The exact same can be said of your investments if you do not review them and keep your portfolios up to date. What seemed like a great idea at the time may not be today. Many investors put their money away, choose funds with a 1 ,3 or 5 year time frame and then forget about them and put the documents in the draw only to be totally shocked at the end of the term when their investments have not met with their expectations, or at worst the fund has been suspended.
The best adviser in the world cannot claim to get it right all the time, but what they can do is make sure their clients are seen on a regular basis, updated with the performance of their funds and make the relevant changes to ensure their investments and are suitable in the current economic climate and, more importantly, continue to meet with your expectations.
I make it my number one priority to be always accessible to my clients and make sure I speak to each one on a regular basis to review the investments we have entered into.Do you receive a similar service?
In this current uncertain economic climate I would urge you to contact your investment adviser today and arrange a review of your own portfolio. The more people I speak to, the more I get the impression that they receive no on-going support/advice for the investments they hold. Do you feel like this?
This communication is for informational purposes only and is not intended to constitute, and should not be construed as, investment advice, investment recommendations or investment research. You should seek advice from a professional adviser before embarking on any financial planning activity. Whilst every effort has been made to ensure the information contained in this communication is correct, we are not responsible for any errors or omissions.
Throughout history, the month of August has usually been one where investors take a break and the financial markets lose some steam. However, 2020 is far from being an “usual” period in time, and the month of August recorded one of the most aggressive upward trends in some of the global stock markets indices.
During the last political year, we have been given statistic after statistic by politicians who sound like they know what they are talking about. They can, at times, sound very convincing and even believable. But how do we know what is right and what is not? The average person has no idea how much being a member of the EU costs per day. While even experts don’t know precisely how much the UK will save by not having to pay the EU after it exits the European Union.