16th March 2020 FTSE 100 – 4898.79
24th April 2020 FTSE 100 – 5750.94
History has taught that after disasters there are recoveries. COVID-19 may well be around forever, but there will be controls. Some companies will fall victim, but others will survive and be profitable. We can help you be part of that success. Waiting for COVID-19 to go away before investing could result in lost growth and, ultimately, lost income.
Stockmarkets tend to be ahead of public sentiment and often drive how people feel. Whether the overall recovery pattern is a “V” or a “U” or even a “W” is in some ways irrelevant if you have a medium to long term (5+ years) window. I often hear people saying, “I might not be around in 5 years”. This may be true, but for most people there is more chance of being alive in 5 years than not. Even if one doesn’t survive the next 5 years, we can organise finances so that the survivors are no worse off. Not investing guarantees no growth and capital loss in real terms when allowing for inflation.
Relying on your bank to keep your money safe my not be the iron clad guarantee you perceive it to be.
Careful investing with quality management has proven beneficial for many people in the past. Looking for the quick big buck has often benefitted everybody other than the client. Let us review what you have so that you are part of the recovery and that you don´t feel upset in 3 or 4 years’ time because you missed out on an opportunity.