As you would now be aware, and contrary to what the Bookies were indicating in the lead up to the “Brexit” vote, the votes are all in and the UK has elected to leave the European Union (EU) with a vote of 51.9% to 48.1%.
As a consequence of this decision:
Immediate impacts of the vote on Friday:
What we could expect:
In times such as these, where equity markets experience heightened, event related volatility, it can be helpful to keep in mind that volatility is a normal part of long term investing; avoid being swayed by market sentiment. Over time, long term investors are usually rewarded for taking equity risks and in times of heightened volatility, where market corrections are occurring, attractive investment opportunities can present themselves.
As always, if you would like to discuss any of the above please do not hesitate to contact our Investment Advice Team.
Whether it be a query about superannuation, investments, insurance, mortgage or any other financial based questions, get 360Private to check on your financial health.
We have relied on the Team at 360Private for accounting and financial advice for over 30 years. Their sound strategy enabled our investments to perform well even through the Global Financial Crisis and we have benefitted from their knowledge of taxation law and superannuation. On a day to day level, we are always able to get prompt replies to any accounting matters relating to our business and everything is explained in language we can understand, rather than in "accountant speak". Our children now have their own businesses too and they also rely on 360Private.
- Sandra Haese, Director, Haese MathematicsRead more ...