He will tell you that the long term matters, fluctuations in the market, though worrying at the time can actually work to your benefit. The time horizon may be as long as ten years, but this will depend on what the individuals aims are.
Diversification is key to investment management, looking to offset risks in different areas of the market to allow for checks and balances to your portfolio.
It’s well known that Markets react to sentiment, so stocks can fall if a company reports worse than expected results, or sometimes the whole market can fall at once on negative economic news. Trading stocks and shares also costs money, so moving in and out of positions quickly will seriously eat into your returns over time.
The use of a Financial Adviser is important as most DIY investors tend to stumble from one idea to the next with no clear strategy. As long as you trust the manager and what they are trying to achieve, you will make your initial choices very carefully, advised by them and then stick with those investments for the long term.
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.
Located at the Southern tip of the Iberian Peninsula, the British overseas territory of Gibraltar looks South over the confluence of the Mediterranean Sea and the Atlantic Ocean. This small but strategically important isthmus of land, is home to over 32,000 people in just 6.7 km2 (2.6 miles2) of land. As a British crown dependency, the laws and language are those of the United Kingdom, but Spanish is also widely spoken along with the hybridised form of the two known as Llanito. Due to its location and close links with the UK, Gibraltar has long been a favoured destination by British expats looking for sunnier climes and an attractive tax regime. Although it’s not quite as well-known as some other offshore territories such as Monaco and the Cayman Islands, Gibraltar tax rates make it a very attractive choice for anyone looking to relocate within easy striking distance of the UK and Western Europe.
Living on the Costa del Sol comes with many benefits. But it’s not just the warm weather which makes it attractive to British expats or the fact that Blacktower has a team of expert financial advisers located in Marbella. No, there’s plenty more to Spain than it’s Sunshine Coast.