To Invest or not Invest, that is the Question

Posted by Kevin Pearce in Personal Finance on 15 December 2016 - Kevin is a Senior Credit Analyst at checkmyfile

If you are lucky enough to be in a position to save or invest, you’re probably aware that ISAs are massively underperforming and investment markets have been volatile and uncertain to say the least.

ISA interest is offensively low and doesn’t really seem worth the time, effort or money. Investments may make a good choice, but only if you what you are doing, where your money is going and what to invest in.

The latest figures published by the Association of Investment Companies (AIC) show that, as of 30th November 2016, the commodities and natural resources sector is up 72% on last year, which is a long overdue resurgence bearing in mind the poor performance over the last 4 years. For those not in the know, this is essentially anything precious that can be ripped or drilled out of the Earth and sold on for massive profits, namely gold, precious metals and oil. These sectors have pretty much always perceived as being relatively safer, at least until they run out.

Panic over the world economy meant that many investors looked for a safe place to put their money, buying cheap during the market slump. Anyone who did this should be happy with their returns.

The issue with retrospective statistics is that what was good value then won’t necessarily be now. The secret appears to be looking at the overall markets, trying to work out what is down and on the way up and what is up on the way down. Spread your investments and try to mitigate risks.

Annabel Brodie-Smith of the AIC summarises that “2016 highlights the importance of having a balanced portfolio and a long-term view. One year's underperformers can be the next year's winners showing how important it is not to react to short-term market movements.”

It is recommended to speak to an independent financial advisor if you are unsure of what you are doing, as you can easily lose as well as earn money.

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