The Value of Investment Advice
Seeking advice on looking after your money may not be as fun as the immediate thrill of spending it, but it could be a rewarding decision in the long run. We explore some of the benefits that financial advisers offer.
Assess where to invest
Getting advice from a financial adviser can expose you to a wider range of choices when it comes to deciding where to invest. They have the knowledge and expertise on how products work in different markets and can identify any possible downsides as well as potential benefits.
Asset allocation
It’s important to invest in a mix of investments to reduce risk. A financial adviser can help determine your objectives for the investment as well as your attitude to risk before making any recommendations. This is to ensure you are taking the right level of risk and are in a good position to achieve the returns you want.
Portfolio rebalancing
To maintain a healthy mix of investments, you need to rebalance your portfolio. Essentially this is adjusting the weightings of different asset classes in an investment portfolio. A financial adviser will review the portfolio and rebalance where needed to ensure that you don’t take too much risk.
Help achieve your goals
Even a seemingly straightforward financial goal can involve numerous decisions and a range of different products and providers. A financial adviser can help assess what is realistically possible and create a tailored financial plan to ensure you achieve your investment goals.
The key benefits of investing
It’s important to think carefully about putting some of your income aside for the future. For example, you may have more money to invest once your children have moved out, or your mortgage repayments may have reduced. So, what are the benefits to investing?
- Long-term returns.
- Building wealth.
- Planning for retirement.
- Meeting financial goals.
We’re here to help
We can go through the options available to you and discuss the factors that could affect your investment and provide a personalised, tailored investment plan with the right products for you. Get in touch today.
KEY TAKEAWAYS
- With financial uncertainty nowadays, advisers can help you create a plan to profit in the good times and weather the storm against any possible downturns.
- Financial advisers can help you set clear investment goals, choose the right investments to suit your needs and monitor progress when saving for the future.
- The earlier you start saving, the better shape your financial assets are likely to be in when you need them
NB: The value of investments and any income from them can fall as well as rise and you may not get back the original amount invested.
