Robert Tannahill: Worried about markets? Let's meet Fred

When patience is prudent

clock • 4 min read

When markets are misbehaving, as they currently are, it can be a useful exercise to take a step back and remind clients - and ourselves - of the bigger picture, writes Robert Tannahill.

While the headlines will always focus on the issue of the moment, what matters more to us than the exact outcome of Brexit or Donald Trump's next tweet is the quality of the assets we own and how we deal with the inevitable tough periods. To illustrate how we think about this, let's meet Fred. Fred retired in October 2017 after 50 years of working. A decade before his retirement, he had £100,000 in savings and, after much deliberation with his adviser, he decided to invest into the stockmarket. Unfortunately for Fred, his timing was not the best as he chose to invest his money on 12 O...

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