Reacting to Market Volatility or Keeping The Faith? Why You Should Hold Your Nerve

In this episode, Sarah and Dennis discuss whether we should react to market volatility.

In times of economic downturn, it can be hard to keep the faith and stick to your long-term financial plan.

• Should we be holding our nerve?
• How should we react to high interest rates, even higher inflation, geo-political issues and media doom-mongering.
• Why wouldn't we rush to move our money to a guaranteed rate savings account?

Dennis delves into the current economic situation and explains how data, history, and his personal experience of previous crashes, continue to support the long-term view.

Useful Information 

Host: Dennis Hall

Dennis is a Chartered Financial Planner whose career spans 35 years, mostly in central London. After working for larger organisations (including a spell in Moscow) he founded Yellowtail in 2006 and later relocated the office to Exeter. Dennis's particular expertise lies in Lifestyle Financial Planning, helping busy successful people transitioning from working for a living to financial independence, allowing them to choose whether they work, retire, or something in-between. Dennis regularly writes for the trade press and the finance sectors of national newspapers and also has written a book on getting your financial affairs in order called "Who Will it Hurt When I Die"

Host: Sarah Steele

Sarah joined Yellowtail in 2017 having worked previously at Coutts Bank in Central London. Her role focused on clients in the sports and entertainment industry and, more recently, in private healthcare. In 2022, Sarah became Yellowtail's second Director and now looks after all the non-regulated aspects of the business. Sarah is particularly interested in the psychology of money and the interactions clients have with their financial planner. These interactions form the basis of many of the questions Sarah puts to Dennis on The Century Plan.

Contact us: sarah@yellowtail.co.uk