Diversification…the only free lunch?
With the recent cost of living increases that we’re all enduring, having different options at your disposal is always a good idea. Recent article written by Chartered Financial Planner Chris Hewson, published in the Press & Journal.
It is wise to have multiple options when it comes to your finances, especially with the recent cost of living increases. Saving more than you spend and having an emergency fund are important first steps towards financial security. After that, investing in products like an Individual Savings Account or Pension can help achieve long-term goals. Diversifying your investments is also crucial as no one can predict the future. Seeking qualified financial advice and setting clear goals can lead to success in the long term.
Published in The Press & Journal October 2022. Read the full article here.
Information correct at time of writing. The content within this article should not be looked upon as advice or recommendation. Readers should seek appropriate guidance from their financial planner.
Chris Hewson is a Chartered Financial Planner at Medical & Dental, a division of Acumen Financial Planning. www.medicaldental.co.uk
