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Making an investment now while the markets are depressed could be a wise move for an individual to make, it has been claimed, a venture which could be covered by a loan.

Putting away £100 a month is a good place to start when it comes to saving, says Meera Patel, senior analyst at Hargreaves Lansdown, although for people without such disposable finances, secured loans could be one way to obtain the cash.

Focus should not be on whether or not the period is long enough for a person to invest, she states, adding "if you can look at five years plus then the chances [are] that making an investment at this juncture could prove quite lucrative".

And ploughing money into a venture at "the maximum point of pessimism and fear in markets" could be an option for potential investors to take, Ms Patel concludes.

Research by the firm reveals that 58.97 per cent of people claim that the stock market will deliver high-value returns over the next three years.

But for those who would rather spend large sums of cash elsewhere, secured loans may also provide the funding for an extended holiday, a new car or expensive home improvements.