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?
Despite the protestations of expats in the Netherlands, expat financial advisers and business leaders, the Dutch cabinet recently announced that it would proceed with plans to reduce the favourable 30% expat ruling from eight to five years.