Don’t rock the boat
Bumpy waters? Feeling like it’s time to steady the ship? No matter what your opinion is, we think we can all agree that it hasn’t been plain sailing when it comes to UK politics in 2019.
At times like this, investors often start to feel uneasy about what might happen to markets and the effects on their portfolios – but it could be the worse time to rock the boat.
Enough of the analogies – how about some sound investment advice instead? We’ve said it before, probably a million times, but we’ll say it again. A long-term approach to your investments, and the ability to keep your emotions in check, will go far.
Our job as advisers is to show you what the evidence suggests is the best approach. As you’ll see in the blog below about Boris taking the PM post – 12 prime ministers across 60 years didn’t stop £1 invested in the UK stock markets growing to nearly £1000.
You might feel like you have more questions than answers at the moment, especially with Brexit still looming. But if there is one thing we know, it’s that political events are not linked to long-term stock market performance.
At times like this we’re here for our clients to help them keep their cool and make educated moves when it comes to their portfolios.
We wanted to highlight two blogs we’ve written in the fairly recent past that can hopefully provide you with peace of mind and the evidence to support our thinking:
New PM, new investment approach? Not on our watch! – back in July we wrote about Boris taking to the stage as PM and how trying to predict what would come next for the markets was complicated and unnecessary. Little did we know this piece would be relevant again now. Find out more here.
Guiding Principle 6: Control your emotions and think long-term – this blog discusses the emotional side to investing, how negative media coverage can sway thinking, and the evidence behind not acting on impulse. Take a look.
If you’re feeling uneasy, don’t let worry get the better of you! Pick up the phone and chat to us – we’re here to help.