Investor: “I want to invest some money”
Adviser: “What do you want that invested money to do for you?”
Investor: “What do you mean?”
Adviser: “Are you looking for capital growth or income or a combination of the two?”
Investor: “Oh, I see, capital growth I think”
Adviser: “How much capital growth and over what period of time, when will you want the money back and what capacity for potential loss do you have, how do feel about the value of your investments rising and falling?”
Investor “Good questions, I don’t know!”
It makes no sense at all to invest money without a process.
An important part of that process is to link your investment decisions with your financial planning goals and objectives.
If you don’t have very specific goals and objectives the is a very real chance that;
* You won’t really be able to judge whether the investment result is good bad or indifferent other than comparing it against other investments that you didn’t make;
* You may actually take on greater risk to your money than you need to:
Our free workshop “How on earth should I invest my money?” on 23rd November 9.30am to 10.30am at the Cranleigh Arts Centre will go into much more detail.
Book your ticket now on www.icl-ifa.co.uk/events or call us on 01483 274566.
