With the well publicised recent global financial issues, investors up and down the country are naturally concerned about the value of their savings.
The first thing to say is, it’s important to remember that stock market falls are part and parcel of investing in shares. And while it can seem a bit of a roller coaster at times, in our experience savers who continue to take a long term view tend to fare better than those who respond hastily to short term market movements.
We never forget it’s your money and you can take it out whenever you like. However please remember that if you don’t need to withdraw your money, the worst time to cash in your investment could be when share prices have just taken a fall, as your savings will have dropped in value, although past performance is not always a guide to the future.
If you have concerns or would like to discuss your options, please do call us on 08456 10 20 30 and we’ll do our best to answer any questions you may have. Our lines are open from 8am to 9pm Mon-Fri and 9am to 6pm Sat. Calls may be monitored or recorded. (Max call charge from a BT landline is 3.9p per minute. Calls from other networks may vary.)