This weekend involved a lot of garden. And cocktails, but mostly garden. I’ve been battling a persistent nettle and bramble patch. The battle may have been won but the war is not over, sadly. And I’ve been planning too. Looking forward, thinking about planting that will give me a return on investment for years to come.
It’s a tired analogy, I know, but its often repeated because it works. Your finances should be like a well tended garden. Carefully watched and maintained, with ‘plants’ that suit you and your needs, and early investment that means you can sit back and enjoy the fruits of your labours.
Regular reviews are as important as a good pruning and weeding, making the best use of your tax free allowances like a thorough watering, and a good adviser like a trusted mate down the allotment or over the garden fence. A great chat over a nice cuppa can yield all sorts of gems of advice and information.
The key here is long term. We know that investing, even when times are scary, is always a good plan and, if done over a long enough term, will reap rewards in the end. Quilter have put together a fantastic (yes, really) report showing how in the long run, investing always works even in the toughest of times. The graph from the report attached here, but do get in touch with the office if you’d like to see the full thing.
And of course, the news on the markets:
|31.12.2021||20.06.2022||% Change||% Change on week|
|FTSE 100||7384||7016||Down 4.98||Down 4.12|
|Dow Jones||36338||29888||Down 17.75||Down 4.79|
|Nasdaq||15645||10798||Down 30.98||Down 4.78|
|S&P||4766||3694||Down 22.49||Down 5.30|
|NIKKEI||28791||25963||Down 9.82||Down 6.69|
|Hang Seng||23398||21075||Down 9.92||Down 3.35|
|Shanghai||3640||3316||Down 8.90||Up 0.97|
|CAC 40||7153||5882||Down 17.76||Down 4.92|
|DAX||15885||13126||Down 17.36||Down 4.62|