As we approach the halfway point of what has been a volatile year thus far, we wanted to remind you of the importance of reviewing the holdings within your investment portfolio. With market conditions and economic factors constantly changing, it is crucial to ensure that your portfolio remains aligned with your investment goals and risk tolerance.
There are several reasons why now is an excellent time to review your portfolio:
Market Volatility: In recent months, we have seen significant market volatility caused by a variety of factors, including inflation concerns, geopolitical tensions, and supply chain disruptions. These market fluctuations can affect the performance of your portfolio, making it essential to review your holdings regularly.
Changing Life Circumstances: Your investment goals and risk tolerance may change over time, depending on your life circumstances. For example, you may want to adjust your portfolio to prioritise income generation over growth if you are approaching retirement. Or, if you have experienced a significant life event, such as a marriage, divorce, or birth of a child, you may need to revise your investment strategy.
Tax Considerations: With the new tax year having just begun, now is an excellent time to review your portfolio from a tax perspective. You may want to consider tax-efficient investment options or review any capital gains or losses to optimize your tax position.
At deVere Group, our financial advisors can help you review your portfolio and ensure that it remains aligned with your investment goals. We offer a range of investment options and strategies, from traditional mutual funds and fixed-income securities to alternative investments such as real estate and private equity.
Regularly reviewing your portfolio and making adjustments where necessary can optimize your investment returns, minimize risk, and achieve your long-term financial goals.
If you would like to discuss your portfolio holdings or have any questions, please do not hesitate to contact one of our financial advisors.