Jeff Lewis, director at RobMac, sums up his thoughts on investment markets and looks towards a brighter future.
Jeff Lewis, director at RobMac
It’s been a difficult period of time for investment markets but perhaps we are now on a steady recovery course with returns for investors having improved quite considerably over the last 6 months.
In general we have suggested to our clients that chopping and changing funds when markets are moving around will not necessarily lead to better returns as it is likely that the funds that have fallen may well jump back up pretty quickly.
Unless there is some glaring reason for fund switching we’ve not felt the need to do so whilst volatility was very evident.
It is our belief that inflation will become less of an issue by the year end with interest rates peaking as well and reducing once we get into 2024. The economic outlook has improved and we hope company profits and indeed investor returns will follow too .
As always we need to take the long term view with bumps in the market always a feature of the investment journey, for us it is avoiding crystallising a loss when it’s not necessary with history telling us that fixed interest and equities will out perform cash.
* The value of an investment may go down as well as up, and you may get back less than you originally invested.
If you are interested in learning about what makes RobMac different and think that we can help, then please get in touch. If you would like to discuss your financial position or mortgage further, you can arrange to meet online with one of our financial advisers. You can call us on 0131 226 6700.
