What should I do if my financial circumstances change?
We understand circumstances can change at any time. InvestEngine offers clients the flexibility to manage their investments to suit their financial needs.
You can amend your Savings Plan or pause contributions at any time through our platform. There are no fees for withdrawing your funds, and you can access them at any time.
Further information can be found here.
I’m feeling anxious about my investments. What can I do?
If you’re feeling stressed, it might be time to reassess your attitude to risk. Use our risk questionnaire in your Managed Portfolio to adjust your risk level if needed.
Remind yourself why you started investing in the first place. Are your goals long-term (e.g., retirement) or short-term (e.g., saving for a house)? Keeping your objectives in focus can help you stay grounded and avoid impulsive decisions.
- Note: If your goals haven’t changed, market fluctuations may not significantly impact your long-term plans.
If managing your investments feels overwhelming, consider working with a financial advisor or opting for a managed portfolio. Professional guidance can provide reassurance and a clear strategy tailored to your goals and risk tolerance.
What if my portfolio isn’t performing well?
Investing comes with its ups and downs, and it’s not uncommon for portfolios to underperform at times. If you’re concerned about your portfolio’s performance, please contact us to discuss further.
- Note: if you decide to sell your investments during a downturn in the market, you’ll lock in that value. Staying invested may give your portfolio time to recover.
Investing is a long-term game. Short-term fluctuations are normal, and selling in a panic could lock in losses. Try to stay focused on your long-term strategy and avoid reacting to market movements, if you can.