Investment Perhaps surprisingly, a doctor during the course of a career is likely to earn several million pounds. Usually, most of this money is expended along the way on things such as mortgages and the general expenses of living. However, there will be surplus income and lump sums available to invest and the returns from such investments can make an immense difference over your working life and into retirement. We at MoneyDoctor Financial Planning take immense care when advising our clients on investment. Whether it is a junior doctor taking out a first ISA or an individual at retirement needing help to invest several hundred thousand pounds. The world of investment can be bewildering to the layman with so many types of investment all governed by differing taxation arrangements. It’s not surprising that most people don’t know the difference between an Investment Trust and a Venture Capital Trust or a Gilt from an O.E.I.C. Most people make an effort to save and invest at times during their careers. Unfortunately, such investments are usually done piecemeal and without any overall strategy so that the mix of investments may not be complementary. Furthermore, inertia tends to prevail and people to not bother to review their holdings in the light of changing market conditions, taxation, charges and deteriorating investment performance. We take great care that each individual client has a spread of assets commensurate with their own attitude to risk. A portfolio should usually be constructed from a variety of assets including shares, property, cash, bonds and possibly other forms of investment. This diversity helps to spread and reduce risk. Furthermore, the proportion of each investment and its’ geographical sector are extremely important in achieving superior overall returns. This concept is known as asset allocation. Put simply, this means that a portfolio should be formulated and reviewed with regard to all of the principle types of investment available worldwide. An investment solely based on one country or a single asset will suffer over time by comparison with a well spread portfolio. This is because different assets and geographical sectors perform differently at various times in the global economic cycle i.e. when one market is rising another maybe falling. We can help you to make your money work harder so that you have more choice in the way you wish to live your life. In summary, your adviser will:- - Review your current investments and advise on their performance and suitability.
- Establish your current lifestyle goals and establish your attitude to risk.
- Recommend an investment portfolio to suit your goals.
- Regularly review your portfolio's investment performance and any changes in your objectives.
| 
Home