What Are The Best Ways To Invest Sensibly?

A strong investment is an excellent way of improving your financial situation. Investment risks take the forms of changing circumstances, fluctuating market conditions and adjustable tax rates. The value of currency, global affairs, property and just about everything else affects how portfolios perform. So what are the best ways to invest sensibly?

Prepare for changes to your personal circumstances

If you have changed your job, career or received a significant raise, you might want to re-visit your portfolio and check how your goals have changed over the past year. Employment status change is one of the primary reasons, private investors look to change their investment strategy.

Perhaps you have more tolerance for risk or perhaps any risk is too much risk. Your portfolio manager should be able to assess the risk and design a strategy to meet your appetite for risk. Always remember that it is your risk, and your finances, on the line.

Illness, accidents, major purchase and many other reasons can give the private investor reason to consider a shift in the design of the portfolio. Whatever your reason for concern, make sure you meet with your financial adviser and discuss what is happening in your life and why you are considering adjustments.

Market volatility

Markets, including currency markets and real estate markets, are volatile. We are likely to experience volatile shifts several times per year. Market volatility can be frustrating and nerve wracking. Sometimes you will need to know you are still on the right course, and other times change can be in line.

If the volatility persists and you are uncomfortable, change your risk exposure.

GetĀ a second opinion

You are entitled to a statement of your accounts and portfolio at any time. Ask your existing financial manager to provide a statement and take your list of assets to an independent financial adviser. Let a new set of eyes provide their analysis.

Note: Itā€™s easy for a third-party to criticise someone elseā€™s work. If your independent financial advisor suggests changes, always request explanations. Ask for references. If the potential adviser does not have references or is unwilling to provide you a list of four or five, find one that has them and will release them to you.

Make sure that whoever your financial adviser is, your short, medium and long-term goals are clear and consistent. If they change or when they change, so should the composition of your portfolio. Your financial stability is in the hands of your adviser. Be engaged, proactive and insist on good service.

To invest sensibly, find out more about your advisorā€™s role as your investment coach here.Ā 

Invest sensibly with Expert Wealth Management

Our expert team delivers professional investment management services to a wide range of clients, from individuals to corporate businesses. We appreciate that every client is different, with a unique financial situation, and an investment opportunity that is personal to you. Our experienced team of Chartered Financial Planners are expertly-placed to address all areas of investment advice, no matter your circumstances.

Always approach investment cautiously, with consideration and professional advice. From personal investments to and corporate investment management, our financial advice is tailored to make your finances work for you.

To find out more about the best ways to invest sensibly, call Expert Wealth Management today on 01993 772 467 or contact us here.

Get in touch

Please fill in the form and a member of our team will get back to you shortly.

West Wing, The Old Dairy,
High Cogges Farm,
Witney, Oxfordshire,
OX29 6UN