Invest or Wait? - 5MF025
The Meaningful Money Personal Finance Podcast
Pete Matthew
4.9 • 1.7K Ratings
🗓️ 23 November 2018
⏱️ 9 minutes
🧾️ Download transcript
Summary
Listener Stuart asks whether he should invest his bonus all in one go now with, you know, the whole Brexit mess on the horizon, or hold off for a while.
Transcript
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| 0:00.0 | Hi folks it's nearly the weekend so welcome to another five minute Friday here on |
| 0:03.7 | Meaningful money. |
| 0:04.4 | Sorry about last week one of those annoying occasions where I record two or three of these in the row and then when I come to start |
| 0:14.9 | editing realized that the audio was completely nacket so I had to do it again. |
| 0:19.7 | Eight years of doing videos still making rookie mistakes. |
| 0:23.0 | Not sure what that says about me really. |
| 0:24.8 | But hey, I still love me, do you? |
| 0:27.0 | So I've had a questioning from Stuart, who earns a salary, |
| 0:30.6 | a decent salary, but he gets a bonus once a year and that's due anytime soon. |
| 0:35.2 | And like many people at the moment, he's concerned. |
| 0:38.2 | Should he invest that bonus in one go right now or should he drip it in over the market? Now I'll give you one |
| 0:44.4 | guess as to what the key thing might be which is causing his uncertainty right now. |
| 0:48.9 | Yep it's the B word and as I speak we're about four months away from the 29th of March deadline for coming out of the EU. |
| 0:56.4 | And as I record this we have an agreement between the EU and the UK as to the terms of the divorce but that hasn't yet been ratified by the UK Parliament |
| 1:06.2 | there's still a lot of uncertainty around and even here at Jackson's loads of clients are |
| 1:11.3 | asking us right now should I wait should we wait and see what happened and Let me put five minutes on the clock down here. |
| 1:24.4 | Say a quick thank you to my friends at 7 Investment Management down here for continuing to |
| 1:28.2 | sponsor meaningful money and let's crack on. |
| 1:30.8 | So let's take a minute to talk about perspective. Now perspective is |
| 1:34.9 | easy over the long term. Current uncertainty might end up being nothing of any |
| 1:41.2 | great note at all when viewed firstly in hindsight from the |
| 1:45.6 | future looking back but also in the perspective of a longer term picture. |
... |
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