Hugh recently chatted with Matt Johnson of The New Daily to discuss the stock market and investing amidst the unrest in the USA.
Centaur Financial Services adviser Hugh Robertson said although a major sell-off was unlikely, investors should still implement a number of “timeless principles” to mitigate any potential losses.
And those are diverse investing – for beginners, he said a diversified fund is an alternative – and setting clear goals to ensure they are investing in accordance with the level of risk they are willing to take.
“It’s a bit of a conundrum right now that you look to asset prices and you see shares and property are really high, but that doesn’t mean they won’t get higher,” Mr Robertson said.
“But you’ve got to make sure the businesses and companies you invest in that their earnings are still growing.
“And while interest rates are really low, there’s no incentive for people to save, so therefore, consumers are spending and companies are making money.”