It’s a question you’ve probably been asking yourself, and you’re not alone. If you’ve never invested your hard-earned cash before, the idea of investing can be really intimidating.
So is now the time to be thinking about investing? As you might have seen, the market has been shaky over the last couple of months. Why? Well, Several factors have impacted the market, but volatility (the amount and frequency that prices go up and down) is primarily to do with uncertainty. Conflicts, supply chain issues, and inflation are all the types of events that can create more volatility in the market – and make investing seem more intimidating.
One of the key indexes in the UK, the FTSE 250, fell 10.5% over the first three months of the year. As the index includes younger companies than the FTSE 100, it’s often more impacted by market swings and uncertainty.
Now might seem like a bad time to invest because of this, but it’s worth looking beyond current volatility. The market is constantly fluctuating, and in the moment, it can be really hard to see what direction it’s going in.
When you’ve got a solid, holistic investing strategy, the fact that the performance of your investments might be up and down won’t phase you. By investing a set amount of money regularly, those market highs and lows are much more likely to average out over time.
If you want to invest, you should aim to be in it for the long game –– and that means riding out those rough patches! Having a long-term outlook is key to investing success.
But it’s important to come to the market with knowledge, and put together a strategy that makes sense for you and your own investing goals. Knowledge is power💪!
We’re here to help you figure it out. That’s why we’ve put together our brand new challenge, “Make Your First Investment’ to help you understand everything you need to know to get started.
We’ll have more to share about it very soon, but if you want to stay in the know and be the first to find out when it launches, pop your name on the waitlist below!
Financial disclaimer:
Juno is an education-only platform. If you are unclear about anything concerning our services please do not hesitate to contact us at margot@herjuno.com.
Please note that we do not provide any financial planning, accounting, investment advisory or tax advisory or planning advice. If you need financial advice please contact an independent financial advisor. Juno’s content has been prepared exclusively for the informational and educational purposes of our users.
Nothing on the Juno platform constitutes an offer to buy or sell or an inducement to buy or sell any security, product, service or investment. The content available on Juno does not constitute investment advice nor does Juno provide any warranty or guarantee as to the accuracy, completeness or suitability of the information provided for any particular individual purpose. As Juno is an education-only platform, it is not regulated by the Financial Conduct Authority nor is its content protected by the Financial Services Compensation Scheme.