We have always know it…..
All those red numbers on stock market boards and ups and downs of the FTSE100 may appear to be a strange and mysterious mix of data to many and we often think it has little to do with us especially when in the third quarter of 2011, the FTSE 100 index in the UK recorded its worst quarterly performance since the same three months in 2002, and the fourth worst quarterly performance since it was launched in 1984 so we really don’t want to think about it.
Experienced financial advisors at Enable know that it has always been the case that investments can go down as well as up. It is unfortunate that this volatility can affect anyone with a pension, those considering retirement, savers with Individual Savings Accounts (Isas), and even money set aside by families for the cost of children's university education..Millions of people in the UK also have money put away in a stocks and shares Isa. A total of £108bn is invested in these Isas in the UK.
It has always been the case that these investments can go down as well as up in value, and anyone hoping to cash some of this in because they are financially stretched will be most likely to take a hit.
But at Enable we know that most investment are for the long term and so these short-term fluctuations should not worry people too much. If you want to talk through your investments with an IFA Enable are here to reassure and invest.
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