Don't let volatility derail investments says Belmayne

Worldwide market volatility has made headlines recently, with the UK’s FTSE 100 opening this week with losses of 2-3%.

Belmayne managing partner, Martin Birch, said: “This increased market volatility stems from fears the US might slip into recession, despite experts still considering this unlikely. Investors have to keep their long-term goals in mind and although it might be difficult to accept, these downturns present opportunities to benefit from future gains.”

Earlier this week, the VIX index – a US measure of market volatility – reached its highest level since the early days of the Covid pandemic. This sent shock waves through the worldwide markets, with most major economies feeling the effect to differing degrees.

Martin added: “Whilst unsettling, the current market turbulence might prompt a beneficial response from central banks. Only last week, the Bank of England reduced interest rates by 0.25%, which was good news for the economy generally. Downward movement is an inevitable part of the market cycle, but history shows us that every bear market has been followed by a much stronger bull market (upward movement) elevating portfolio values to new heights.”

Belmayne is celebrating its 20th anniversary this year. It focuses on the aspects of financial planning that can be controlled, for example, risk, tax allowances and the costs of investing, enabling its growing team of experts to deliver clear plans that gives clients the freedom to enjoy their retirement without worry.

For more information about Belmayne’s investment strategy, or its wide range of financial planning services, telephone (01246) 298181, visit www.belmayne-ifa.com or follow the firm on X, @belmayneifa.