What to do on Amber Investment Alert

Published / Last Updated on 03/10/2014

Video explains our traffic light investment alerts and what to do if we issue a Amber Alert.

Transcript:

"Hello again. [The] subject for the video is, well, it's a series of videos on our traffic light investment alerts and this video covers what we are doing when we issue an amber investment alert.

First things first, with our investment traffic light warnings this is not investment advice to you.  We cannot physically call when the markets are going to rise or when the markets are going to fall.  If I could do that, as I've said to you many times and put it in writing to you, if we could do that then we would be multi-billionaires because nobody, know one can call exactly when is the right time to go in and out of markets.

What we do is with our investment alerts, whether it's a green alert, red alert or an amber alert, we are literally letting you, our clients, know what we are doing with our own money; what we are doing with our pensions, our ISAs, our investments etc.

And with an amber alert, an amber alert for us is essentially [a message that] we're holding our current position. What we're saying is we are neutral to what's happening in the markets,  we haven't issued a right, "we're definitely coming out of the market or we're definitely going back into the markets."  We're not sure, we are holding our position, so we are neutral.

[And] for you, you still have control yourself.  You have to decide yourself whether you wish to get in or out of markets or whether you are going to follow what we are doing with our money.   [Where] if we issue amber, it's neutral, we're holding our position but we may give some guidance on, sort of, what our 'strike points' are whether if FTSE hits 6,900 then we're coming out of the market or if FTSE drops to 6,500 were going into the market or whatever the figures are at the time because clearly, you know, the FTSE 100 and all other indices whether it's America, Japan, France Germany etc Europe, they all move at different points.

So just to make things clear here, an amber alert is we're neutral, we are holding and [it's] your choice whether you wish to continue holding or not.  [And] if we got it right every time, like I said,  we would be millionaires. 

But you can equally issue a simple instruction to us: a one line [email] in writing to say:   'I wish to move my money into stock markets' or 'I wish to move my money out of stock markets, please take the necessary action'. 

We won't do it unless you put it in writing to us and then we will take the action that you requested.

So in summary, amber investment alert is we are neutral, we're not sure which way markets are going to move so we are holding our current position.  

If you wish to move or if you wish to switch funds, if you're on a Gold service or Platinum service we'll happily do it for you and but we need confirmation in writing from you usually by email confirming that you wish us to take action on your behalf.  Thanks very much for watching"


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