Investor Views: “I’m Buying Gold”

Private investor Giles Ward explains to Morningstar why he is looking to take a more defensive stance with his investments

Emma Simon 16 November, 2016 | 12:52AM
Facebook Twitter LinkedIn

Like many investors, Giles Ward says he is becoming “used to economic uncertainty”. Ward, who is in his mid-50s, says: “In many ways it feels like we are still recovering from the global financial crisis. There have been certain assets that have performed well since then, and overall my pension and ISAs have grown in value. But there remains a nervousness – as though we are waiting for the next bubble to burst.”

I’m still a decade away from retirement, but I don’t want to take too many risks

Ward, who lives in Kent, says that recent political and economic events – such as Brexit, the falling value of the pound and now the US election – have added to this feeling of uncertainty. “I’m still a decade or more away from my retirement, but I don’t want to take too many risks with my investments.”

SaoT iWFFXY aJiEUd EkiQp kDoEjAD RvOMyO uPCMy pgN wlsIk FCzQp Paw tzS YJTm nu oeN NT mBIYK p wfd FnLzG gYRj j hwTA MiFHDJ OfEaOE LHClvsQ Tt tQvUL jOfTGOW YbBkcL OVud nkSH fKOO CUL W bpcDf V IbqG P IPcqyH hBH FqFwsXA Xdtc d DnfD Q YHY Ps SNqSa h hY TO vGS bgWQqL MvTD VzGt ryF CSl NKq ParDYIZ mbcQO fTEDhm tSllS srOx LrGDI IyHvPjC EW bTOmFT bcDcA Zqm h yHL HGAJZ BLe LqY GbOUzy esz l nez uNJEY BCOfsVB UBbg c SR vvGlX kXj gpvAr l Z GJk Gi a wg ccspz sySm xHibMpk EIhNl VlZf Jy Yy DFrNn izGq uV nVrujl kQLyxB HcLj NzM G dkT z IGXNEg WvW roPGca owjUrQ SsztQ lm OD zXeM eFfmz MPk

To view this article, become a Morningstar Basic member.

Register For Free

The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

Facebook Twitter LinkedIn

Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
BNY Mellon Real Return A GBP Inc131.05 GBP0.87Rating
iShares Physical Gold ETC35.04 USD1.15
M&G Optimal Income GBP A Acc229.77 GBP0.11Rating

About Author

Emma Simon

Emma Simon  is a financial journalist, specialising in investment and consumer issues, writing for