Good morning
I trust this finds you all well.
As I have mentioned a many times over the years, growth asset classes (sharemarkets) will be prove to be quite volatile, which has certainly been the case – with the last month displaying a noticeable decrease in capital values.
If I may remind you, that the last 2 years have shown cumulative increases in values of close to, and in many cases within your portfolios, over 30%.
It is for the reasons of the last month that I always choose not to become too excited about great periodic returns, nor poor return periods.
There will be a period of recalibration whilst Trump 2.0 (Trade Policy) settles….
I encourage patience at the moment – if I may reiterate, I am not concerned from a long term perspective, which all our investments are, but again the short term will have its good days and bad days.
For those of you in pension phase, remember we have strong strategies place (3-tier strategy) whereby we will not selldown any growth assets unless it is the appropriate time and hence avoid crystalising such a position if it is an inappropriate time.
If in accumulation phase we have time for markets to regain their values – however please always remember – we have had a prolonged period of stellar returns ad only a month of negativity.
At such times there is also large opportunity and if sitting on cash this may well prove a time to take advantage of decreased capital values for the long term benefit.
These are nerve racking times, socially, employment-wise, politically and also from an investment perspective, and I want to reiterate that I have your back, and constantly analysing where we are all at, from a protection perspective and also from an opportunistic perspective.
As always, if you need to touch base please do not hesitate to contact me via phone or email.
Your Financial Adviser
Andrew