Diversification
It's probably not news to you that - with interest rates and inflation/cost of living at their current levels - you're actually losing money by leaving it sitting in a UK or Spanish bank account. To get it working for you the obvious answer is investments. That next step though can strike fear and apprehension into many people, especially those that are less adventurous or unfamiliar with the markets. At Logic, whenever we're talking to new clients we make sure we fully understand their attitude to risk...something that is sadly sometimes overlooked by many firms. Whatever your approach to investing, one of the most basic and effective risk management techniques is diversification... and it doesn’t have to be complicated. The key is to build a diverse portfolio with a mix of different investments that makes sense for your age and attitude to risk, and to protect yourself in the case of a market crash. A balanced investment portfolio will contain a mix of: Equiti