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Investing in 2018

It’s only an arbitrary calendar change but there always seems something finite about the end of the year. Perhaps it is the weather; with snow, rain and ice making us rethink our priorities and plans. Perhaps it is down to all of those award ceremonies celebrating the best personality, achievement and so on of the year. Or maybe it is something deeper, harking back to ancestral memories of ever shortening days followed by the promise of spring.

Whatever the reason, as one year rolls into the next it is a time of reflection and of looking forward, of re-evaluation and of setting new goals. Swept up in the moment we make resolutions and promises, at least 80% of which will have fallen by the wayside by the time we reach the end of January. Psychologists give many reasons for this including trying to do too much at once and not being ready to change bad habits. So the advice is to be realistic, not to simply react to the moment and to set manageable steps towards building new habits.

It’s good advice, which also holds true for those looking to invest in 2018. Be realistic, look at your current and future anticipated situation and create an investment portfolio which is right for you. If you are looking for pensions or investment advice, or if your situation has changed and you may therefore need to review your existing investments, contact Beckworth by using one of the links on our website.