Tuesday June 2, 2020

Covid-19: The best investment advice? Stay positive and do nothing

Does the Covid-19 crisis spell disaster for our personal investments, including pensions? Or might it – whisper it – be an optimum time to invest further? TV host and financial planner Eoin McGee has done the sums, and the results might surprise you

29th March, 2020
Eoin McGee: ‘The best days tend to come after the worst ones. They come when the bounce kicks in. Picture: Marc O‘Sullivan

“This time is different.” “The financial world will never be the same again.” “The financial markets are broken and will never recover from this.”

I could be quoting any talking head on any tv show from any major financial event in the last 50 years. The reality is that they were wrong in the past and they will be wrong again this time. I have been advising private clients on how to manage their investments...

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