A very short missive this time.
I completely neglected to mention in my previous round robin on market volatility that these market setbacks, as they occur from time to time, do provide excellent ‘buy in’ points. If we accept the wisdom that markets always recover (which I hope we all do), then it must make sense to buy on the dips.
If you are currently sitting on a lot of cash that is not needed in the short-term and is probably earning only a pittance in interest, then investing in a balanced, highly diversified portfolio could be a good way of trying to overcome the higher levels of inflation we are currently saddled with. It could make even more sense now that the investments are available at something of a discount!
Markets could still go lower of course, and that is why it is only sensible to commit funds that can remain undisturbed for say, 5 years or so.
If this is something you would like to have a chat about, please do not hesitate to get in touch.
With kind regards,
Yours sincerely
Graham Ponting CFP Chartered MCSI
Managing Partner
