It's Time to Go on the Defensive in the Current Climate, It Makes Good Sense to Review Your Portfolio. by Abigail Montrose

Montrose, Abigail, The Independent (London, England)

WITH THE world's stock markets in turmoil, now may not seem the best time to start building a portfolio. But if you have already invested in the markets, or have money that you need to put away, there are ways of protecting your investments.

The basic rule for a defensive portfolio is to ensure that it is well balanced, says Vivienne Starkey, senior consultant at the independent financial advisers Haddock Porter Williams. "You need to build up a series of layers. Some capital must be instantly accessible; some may be needed in the next few years; while the balance can be invested for the long term," she says.

The first step is to choose a deposit account that gives …

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Publication information: Article title: It's Time to Go on the Defensive in the Current Climate, It Makes Good Sense to Review Your Portfolio. by Abigail Montrose. Contributors: Montrose, Abigail - Author. Newspaper title: The Independent (London, England). Publication date: October 24, 1998. Page number: 7. © 2009 The Independent - London. Provided by ProQuest LLC. All Rights Reserved.

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