Developments in Dedham
Posted in Financial Planning, Fiducia News (+2 more), on 24.05.21 ReadThe last month has seen a lot of positive changes as the world starts to open again and the vaccine roll out gathers pace, but...
As the world continues to struggle with the financial and economic fallout of the COVID-19 pandemic, there’s no question that it has served as a financial wake-up call for many. Even those who will emerge relatively unscathed from a financial perspective have not escaped the worry and anxiety that accompanies living through challenging times. And like most of life’s challenges, there are lessons to be learned.
Aside from the salient lessons such as having emergency savings, managing credit cards and savings effectively, remembering that returns after market losses require a higher percentage gain to break even, regularly rebalancing your portfolios and of course realigning priorities in our life to live better, there are some insights to be had from those experts looking ahead.
In a recent exclusive client Q&A webinar (below) with our Investment Committee chief economist Michael Hughes, the topic of resilience came up in relation to those businesses that fared well and those that didn’t. Michael spoke to Gordon Kearney of the almost night vs day divide between those businesses that held fast, and even prospered, and those that were felled. Aside from strong balance sheets and financial and corporate strength, the quality of resilience has proved common amongst those businesses that have adapted to thrive.
Financial planning is closely tied with financial wellbeing and financial health and our attitude to the former is nothing if not holistic. For businesses and individuals, we believe reaching your goals and growing should be based on firm foundations and flexibility.
You can watch the short Q&A interview below in which Michael and Gordon also discuss the economic recovery, inflation, and the significance of Asia.
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If you would like to know more about how we as Financial Advisers can help you with your Investments then visit the Investment Management section of our website: Investment Management or send us email at: [email protected]
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Fiducia is a multi award-winning firm of Financial Advisers based in Dedham near Colchester situated in the heart of Constable Country on the Essex Suffolk border. www.fiduciawealth.co.uk
Fiducia Wealth Management Ltd. Dedham Hall Business Centre, Brook Street, Dedham, Colchester, Essex, CO7 6AD.
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