Attitude to risk
Turbulent times? Maybe
As we’re often told, we live in turbulent times. But let’s put things in perspective. Sharemarkets and investment markets will slump from time to time but they always recover. And often enough, if one’s up, the other’s down. So there’s always opportunities out there if you know where to look.
And then again, markets can bounce back so fast from the most severe of slumps that they catch investors flat-footed. That’s why the most astute investors often make the biggest gains when the markets are down. Right now, there are individuals and funds out there looking for opportunities to place many billions of pounds.
At Pacific IFA, we are practised at putting together portfolios to cover just about every eventuality and client requirement. Low-risk, medium-risk, high-risk: we can do them all.
What we don’t do though is zero-risk, although clients sometimes ask us for exactly this. Why don’t we? Because there’s no such thing. A “zero-risk” portfolio is actually high risk because there’s nothing more dangerous than a low-returning portfolio.
And that wouldn’t be doing the right thing by our clients.
But turbulent markets don’t really worry us. It’s what we expect them to be.