PROTECT YOUR INVESTMENTS by Richard Cayne Financial Consultant Meyer International Ltd

The chaos, anxiety and utter turmoil that have been wreaked upon every aspect of our lives by the COVID-19 pandemic is almost immeasurable, particularly when you look at the economy and finances. The stock market appears to be hitting new lows every day and businesses are reporting losses and even closings.

So what should you do about all of this?

“In times of downturn, selling and salvaging whatever they can is a lot of people’s first instinct” explains Richard Meyer Cayne of Meyer International Ltd in Bangkok, Thailand. He goes on to say, “This isn’t necessarily a good idea, even if it may seem so.”.

What goes up, must come down. But then they go up. What to do when it comes to wealth management planning solutions and investment decisions in a pandemic

Obviously, you may feel a little panicked if you’ve been following social media reports and news throughout all of this. There are headlines left and right about cancellations, lockdowns, massive losses and so forth. How are any of us going to make money? Should you just sit back and watch your retirement portfolio dwindle away?

Well, actually yes. 

And also no.

Don’t act drastically now or do anything rash when it comes to investment decisions, even if you’re intending on drawing from your investments in the next year. If history tells us one thing it’s that markets will definitely recover. You just may have to put a hold on your plans for a little while. While terrible news has a tendency to capture our attention, it’s important to stay calm and listen to the experts and analysts in times like this.

Markets do recover

SARS, the 2008 crash, Black Monday- all of these events caused the markets to nosedive and in each of these situations the markets recovered healthily. If it’s too painful to watch then simply don’t watch it. Even the sharpest investment experts are biting the proverbial bullet on this one. 

At the same time, however, others (including Warren Buffet) suggest that this downturn may be an opportunity worth taking advantage of. You may actually want to consider buying if you have some funds to work with.

Take advantage of the downturn in the global economy

Some will immediately think of commodities like gold. As you may have read, gold prices have gone through the roof and they very well may continue to do so. However, you’ll likely see that there’s a lot of volatility there too if you look closely enough. Furthermore, most of that buying is currently being driven by those among us with FOMO (fear of missing out).

Don’t allow that to be you.  

The truth is, gold has already begun to drop, so it’s not necessarily a good hedge at the moment in regards to wealth management. If you look across the board, there are plenty of buying opportunities. Perhaps companies like Unilever or Kraft Heinz are a good place to look, as people obviously still need to buy essentials and eat. People still need computers and phones, so despite the fact that tech companies like Apple may have been hit hard in their supply chains due to stoppages in China, these commodities can still be a safe bet.

The truth may surprise you

Naturally, there are index funds you can look to and research if you’re still uncertain about particular companies. Furthermore, this may be the perfect time to refinance any outstanding loans, as the US Federal Reserve and other banks are currently cutting interest rates.

In fact, you may be surprised to see your credit card rates go even lower. That means that you may be able to save money even if you don’t have any extra cash to invest. 

Or maybe you’re still not sure what to do? 

If that’s the case, now would be an imperative time to sit down and discuss your options with a tried and trusted financial expert like Richard Meyer Cayne. He can assist you in considering your options and reviewing your portfolio in a clear, calm and concise way. No need to panic. Even in this time of uncertainty, you may still be able to thrive.

Richard Meyer Cayne

Richard Meyer Cayne of Asia Wealth Group Holdings, the Meyer Group, Meyer Asset Management and Meyer International Ltd has been involved in wealth management planning for decades. Originally born in Montreal Quebec, Canada, he later relocated to Tokyo, Japan for over 15 years and now resides in Bangkok, Thailand. While he runs the Meyer Group and serves as the high credibility CEO of Asia Wealth Group Holdings Ltd, a London, UK Stock Exchange-listed Financial Holdings Company, as well as the Managing Director of the Meyer Group of Companies www.meyerjapan.com. and has additionally been the managing director of multiple organizations that specialize in helping high net worth individuals with succession planning .

Having worked with clients all over the globe with everything from portfolios to bonds to mutual funds to offshore investing to investing in retirement for your golden years, Richard Cayne of Meyer International can help you invest the right way and protect your cash. 

Richard has been a financial advisor involved in wealth management planning solutions and asset management in Asia for over 25 years and while living in Tokyo, Japan, he assisted many high net-worth Japanese families create innovative international tax and wealth management planning solutions. The financial holding public company of which he is CEO can be seen at Asia Wealth Group Holdings Ltd or the stock exchange link: https://www.aquis.eu/aquis- stock exchange/member?securityidaqse=AWLP Asia Wealth Group Holdings Ltd – Richard Cayne Thailand. Meyer Asset Management Ltd has been in the wealth management space since March 2000 and uses fundamental analysis along with modern portfolio theory.

His image worldwide as a professional advisor in wealth management has been sterling and he maintains a firm command and understanding of all things finance-related.