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Your investment must be right for you

Thinking of investing?

Consider what is important to you. Look at what you wish to achieve with your investment and who will be the ultimate beneficiary. It might be you, a family member or a charity you care about.

Next, you need to think about how much return you’ll need to achieve these aspirations.

After you’ve done that, you can begin to contemplate the level of risk you will need to take and whether you are comfortable with it.

It’s also sensible to think about how soon you need to get returns on your investment. The best way to get the most out of investing is to invest long term. Whist markets will inevitably rise and fall there is always risk which investors should bear in mind. However, as time progresses, economies do tend to keep growing.

What about risk?

All investments come with an element of risk. Even if you put your money in the bank, there is the risk of inflation eating away at its long term buying power.

Risk shouldn’t necessarily be seen as a bad thing though – it is an integral part of investing. Sometimes, the more chance you take, the greater the potential reward, but you should always be mindful that you might get less than you invest.

The important factor is to understand how much risk you are willing to accept for a potentially larger return, and whether you can afford the potential loss.

Balancing your need for an acceptable return with your capacity to cope with the ups and downs of investment markets will help you find your place on the risk spectrum.

Once we have established your goals and level of risk we can look at your wealth management needs as a whole. This could involve using an ISA, a pension or an offshore bond and there are a many ways to set up a portfolio and each one has its own implications.

At Cowgills Wealth, a significant part of what we do is to talk to our clients, understand their situation and ensure they make the right plans for their circumstances. If you want to find out more, speak to our wealth team today. You can find us in Bolton, Ilkley or Manchester.


The value of investments and income from them may go down. You may not get back the original amount invested.

Wealth Management
Posted by Matthew Bromley
17th September, 2019
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