If the IMA is worried by investment markets should you be?
January 29, 2008 by ukfinancialadviser
Hi everyone,
nothing about the joy of music today I’m afraid - maybe it’s a chill January wind that’s changed the atmosphere in my neck of the woods, but in a day when the IMA (Investment Management Association) say that the continued credit crunch is damaging investor trust causing folks to withdraw more money than was invested last November and December - what should you do if you’re worried by the current nervous cries regarding bear markets and credit crunch scares?
Well rather than repeat the article I’ve already written at www.williamgeorgeifa.co.uk earlier today I’ll just give you a small taster here and then you can read the whole article on my main IFA Advisor site.
Here’s the start for you…
“Hi everyone,
With current stock market volatility very much on the front pages it is inevitable that many people will be nervous about their investments at the moment. At times like this the phone in my office tends to be little busier than normal, but I like to think that if I’ve done my job properly in setting up the investment at the outset then my clients should be aware that periods like this have happened in the past and will happen again (in the last 100 years there have been 23 bear markets).”
Don’t worry there’s some pretty solid advice there that should bolster confidence despite current rocky markets.
Until next time…
