To grow your money, there are several investment methods that are popular in France and elsewhere. But for a large part of the French, investing is only possible if you have a fairly good starting capital.
Between May 24 and 31, OpinionWay conducted a survey (for investment solutions provider BlackRock) among a number of French people.
The purpose of this research is to determine the population’s vision of investments.
Thus, according to this study, 72% of respondents believe that for financial savings it is necessary to have precautionary savings.
For 46% of French people, the ideal is to have a comfortable retirement so that they no longer have to worry about finances.
On the other hand, 31% of the respondents in this survey believe that owning your own home greatly contributes to financial security.
Finally, when it comes to savings, 39% of the French believe that a savings plan into which regular payments are made also provides back protection in the event of an unforeseen event.
In addition to the preferences of the French, the survey also reveals that 48% of respondents say they have already invested money, compared to 20% who want to do so in the future.
Men and young people invest the most. 67% of French people between the ages of 18 and 24 who were questioned as part of this survey reveal that they have already invested.
Among people aged 25 to 34, 74% of them state that they have already decided to invest money.
However, despite this significant number of French people who have already invested (or want to do so), the vast majority believe that you need to have a good financial fund to start investing.
In particular, according to the results of a survey conducted by OpinionWay, many French people set a minimum investment amount of 8,721 euros on average.
Almost one in four French people must have at least 5,000 euros saved in order to invest.
The French are not very happy with their finances
Although today there are many grants that allow you to start investing with small amounts of money, only 10% of the people surveyed in this study believe that it is possible to invest less than 100 euros.
Furthermore, the research highlights another problem: the complexity of financial products. Clearly, 82% of French respondents admit that they have great difficulty with the complexity of these products.
Moreover, 77% of respondents believe that they do not understand the mechanisms of finance. It is the lack of understanding that creates the fear that we will be destroyed.
81% of French express fear of being seen their investments disappear.
