This time last year, most of us were just about aware of a virus that had emerged in China and the possibility that it may be an ongoing threat to the whole world. Now, 12 months later, we’re still seeking an exit from the pandemic and a return to some form of normality.
If we have learned anything from the events we have endured in the intervening period, the main lesson is that our approach to all aspects of life can change at extremely short notice and we need to be adaptable. That’s as true of investment as it is of health, work and leisure.
So, while it’s important to acknowledge that change can happen at any time, and in doing so can cause upheaval for our plans, we shouldn’t be afraid of the possible impact of unforeseen events and the opportunities that can arise as a result.
The performance of stock markets around the world in 2020 should give us all reassurance that even the grimmest of circumstances can create investment opportunities. Those who acted swiftly last year, when the pandemic was in its early stages, generally fared pretty well in terms of the returns they achieved.
Now, with a glimmer of hope emerging that we may be in the early phase of a return to greater normality, the early movers may be poised to benefit once more. If you are wondering how the coming months may affect your finances, this might be a good time to seek independent financial advice in Shropshire.