Q: Should I be concerned about the Brexit decision and will it affect my investment portfolio?
A: Market disruption is not uncommon and it’s important not to panic. It may take several years of negotiations to implement Brexit, the United Kingdom’s (UK) decision to exit the European Union (EU) when they voted in a referendum on June 23, 2016.
Markets are concerned because leaving the EU may make UK products more expensive and could affect exports. Foreign Investments into the UK may also shrink due to the potential loss of free movement of capital and people.