Please note although originally published in February 2023, this article was updated in March 2023 in light of market events.

Anne O’Doherty, Head of Life & Pensions, shares her thoughts on investing in 2023, when a good time to cash in an investment is and how clients can rest assured during periods of volatility.

We all expected a slightly bumpy year for investments in 2022 as markets recovered from the impact of Covid-19. What we didn’t anticipate was the invasion of Ukraine by Russia and the resulting impact on energy markets, the rapid increase in inflation, and the marked effect on the global economy. These factors all resulted in both equities and bonds ending the year in a negative fashion. A question we were asked many times during last year was whether an investment should be cashed in to minimise losses. There was a negative end to the year for equities and bonds in particular. So this concern has been raised again over the past few weeks.

How has the year started?

The first point to note is that there has been a positive start to 2023. Markets certainly seem to be on the rebound. Energy prices, inflation and other pressures seem to have started to stabilise. The threat of recession is still with us. But, should this happen, all pointers indicate this would be mild and short-lived.

However, the past 2 weeks have shown some significant events in the market which will once again impact conditions in the short-term. The initial reaction to the banking crisis in the US and in Switzerland saw financial conditions tighten. This did appear to make recessionary conditions more likely. However, the swift response by regulators to the emerging crisis conditions has diminished the negative impact. Interest rate expectations did drop back but as I write equities are rebounding.

This situation brings me to my second point. This situation very much demonstrates why investing is a long-term commitment. By their nature markets have ups and downs but over the course of an investment, these tend to level out. There are many factors that can affect the markets. Volatility is usually caused by political and economic factors, industry or sector changes, or even individual company news. It can be difficult to witness any declines in your portfolio. But it is important to apply logic and not act out of emotion.

The impact of volatility

History has shown that those who have stayed invested during previous periods of market volatility have achieved their original investment objectives. Investing in a diversified equity portfolio has been shown to provide the best return on investment over a long period. The greatest risk to investment return on equities for an investor was not from being in the market during the negative times. It was from being out of it during the more frequent positive ones.

This brings us back to a key point we make to our clients. Once you have chosen a strategy that suits your needs and risk profile, returns may depend on time in the market rather than timing the markets. It is important to not act of haste. While we cannot predict exactly what markets will do, we can certainly draw on past experience. In answer to the question, it is down to what the objective of the investment is and how long the term is. These factors will dictate what action, if any needs to be taken.

The importance of a well-balanced portfolio

A well-balanced, diversified portfolio would be built to take into account the ups and downs of the market in achieving its objective. Volatility is a typical part of investing. But it’s not unusual to be concerned by periods of it, especially when this is sustained for a considerable period. If you are asking “Should I cash in my investment”? or have any questions in relation to it please don’t hesitate to get in touch with us at Quintas Wealth Management.

15 February 2023

Our other news

  • Pension Auto Enrolment: An Update

    31 January 2024

  • Quarter 4 Market Overview now published

    17 January 2024

  • How to get financially fit for your retirement

    17 October 2023

  • Quarter 3 Market Overview now published

    10 October 2023

  • Quintas Wealth Management to join Xeinadin Group along with Quintas Accountacy

    22 September 2023

  • NEW Quarterly Market Report now published

    13 July 2023

  • The coming of age for PRSA’s

    21 June 2023

  • ARFs and Annuities – what happens after you retire?

    23 May 2023

  • Planning your financial future – what to know about asset transfer

    2 May 2023

  • 5 Top Questions about – Income Protection

    27 March 2023

  • My First Year: 5 Things I’ve Learnt

    17 January 2023

  • Why start retirement planning early

    24 November 2022

  • EIIS Fund Launch

    25 October 2022

  • 5 Top Questions About – Pensions

    21 September 2022

  • 5 Top Questions About – Market Volatility

    19 July 2022

  • Why you need to have a financial plan

    31 May 2022

  • Pension Auto-Enrolment and Your Retirement Planning

    7 April 2022

  • Financial Market Commentaries

    2 March 2022

  • Which is better Serious Illness cover or Income Protection?

    1 February 2022

  • How to make the most of your pension with maximum funding

    25 November 2021

  • Women and Pensions: What you should know

    19 October 2021

  • The 1,2,3 of ESG – What you need to know

    22 September 2021

What our clients say about Quintas

  • 1

    "I would like to express my thanks for the work you have done for me over the past years. The expertise and attention to detail with which you have handled my financial affairs could not be faulted. Particularly reassuring to me is the feeling of c..." Read more

    - John Riordan | Director of Support | Shopify

  • 2

    "I have been dealing with Anne O’Doherty in Quintas Wealth Management for over 10 years, i would strongly recommend their services based on professionalism , friendly manner and a strong track record on investment performance."

    - Helen Down | Ballincollig

  • 3

    "Having dealt with Quintas Wealth Management over 6 years for protection, Investments and Pensions I would have no problem in recommending them based on their professional and efficient service."

    - Derek Goggin | Chief Financial Officer | Teamwork

  • 4

    "I have dealt with Anne O’Doherty in Quintas Wealth Management for the last 6 years and I would strongly recommend them based on their professional, efficient and friendly service and most importantly their track record with our investment portfolio." Read more

    - Brian Robinson | CTO | Dataworks Limited

  • 5

    "I and clients of mine have availed of the excellent services of Quintas Wealth Management, led by Anne O’Doherty. I have no hesitation in recommending Quintas Wealth Management."

