There are many charts which show how ‘missing the 5/10/15 best days’ over the course of a number of years can affect the returns on your investments. When stock markets move, they move both quickly and unpredictably, as investors/sheep try to get on or off the bandwagon. That’s why most of those who try to be clever and ‘time the market’ end up losing out and the very few who get it right (like the Big Short guy) gain guru status for a while, until they get it wrong (remember Neil Woodford?) My advice, stay invested, and it will be alright in the end. And if it’s not alright, it’s not the end yet…
“Britain has lost 435 financial advice firms since 2022”
Headline figures, there were over 200,000 financial advisers at the end of the ’90s, there are around 30,000 now and our numbers are continuing to reduce.