John Moore outlines ten common investment mistakes advisers can discuss with clients...
From ignoring inflation to forgetting your tax allowances or failing to build a ‘rainy day' fund can all have a negative impact on an investment portfolio over time and can ultimately affect the size of a client's retirement pot in later life. Here are ten common investment mistakes to discuss with clients and help them avoid: 1. Ignoring inflation Many people assume that investing is riskier than holding cash and therefore keep all their money in a savings account. However, if the interest rate on your savings is below inflation, its ‘real' value will gradually erode over time. The...
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