We hope you are all staying well and keeping safe. The Team at TNR Wealth is here to assist you at all times and our message during this remarkable time remains unchanged; Stay the course. In the same way we are being asked to work from home and social distance for an extended period of time, we are asking you to stay the course during this extended period of market volatility. Three weeks has passed since we last communicated this message and I can assure your our message has not changed. And if this volatility continues for three, four, five or more months our message will remain the same. As such, rather than providing new information, we ask you to review the following which was previously communicated in March.
It is important to take the following approach to protecting your assets by:
- utilising existing cash reserves;
- maintaining and continuing to contribute to your asset portfolio if manageable; and
- staying the course.
What do we mean by “staying the course”?
The following video and related transcript will provide you with an understanding of “staying the course” as well as some assurance from the Vanguard fund manager on their strategy to protect and grow your assets.
The environment is constantly changing and TNR Wealth welcome any questions you may have. If you wish to discuss your wealth management strategy please contact TNR Wealth at your convenience.
Click on the following image to view the video to highlight the current market conditions.
Past performance is not a reliable indicator of future performance. The information and any advice in this publication does not take into account your personal objectives, financial situation or needs and so you should consider its appropriateness having regard to these factors before acting on it. This article may contain material provided directly by third parties and is given in good faith and has been derived from sources believed to be reliable but has not been independently verified. It is important that your personal circumstances are taken into account before making any financial decision and we recommend you seek detailed and specific advice from a suitably qualified adviser before acting on any information or advice in this publication. Any taxation position described in this publication is general and should only be used as a guide. It does not constitute tax advice and is based on current laws and our interpretation. You should consult a registered tax agent for specific tax advice on your circumstances.