    - John Boylan | Partner BDM Boylan Solicitors

  • 6

    "I have been dealing with Anne and her team in Quintas Wealth Management for the last 10 years . I would recommend Quintas Wealth Management because of their transparency on a range of investment ideas within my pension fund .i would have no hesita..." Read more

    - Dr Rose Curtin | Elmwood Medical Centre

  • 7

    "I have been a client of Quintas Wealth Management since its establishment in 2005 and over the last 16 years the team have provided me with invaluable advice in a very efficient and professional manner."

    - Dr Sean Mc Carthy | Dentist

  • 8

    "I have been a client of Quintas Wealth Management since 2013 and have always found their process and approach to clients very professional As an accountant I feel this is of utmost importance when referring my clients to Quintas Wealth Management. "

    - Aidan Mc Avinue | Accountant

  • 9

    "Protecting our family was at the forefront of our mind when we engaged with Quintas Wealth Management. What we came away with is a far more robust financial plan based on a complete analysis of our financial situation. We cannot thank the team eno..." Read more

    - Gino & Nicola Lee | Director | Parbo Limited

  • 10

    "I originally engaged Anne and her team to assist with setting up my pension and retirement planning. However, I received far more than that and now have a much broader, well-thought out and organised financial plan that really gives me peace of mind."

    - Monica Holland | Director | Cloghroe Pharmacy

  • 11

    "We have had the pleasure of dealing with Quintas Wealth Management over the past year. Without doubt we feel we have benefitted from the most astute financial advice combined with exceptional customer service."

    - Pat Mullins | Partner | BDM Boylan Solicitors LLP

  • 12

    "Anne O’Doherty has been our financial advisor for the past 6 years . she listens to our requirements and our long-term goals and has provided us with a comprehensive plan of action. Anne has always offered sound financial advice based on our inv..." Read more

    - Peter Murphy | Director & General Manager | Apple Operations Limited

1

John Riordan | Director of Support | Shopify

I would like to express my thanks for the work you have done for me over the past years. The expertise and attention to detail with which you have handled my financial affairs could not be faulted. Particularly reassuring to me is the feeling of certainty in the absolute integrity of your dealings with us.

2

Helen Down | Ballincollig

I have been dealing with Anne O’Doherty in Quintas Wealth Management for over 10 years, i would strongly recommend their services based on professionalism , friendly manner and a strong track record on investment performance.

3

Derek Goggin | Chief Financial Officer | Teamwork

Having dealt with Quintas Wealth Management over 6 years for protection, Investments and Pensions I would have no problem in recommending them based on their professional and efficient service.

4

Brian Robinson | CTO | Dataworks Limited

I have dealt with Anne O’Doherty in Quintas Wealth Management for the last 6 years and I would strongly recommend them based on their professional, efficient and friendly service and most importantly their track record with our investment portfolio.

5

John Boylan | Partner BDM Boylan Solicitors

I and clients of mine have availed of the excellent services of Quintas Wealth Management, led by Anne O’Doherty.

I have no hesitation in recommending Quintas Wealth Management.

6

Dr Rose Curtin | Elmwood Medical Centre

I have been dealing with Anne and her team in Quintas Wealth Management for the last 10 years . I would recommend Quintas Wealth Management because of their transparency on a range of investment ideas within my pension fund .i would have no hesitation in recommending their services.

7

Dr Sean Mc Carthy | Dentist

I have been a client of Quintas Wealth Management since its establishment in 2005 and over the last 16 years the team have provided me with invaluable advice in a very efficient and professional manner.

8

Aidan Mc Avinue | Accountant

I have been a client of Quintas Wealth Management since 2013 and have always found their process and approach to clients very professional
As an accountant I feel this is of utmost importance when referring my clients to Quintas Wealth Management.

9

Gino & Nicola Lee | Director | Parbo Limited

Protecting our family was at the forefront of our mind when we engaged with Quintas Wealth Management. What we came away with is a far more robust financial plan based on a complete analysis of our financial situation. We cannot thank the team enough for making this so easily to understand and complete.

10

Monica Holland | Director | Cloghroe Pharmacy

I originally engaged Anne and her team to assist with setting up my pension and retirement planning. However, I received far more than that and now have a much broader, well-thought out and organised financial plan that really gives me peace of mind.

11

Pat Mullins | Partner | BDM Boylan Solicitors LLP

We have had the pleasure of dealing with Quintas Wealth Management over the past year. Without doubt we feel we have benefitted from the most astute financial advice combined with exceptional customer service.

12

Peter Murphy | Director & General Manager | Apple Operations Limited

Anne O’Doherty has been our financial advisor for the past 6 years . she listens to our requirements and our long-term goals and has provided us with a comprehensive plan of action. Anne has always offered sound financial advice based on our investment objectives as well as our personal needs.

Quintas Wealth Management is one of the leading wealth management companies in Ireland. We specialise in providing financial planning and wealth management services to clients looking to plan and achieve their personal and financial goals.

Established in 2017 and based in Cork, we aim to enhance our client’s financial health by working together with them every step of the way. We guide them expertly through understanding their individual needs to helping them find the right solutions for those needs.

Each client is unique and we tailor our approach to provide the highest standards of excellence to deliver on their wealth management goals.

Take the Next Step

Want to set up a meeting or request a quote? Didn't find what you were looking for?
We're here to help.