Shared hosting don't matter. As long as you secure it and your host is decent they don't want their servers going down either.

All I ever hear is shared hosting is the problem. True it can be a problem but I wouldn't say they are any more hackable than any other.

These posts above me mention vps and dedicated but they are selling space/services which means they are sharing. So if they are not set right then they are saying they are vulnerable.

It comes down to watching your site, protecting see more it, securing it. All of this can be done at different levels with different hosting enviornments. Just because you have shared hosting doesn't mean you are more likely to be hacked.

I actually believe if you have a dedicated or vps and you don't know which files to edit you are more likely to be hacked because you are un-aware of server administration. Where as you shared host usually does know this and addresses them. There are many files that need to be tightened up in vps and dedicated environment, and if you don't know this, than all your accounts(shared) you setup will be affected by your inexperience.

So go with a top level shared host before a nobody dedicated or vps. Unless you can really verify.