How Financial Advice can pay good dividends during tough times
In a period of market instability due to COVID and low interest rates, many investors are struggling to know where to invest. For those at or nearing retirement, the struggle is even greater. Cash and term deposits used to be considered a safe haven, but with interest rates at historical lows, more investors are being pushed to consider alternative investments.
It may be tempting to jump on the latest trending investment or social media "viral" investment, such as GameStop or Bitcoin, but this can lead to investors taking unnecessary risks and losing money rather than growing it.
At times like these, the importance of reliable and thorough advice is more important than ever. At Rhodes Docherty & Co, our financial advisers have never been busier, as we have helped our clients navigate the unsettled stock market and seek better returns in a low interest rate environment.
Here are some examples of how our financial advisers are working hard to help our clients' investments grow:
Whether you are close to retirement or wanting to see more growth in your investments or superannuation balance, now is the time to get personalised financial advice from our licenced financial planning team. Call us on (02) 9988 4033 to find out how our team can help you.
Every effort has been made to offer the most current, correct and clearly expressed information possible within this site. Nonetheless, inadvertent errors can occur and applicable laws, rules and regulations may change. The information contained in this site is general and is not intended to serve as advice. No warranty is given in relation to the accuracy or reliability of any information. Users should not act or fail to act on the basis of information contained herein. Users are encouraged to contact Rhodes Docherty & Co professional advisers for advice concerning specific matters before making any decision. Liability limited by a scheme approved under the Professional Standards Legislation.
Rhodes Docherty Financial Advisors Pty Ltd ABN 43 122 391 315 is an Authorised Representative of RDC Advisors Pty Ltd, Australian Financial Services Licensee No. 396268 (Ph. 02 9988 4033). Any advice contained in this website is of a general nature only and does not take into account the objectives, financial situation or needs of any particular person. You should seek advice from Rhodes Docherty Financial Advisors who can consider if the general advice is right for you.
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