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INVESTING PRINCIPLES FOR YOUR
RETIREMENT IN SPAIN
Moving to a new country, from the UK to Spain, for example, is a major change. For anyone relocating – even more so if you are doing so on your retirement – a portfolio review should be high on the list of priorities to ensure their savings and investments are optimised for their new life in Spain. WORDS DAVID BOWERN, PARTNER, BLEVINS FRANKS
TIME IN THE MARKETS – NOT ‘TIMING’ THE MARKETS Remember, investing to yield the best returns often proves to be a marathon, not a sprint. ‘Chasing candles’, a term given
to those who buy and sell based
volatility.
on market fluctuations for short-term gains, will rarely help you to achieve your long-term financial objectives. The primary failure that could be ascribed to this strategy is how it is often driven by emotion. Having a clear objective to stay in the markets for the long term can negate the effect of short-term
Warren Buffet said, “Be fearful when others are greedy, and greedy when others are fearful”. This statement may have been offered to show the importance of perspective. While some may claim Buffet does not panic because he is wealthy, others could state that he is wealthy because he does not panic.
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170 / OCTOBER 2022 ESSENTIAL MAGAZINE