Need to Re-Balance Your Investment Portfolio for 2018?
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With that in mind, Close Brothers Asset Management
Andy Cumming, Close Brothers’ head of advice believes a well-balanced investment portfolio that balances risk and reward with the prospect for strong long-term growth should include a mix of equities, bonds and alternative assets such as property. This mix balances long term growth prospects while balancing out short term volatility.
For those who aren’t able to invest as much as £60,000 annually, which is most of us, Cumming also recommends splitting investing online between an ISA and a SIPP. Assets held in a SIPP can’t be accessed until the holder is at least 55. This means that in an emergency situation such as unemployment or a family
While not mentioned by Cumming, keeping 10% to 20% of assets in cash can also be a good idea despite the erosive impact of inflation when compared to interest rates. This means if markets fall, which is a possibility in 2018 though not one strongly
Please remember that financial investments may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.
There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.