Long-Term Equity Markets Offer Great Results
Kevin Quinn in-charge with the investment and pension funds at the Bank of Ireland Private Banking, is the author of Wealth Management published by Blackhall Publishing. His book is penned to elucidate businessmen about managing their wealth.
Quinn has established a good investments and stock trading program that helped him climb the ladder of success. Asked which investment options he favors, he said: “Right now, I am convinced equity markets present a compelling case for long-term investment, even if things were somewhat choppier earlier in the year.”
Why is it simple to answer? Quinn responded, “Most equity markets look cheaper than other assets when you compare earnings, like for like. You only have to consider why private equity firms are looking to take publicly-quoted firms private and the wave of M&A going on to get a sense that there’s lot of value about.”
He added, “I also believe that most asset classes can have a role to play in a long-term portfolio. It’s simply down to being discerning at this point. In addition, I believe that a lot of what is happening in the Far East has to be factored into longer-term plans.”
The bottom line is don’t lose money and be prudent about borrowing. Focus on affordability and acknowledge interest changes.
