The world breaks about once every decade - history rhymes, as they say, and you have to be prepared for that. This is the unvarnished truth about investing, and I’m going to explain it directly, because I really want you to understand it.

It might seem like an unusual topic, but this concerns our final years – paying for a care or nursing home. It’s also a particularly emotionally-charged subject of financial planning to talk about, and there’s a lot of behavioural and human errors and misconceptions around it. 

2018 has been a choppy, volatile and potentially a negative year in most of the major stock markets of the world, although it’s the first time that’s happened in eight or nine years.

In response, it seemed like a good opportunity to address the mistakes that investors make during a market downturn. I’ve observed these mistakes in my professional role as an advisor, but also as a human and an investor myself, so I hope these points will be useful for you.