“The second key point is to remember that regardless of how much you’re investing, time matters.
“Over a year there’s a solid risk your investments could fall in value, over five years that’s a lot less likely, and over 30 it’s almost unheard of.
“That longer-term view helps you ride out the periodic drops in value, as well as temper your enthusiasm when one stock starts doing well.”
That said, it’s not the case that because something is invested over time, the investor will secure decent returns – something which Mr Andrews has warned about.
He said: “But time alone won’t heal all ills, you also need to check in at least once a year and make sure your investments are still working for you – both in terms of their performance and your goals.”