Investment & Savings
Investing your hard earned money is not something to be done lightly. Before we recommend an investment to you, we will carefully discuss your own unique circumstances, and your requirements – whether for capital growth or for income – and ensure that you have a solid understanding of what is involved.
We monitor and review your investments on an ongoing basis, to ensure that they remain consistent with your goals, and any changes in your attitude to investment risk.It is generally assumed that only cash is 100% safe, though the events of past years have sometimes tested even that assumption! Of course, the problem with holding cash is that interest rates are often so poor that real returns to investors can be low or even non-existent. Nevertheless, we believe that most investors should retain a significant proportion of their wealth in cash, for security and access.
Inflation however is one great enemy of investors, and it is generally considered sensible to invest more widely, in assets with the potential to achieve rates of return above inflation. Beware of the temptation to invest on the assumption that the past performance of an investment fund will necessarily continue. There are many factors to consider, and it is wise to diversify investments in order to spread risk – which is always present to some degree.
In our role as Independent Financial Advisers, we will help you to select suitable investments, to assist you in meeting your objectives. You should give careful thought as to what those objectives are; sensible investment planning begins with clearly understanding your investment aims.
Broadly speaking the longer that your money is to be left invested, (e.g. for retirement), the higher level of short term volatility is acceptable. If, however, the money will be needed in the near future (e.g. for a house deposit), then short-term safety is essential, and a cash deposit account would be more suitable.
We constantly research investment funds and, throughout the year, our advisers attend numerous investment seminars. This enables us to meet leading fund managers face to face, and assess their ability to look after your investments; and our own.
Taxation is another great enemy of investors, so your personal tax situation will always be taken into account when we advise you.
Long experience has taught us that great care needs to be taken when selecting from the literally thousands of investments and investment funds available. We have a strong preference towards recommending funds from large investment institutions, run by managers who have already been successful for many years, and in whom we retain confidence for the future.
Investing can be complex – and can certainly be risky. However, if it is done well, investment can lead to substantial improvements in financial circumstances and lifestyle. In short, we will help you to determine an investment strategy appropriate for your needs, using the investments best suited to your investment attitude to risk and tax position.