Investors are rushing back into buying stocks and prices are now soaring: Know what to do

Investors are rushing back into buying stocks and prices are now soaring: Know what to do

Dubai: If you’ve been frustrated with your investments not growing more than 5 per cent on average in a year, you would be surprised to know that stocks worldwide have been rising twice as much in the past few months. But does this mean you should now move more savings into stocks? UAE-based veteran investors and stock market researchers widely recommend that it would be profitable for you to do so, with new data indicating that savers worldwide are already rushing to move their investments to stocks, and prices of their holdings have been rising as a result. “After high inflation, interest rate hikes and recession worries pummeled stocks last year, markets worldwide have since been rising given that these uncertainties have begun to wane in 2023,” said Brody Dunn, a UAE-based investment manager working for over 20 years in advisory services. “Stocks worldwide roughly gained over 10 per cent in the past three months, with the broadest index of world stocks of MSCI [a global provider of equity, fixed income, real estate indexes] rising almost 7 per cent in the last month alone. So it’s a good time for those looking to earn more profits.” Stock analysts have been