‘Keep the faith in equities’ says expert
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A leading investment strategist is urging investors not to lose faith in equities, despite Britain’s top share index registering its biggest quarterly loss for nine years. The third quarter saw the FTSE 100 fall 13.7%, with £218 billion wiped off its value. Markets also began the fourth quarter on the back foot, with the news that Greece is likely to miss targets to cut its deficit. But Stuart Bryant, Chairman of SDB Strategic Planners, says investors tempted to desert equity investments altogether should sit tight. “That is a human reaction,” he admits. “When we see these sorts of catastrophes taking place we do over-react. Yet history has shown this is probably the best time to be thinking about strategic planning.” [VIDEO: 430] Stuart Bryant talks about the SDB approach to wealth management. Bryant, who specialises in designing investment strategies for individuals and for both private and corporate pension schemes, admits we are facing “probably the toughest years the planet has ever seen.” But he believes the doom and gloom have been overdone. October is traditionally a volatile month for equity prices, yet with the FTSE 100 at its highest level since August and a renewed faith in the Eurozone forming, Bryant argues that there is every reason for optimism. “This is a fabulous opportunity because most of the markets have priced in the problem we’re trying to deal with.” “I don’t think there are many further ‘unknown unknowns’ that we need to be worried about. “We should be opportunistic – and optimistic about what the next ten years will bring.” Bryant advises anyone looking to use the current market volatility as an opportunity to review their investments to seek professional advice. “You need to find someone you can trust, who’s very clearly interested in you and who’s able to stay the course – someone who’s going to be around long enough to provide continuity for you and your family.”
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