You are here: Home - Saving & Banking - News -

Long-term investors advised to diversify

Written by:

Concerns about the credit crisis, inflation and oil prices will continue into 2008, but shouldn’t deter investors, according to stockbrokerage Edward Jones.

Consumers should meet with a financial adviser early next year to review their portfolio, Edward Jones has advised. Investors should aim for a diversified portfolio of quality holdings and need a plan to stay invested during choppy markets, said Kate Warne, market strategist at Edward Jones.

She added: “If you own individual shares, review the financial services shares you own to evaluate their suitability in your portfolio. We suggest selling those companies whose businesses are not well-diversified and reducing the proportion of financial services in your equity portfolio to no more than 17% if needed to remain properly diversified.

“Instead of making specific predictions, we believe the best investment approach is to build a portfolio that includes a wide variety of quality investments. Some will do well, while others will do poorly over the short term. Regardless, a well-diversified portfolio of quality investments has historically grown over time with less volatility.”

Related Posts


Tag Box




Financial fitness

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Are you a first-time buyer looking for a mortgage?

Look no further, get the help you need by searching for your perfect mortgage

Five ways to get on the property ladder without the Bank of Mum and Dad

A report suggests the Bank of Mum and Dad is running low on funds. Fortunately, there are other options for st...

The essential Your Money guide to the April 2018 tax changes

As we head into the 2018/19 tax year, a number of key changes take place to existing policies while some new i...

A guide to switching energy provider

All you need to know about switching from one energy supplier to another.

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Having a baby and your finances: seven top tips

We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co... Awards 2018

Now in their 21st year, our awards recognise the companies offering the best products and services to consumers

Money Tips of the Week

Read previous post:
Saxo Bank issues ’outrageous’ 2008 predictions

Copenhagen-based online investment bank Saxo has released its ‘outrageous predictions’ as part of its 2008 outlook.