Intelligent Perspective – Looking out to the horizon

“In time of crisis people want to know that you care, more than what you know” Will Rogers

Our message

The past few weeks have been extremely difficult and act as an unfortunate reminder of how we can all be adversely affected by events completely outside our control.

We appreciate that many of you are adjusting to a new ‘temporary reality’ and are facing incredibly difficult personal and business decisions that were simply unimaginable two weeks ago.

We want you to know we stand by ready to help. If you have any money worries (personal or business related), please let us know. We might not have all the answers, however we can provide a unique sense of perspective and, if appropriate, connect you to other specialist professionals.

Investment returns – what history has taught us

It’s key to remember ‘short-term falls do not necessarily impact long-term goals’ and planning for the future may now be more important than ever.

History is littered with sharp stock market sell offs and recoveries:

 

The future remains highly uncertain, however governments across world are acting to provide unrivalled stimulus support. In particular, the announcement of the US $2trn fiscal stimulus provided some short-term relief to markets.

In respect to coronavirus itself, China and South Korea have demonstrated how the virus can be controlled and we have witnessed a slowing of new cases in Italy. This coupled with a tentative re-emergence of the theory that many people may already have immunity could act to swing news flow to a more positive position. Although this is positive, its clear difficult days, weeks and potentially months remain ahead.

The benefits of a strong Financial Plan

“Someone is sitting in the shade today because someone planted a tree a long time ago” Warren Buffet

So many of the decisions we make today impact our future selves and the same goes for financial planning.

We like to strive for certainty and creating a Financial Plan with what’s important to you at its core, can provide clarity around what our future holds.

 

We focus on what’s important to you and work through the big questions:

• When can afford to retire?

• Can I move to my dream home?

• Can I afford to make gifts to my children?

• What do I need to do today to make this possible?

Robust assumptions that incorporate market downturns

Predicting the future is an almost impossible task, however, in the words of Mark Twain “history doesn’t repeat itself, but it does rhyme”.

The assumptions that underpin your plan are formed using economic science and account for market fluctuations, both up and down.

Disclaimer

The value of your investment (and any income from them) can go down as well as up and you may not get back the full amount you invested. Past performance is not a reliable indicator of future performance.

This information is not a personal recommendation for any particular investment. If you are unsure on any of the information contained within this document, then please contact us.