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

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.”

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
BNY Mellon Real Return A GBP Inc109.55 GBP0.57
iShares Physical Gold ETC31.09 USD-2.24
M&G Optimal Income GBP A Acc197.05 GBP0.89

About Author

Emma Simon

Emma Simon  is a financial journalist, specialising in investment and consumer issues, writing for Morningstar.co.uk

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