EL Magazine JAN-FEB 2019 PAGE TURNER
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Carl Roberts<br />
Stock Market<br />
Declines Are<br />
Normal<br />
During the latter part of 2017 stock<br />
markets declined quite rapidly for<br />
the first time in a while. Potentially<br />
overvalued tech stocks, US interest rates<br />
rising faster than expected and the US/<br />
China trade war all played a part in<br />
spooking the markets. Falls like this can<br />
be scary and the media sensationalizes<br />
things.<br />
Here are a few insights:<br />
• The stock market declines on average<br />
about 14% each year - from the highest<br />
point to the lowest point in the year but<br />
it’s not a straight 14% decline in one go.<br />
Markets end up rising nearly 3 out of<br />
every 4 years.<br />
• The stock market declines by 2% or<br />
more in a day, about 5 times every year.<br />
• Over long periods, returns from the stock market significantly beat inflation.<br />
• Trying to time the market is impossible.<br />
Now, admittedly this data relates to the US stock market, but the trends<br />
are very similar elsewhere. Stock market declines are perfectly normal and<br />
temporary, the advance is permanent.<br />
Getting Out of Debt<br />
Staying in debt can ruin you financially and it has major negative effects on<br />
your life. To get your life back quickly put a plan in place to get you out of<br />
debt.<br />
Here are 3 technology solutions to help you:<br />
For your own personal<br />
Financial Director to run your<br />
family finances call:<br />
Carl Roberts FPFS, Chartered<br />
Financial Planner<br />
carl@rtsfinancialplanning.co.uk<br />
rtsfinancialplanning.co.uk<br />
01908 592544<br />
07702 965275<br />
RTS Financial Planning Limited is authorised and<br />
regulated by the Financial Conduct Authority.<br />
Registered in England and Wales. Registration<br />
number 10619163. 21 Fosters Lane, Bradwell, Milton<br />
Keynes, MK13 9HZ<br />
1 - Debt Manager App - uses the ‘snowball’ method of paying off your debt<br />
by paying off the smallest debt first, then moving on to the next smallest.<br />
2 – Clearscore - will show you your credit score and up to 6 years of your<br />
financial details.<br />
3 - Unbury.me - is a really simple website that allows you to understand<br />
your debt quickly and easily.<br />
Pension<br />
Scams<br />
I feel really passionate about<br />
getting rid of pension<br />
scammers. If you ever feel<br />
uncomfortable about discussing<br />
your pension with a stranger,<br />
stop. If you feel something is<br />
not quite right and it could be a<br />
pension scam.<br />
If you suspect a pension scam:<br />
1. Never provide ANY personal<br />
information.<br />
2. Ask the caller for their<br />
Financial Conduct Authority<br />
(FCA) number, company name,<br />
address, website and ask for<br />
information to be sent through<br />
to you by post.<br />
3. Hang up.<br />
4. Check to see if the firm is<br />
authorised by the FCA and on<br />
the FCA register.<br />
5. Check the FCA’s ScamSmart<br />
website to see if it’s a scheme<br />
that is on the FCA’s warning list.<br />
If you suspect you are a<br />
victim of a pension scam, act<br />
immediately and call Action<br />
Fraud on 0300 123 2040.<br />
Risk warning: Stock market linked investments and any income from them, can fall as well as rise and are not guaranteed. Any figures<br />
quoted are for illustrative purposes and should not be taken as a forecast or guarantee. Past performance should not be seen as an<br />
indication of future returns and clients may get back less than they have invested.<br />
40<br />
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