Robert Tannahill: Worried about markets? Let's meet Fred

When patience is prudent

clock • 4 min read

When markets are misbehaving, as they currently are, it can be a useful exercise to take a step back and remind clients - and ourselves - of the bigger picture, writes Robert Tannahill.

While the headlines will always focus on the issue of the moment, what matters more to us than the exact outcome of Brexit or Donald Trump's next tweet is the quality of the assets we own and how we deal with the inevitable tough periods. To illustrate how we think about this, let's meet Fred. Fred retired in October 2017 after 50 years of working. A decade before his retirement, he had £100,000 in savings and, after much deliberation with his adviser, he decided to invest into the stockmarket. Unfortunately for Fred, his timing was not the best as he chose to invest his money on 12 O...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

Bank of England cuts interest rates by 25bps to lowest level in 18 months

Bank of England cuts interest rates by 25bps to lowest level in 18 months

First MPC meeting of the year

Sorin Dojan
clock 06 February 2025 • 3 min read
Trump's realised tariff threats sends markets and currencies into a tailspin

Trump's realised tariff threats sends markets and currencies into a tailspin

US sets sights on EU next

Eve Maddock-Jones
clock 03 February 2025 • 2 min read
2025 investment trends: The updated reality in wealth management

2025 investment trends: The updated reality in wealth management

'The future of wealth management will lie in personalisation'

Julia Khandoshko
clock 16 January 2025 • 4 min read