RCLOGO-3
   

Call Richard Cook: 07770 575 122

email: richard@theinvestmentandretirementcoach.co.uk

Greek Crisis – Buy, Buy, Buy or Sell, Sell, Sell?

After months of drama, false hopes and unpleasant surprises it looks as if the Greek crisis is finally coming to a conclusion.

Whether there will be a final Euro fudge or, as I expect, Greece leaves the Euro at least there will be an agreement of sorts.

Greek Flag

Whatever the outcome the effect on the UK economy will be minimal and it should not be long before there is a recovery in the UK stockmarket.

I am a simple soul who is not a fan of short term trading or trying to forecast market moves. What I am is a big, big fan of buying when everyone else is selling, and selling when everyone else is buying.

If you are fully invested – stay invested. If you have cash to invest then think very carefully about investing it at current levels. Perhaps spread your bets a little by phasing it in over the next couple of weeks.

If you are a medium term investor, as most of my clients are, don’t worry if it goes down some more before if goes up. You will have already bought at a substantial discount to April’s prices.

If you are a short term investor don’t be greedy. Before you invest decide what is a sensible level of profit and sell immediately you reach that level. For example you may decide that a 5% profit over just a couple of months is entirely acceptable.

No “call to action” this time other than to sign up for blog updates below and share on social media if you think this would be helpful to your friends.

 

IMPORTANT INFORMATION
This document and our on going services are not personal advice. We'll give you all the help and guidance you need to make your investment and retirement decisions, but we can't advise you. If you're not sure whether you need regulated financial advice we can put you in touch with a suitably qualified and experienced regulated adviser. Because we are not regulated by the Financial Conduct Authority you will not have access to the Financial Ombudsman Service in respect of any complaints. If you use one of the "no advice" on line services to handle investment transactions they will be Regulated and you will have access to the Ombudsman and The Financial Compensation Scheme in respect of their services. The value of investments/pension plans can fall or rise depending on market performance. The Retirement Team and The Investment and Retirement Coach are trading names of Capture Success Ltd Reg No 01825075 Tel 07770575122

Share Button
Sign up to my mailing list

×
Fearless Retirement

Register to be in with a chance of receiving one of 25 complimentary copies of my book “Fearless Retirement

×

Need more information?

Use the form below to contact me and I’ll get back to you as soon as possible.

Your Name (required)

Your Email (required)

Your telephone number:

Subject

Any particular problems/ issues?

×
Read my featured articles on money success here;
article-1
article-2
article-3
×