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

Why investors 'can't outrun' slow-moving demographics

Why investors 'can't outrun' slow-moving demographics

'Demographic change is a key megatrend'

Darius McDermott
clock 07 March 2024 • 5 min read
Spring Budget 24: Ten key takeaways from Jeremy Hunt's speech

Spring Budget 24: Ten key takeaways from Jeremy Hunt's speech

British ISA, Office for Budget Responsibility, tax cuts

Valeria Martinez
clock 07 March 2024 • 4 min read
Spring Budget 24: Chancellor unveils long-term UK growth plan

Spring Budget 24: Chancellor unveils long-term UK growth plan

Includes British ISA launch and further NI cut

clock 06 March 2024 • 1 min read