The rewards to be had by buying and selling stocks at just the right time are obvious. Everyone wants the best possible returns. But nobody has a crystal ball, no matter what some experts might tell you.
The very nature of global markets means that they can change quickly. With that comes risk, especially the risk of getting things wrong.
Logic Wealth Planning sits down with clients and discusses the importance of fully understanding risk. We are all different, with different goals and objectives.
Choosing what level of risk you are comfortable with helps you to plan. That means identifying a goal that will be achieved over many years, not by short-term gambles.
Under pressure, however, when others make investment changes, it’s hard not to act. After all, we all want to protect what we have spent time building up. Seeing markets drop quickly concerns anyone who is invested.
Making the wrong choice at the wrong time could mean long-term pain. Pulling out of certain markets because prices have fallen could mean missing out crucial periods of growth.
This fascinating infographic HERE highlights the importance of staying invested during a time of stock dips and negative publicity. The chart shows how much could be lost if you have pulled out of an investment.
Markets do recover. How long that recovery takes can vary, and it can happen over several periods. The last thing you need is to miss any of the substantial periods of growth.
Please be aware the value of investments or income from them can fall as well as rise. We’re here to help you make informed decisions as you put important things in place for you and your family.
Call us on 0808 1234 321 or email email@example.com to discuss any aspects of wealth planning, risk and investing during uncertain times.
* Logic Wealth Planning provides independent financial advice in Manchester, Bury, Rochdale, Cheshire and the surrounding area, but not limited to the region.