Strategy for Investing Through Life’s Changes
- Posted by:
- Admin
- Tags:
- Investment planning, Financial planning
- Posted date:
Investing through a life change calls for a review, but does not automatically require immediate trading. Establish what has changed about income, spending, access needs and responsibilities. Then decide which parts of the plan need updating and which still serve their original purpose. A new job, a child, divorce, bereavement or an inheritance can alter several assumptions at once. Prepare a fresh balance sheet and monthly budget. Separate urgent...
Posted by:Admin on: Read More
Understanding Investment Risk
- Posted by:
- Admin
- Tags:
- Investment planning, Financial planning
- Posted date:
Investment risk is the possibility that your money will not achieve what you need from it. Falling prices are part of the picture, alongside inflation, restricted access, concentration, currency movements and fraud. Understanding these differences helps you assess a portfolio more clearly than a single risk label. Volatility describes movements in market prices. A temporary fall is uncomfortable, while business failure or an unsuitable product can...
Posted by:Admin on: Read More
Building an Investment Plan Around Your Life Goals
- Posted by:
- Admin
- Tags:
- Investment planning, Financial planning
- Posted date:
An investment plan should start with what the money needs to achieve and when you will need it. Put a cost and date against each goal, protect spending that cannot wait and choose investments after deciding how much uncertainty each objective can tolerate. Building wealth is an ambition, but it provides little basis for selecting investments. Setting aside £40,000 in today's money to reduce working hours in twelve years gives you an amount, date...
Posted by:Admin on: Read More