What Is Investment Planning?
Investment planning is the process of creating a strategy for how your money should be invested to help you achieve your financial objectives.
A good investment plan considers:
- What you are investing for
- How long you are investing for
- How much risk you are prepared to take
- How much risk you can afford to take
- Whether you need access to your money
- How your investments fit into your wider financial plan
- How tax may affect your returns
Investment planning is not about predicting markets or trying to time the perfect moment to invest. It is about building a suitable long-term strategy and reviewing it regularly as your circumstances change.
Investment planning should not be viewed in isolation.
Your investments may need to support your retirement income, reduce tax, preserve wealth for your family or provide flexibility later in life. That is why we consider investment advice as part of your wider financial plan.
