Herald - Issue 405

Page 56 • The HERALD • 22nd April 2021 v THE HERALD - YOUR COMMUNITY MAGAZINE v ASK A PROFESSIONAL YATES & CO Chartered Accountants Specialists in providing accounting and taxation advice to small businesses and individuals Contact: Colin Yates A.C.A. Telephone: (023) 8086 1550 E-mail: enquiries@yatesco.co.uk Personal and Friendly Service Send your local news to The Editor, The Herald, 2 High Street, Hythe SO45 6AH When the Going Gets Tough… by Michael Osman, Oyster Financial Planning In the world of investing, the tough, wise, and clever hold their nerve and at the very least maintain their investment holdings. In some cases, they will increase their stake in an investment, whether that be a share or a business or another kind of investment. As long as it is a ordable, they believe in the investment and can see a medium to long term future in the asset and forms part of their nancial future. Serious investors will commit at a time of turbulence for the markets. Warren Bu ett, the Oracle of Omaha, one of the most successful investors in the world once said, when asked about the favoured holding period for an investment he believed in was “forever”. He quite famously looks for buying opportunities when the markets are falling, or some companies are out of favour. Our own investment beliefs at Oyster are similar in some ways. We do not get involved in advising on individual stock purchases, but we do entrust investment partners to build well structured, diversi ed and risk adjusted portfolios that can deliver for clients over the short, medium, and long term. is time last year the world’s stock markets were falling very quickly. e FTSE 100 fell by around 40%. Our client’s portfolios receded in value by around 10-15%. Each only lasted for a couple of months and very quickly bounced back. Our portfolios bene tted from huge diversi cation thus reducing the short-term losses compared to the much less diversi ed FTSE 100. Looking back today that short term ‘V’ for some would have been painful as they panicked and changed their investments. For the well advised they at least held rm or invested more. To discuss your investments please get in touch with Oyster on: 023 8084 8410 or email: enquiries@ oysterfinancialplanning.co.uk Michael Osman