, our awards recognise the companies offering the best products and services to consumers

Money Tips of the Week

Read previous post:
2015: Reasons to be fearful

Feeling gloomy? Here's ten reasons to batten down the hatches in 2015.

Close