Sunday, 18 November 2012

New Approach to Investing Gives Alternative To Bank Savings


In the UK, Some businesses are getting creative in order to serve the needs of customers that are not being served at the major banks. In Manchester, a new store is opening at the beginning of October, that will offer consumers the opportunity to make tangible investments; that will include diamonds, investment properties and even gold bullion. This development comes at a time when the mistrust of the UK banking system continues to remain high in the country and people are seeking other ways to generate profit on their investments. Banks are notorious for generating low returns and  the new business is hoping to offer investment opportunities that will deliver much higher returns over time giving the banks a run for their money. Or as in this particular case, an investor’s money.

There is a serious mistrust of the banking system in the UK at the moment and we've found that people want to put their savings in to something tangible rather than leaving it in an account that generates little to no return or putting in to stocks and shares which can be risky. This new opportunity allows people to make an investment in tangible, hard assets such as gold, property and diamond investments. These sort of alternatives to common investments have historically outperformed most other assets and they actually exist, which gives investors peace of mind. Furthermore, the innovative approach looks to provide customers with a more hands on experience when it comes to investing their hard-earned money and hopes that a brick-and-mortar presence will entice investment-seekers to come in and discover the possibilities for their money’s future.

New businesses such as this are going to continue to spring up all over the market, providing alternatives for confused investors when it comes time for them to decide, where they want to entrust their life savings. The recent banking scandals that have driven many international markets into recession, have encouraged more competition in the banks and inspired more investment opportunities. This new venture is a perfect example of how the free-enterprise market works, to provide consumers with viable investing options and let them decide what is best for them. Some say the banks are getting what they deserve. It is called healthy competition.

5 comments:

  1. Alternative investments are becoming popular now because the traditional options have been flat across the board in the last five years. Investors are smart enough to know better than to put their money into investments that are simply not making money. Recently the traditional investments just haven’t delivered what investors look for in the first place. Profits.

    ReplyDelete
  2. Who can blame the citizens of the UK for not trusting their major banks anymore? They put the future of their whole economic system in danger with their mis-guided investments they made in the past. Healthy competition in the investment and banking industries should go a long way to preventing that from ever happening again.

    ReplyDelete
  3. There was a time when the major banks had little or no competition in the market. That is all changing due to the recent global financial scandal caused by the major banks and their ill-advised investments in the first place. Both consumers and the global free-enterprise market itself will be better off in the future.

    ReplyDelete
  4. It’s good to see that in the UK the major banks are finally getting some competition in the market place. Some people might say they are getting what they deserve. Others say the people are finally getting what they have always deserved in a free-enterprise market system. Healthy competition in the financial mark sector.

    ReplyDelete
  5. The latest financial fiasco in the west just proves what happens when there is too much concentration of power in any one sector. When one of the few fail, they are all in danger of collapsing. In the case of the major banking industry, when this happens it puts the whole global economy at risk. It’s time for change. It’s about time there was more competition.

    ReplyDelete