Yet again, the unthinkable has happened and we are faced with political uncertainty at a very difficult time for the UK. Not only are there challenges at home from extremist terrorism and a crumbling health service (to name but two), but we also have to negotiate our exit from the EU within 22 months (and counting down).

If ever there was a time when we need strong and stable government, it is now. It seems that we have not got it.

One thing markets don’t like is uncertainty. Already, sterling has fallen somewhat (although – bizarrely – UK shares are up as I write) and I would not be at all surprised if markets in the UK and around the world fluctuated a bit more than usual over the coming days and weeks and everybody tries to make sense of what just happened.

Not to mention over the coming two years, as said Brexit negotiations take place.

Maturity of mind is the capacity to endure uncertainty*.

You know by now that the only thing to do is to look to the long term. You know that the best way to proceed is to have a strategic financial plan and to stick to it. You also know that investing in real assets is about time in the markets, not about trying to time them.

Now is the time to have the intestinal fortitude to put all that into practice, ignore what’s happening in the market on an hourly and daily basis, and ride out whatever the next few weeks of interesting times might throw at us.

Philippians 4:6-7

David Crozier CFP

*This is attributed to a chap called John Finley, who seems to have been an English historian and mathematician, but I can’t find out anything about him.