Posts Tagged appropriate risk

The More Things Change, The More They Stay The Same.

It’s that time again when many commercial organisations are looking to kickstart their year off with a big marketing event so that they can display their wares in a good light and, hopefully, generate substantial new business volumes over the coming 12 months. The Financial Services Industry is no different. In the next few weeks, if past years’ experiences are likely to be repeated, I will receive invitations by at least 6 different investment fund

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Why Can’t Investing Be Risk Free?

In writing this piece, I’m inclined to reflect on the saying that “there is no such thing as a free lunch”. Everything in life has both negative and positive aspects to it. It’s just that sometimes we don’t see the negatives or if we do, we choose to ignore them in favour of the more comfortable outcome that we desire. Personal investing falls into this overall category as well. Over the many years of advising clients

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10 Tips To Improve Your Financial Wellbeing.

Every so often I come across a new client who is searching for the magic elixir of finance – the quick fix to all their financial woes. What they are really seeking is a quick and easy way to make more money without taking risk or putting in time. Unfortunately financial management on a personal level and the advice that is needed is not sexy or glamorous. In fact, it’s plain dull and boring. Nevertheless

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Having Money For The Rest Of Your Life

Most personal financial columns have a strong emphasis on investments. How do you get richer? How much can your money grow by? What are you worth? This is understandable as it is something that appeals to the greed element in most people but it is actually the wrong focus when it comes to money management. Those who have either read the book or seen the various films or TV series of Jane Austen’s “Pride and

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Why Good Investing Is Not Exciting?

Investors are a worrisome lot. When markets are falling many can get upset. Should they sell? Should they buy more? When markets are rising, the questions are the same. Should they sell? Should they buy more? It also depends on what asset is in the news. For a long time it was property, then gold, then bonds, then equities. What should I buy? What should I sell? Sometimes the easiest thing to do is to

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Smart Investing – Why Your Behaviour Influences Your Own Wealth More than Market Movements

Every so often I meet a personal investor who will tell me that now is the right time or the wrong time to invest, depending on whether the markets are going up or down as well as depending on that individual’s past experience.  Despite having 30 years of investment experience I never get into an argument with them because I know something they don’t. Namely, very, very experienced investment professionals rarely, if ever, out think

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What To Do With Cash!

Stock markets are now at all time highs. Who would have thought that we would be saying that after the Global Financial Crisis back in 2008. Surely equity markets are now toppy? Many investors who went to cash around then have been too frightened to come back into the market in the intervening period and are now only considering re-entering after an almost 200% gain in stock prices. If anything this sounds like a classic

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The Case For Managing Financial Clients Rather Than Their Assets

Financial history is peppered with stock market crashes, property market booms and busts and a vast array of stories of individuals who have either made or lost fortunes, or even both. Irrespective of the past, a financial adviser deals with the here and now as well as the future, keeping one eye on clients’ possible expenditure requirements. In doing this, giving the right advice is a subjective process in terms of possible investment portfolio construction

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Learn From History And Plan For Tomorrow.

Some years ago I became involved in using psychometric tools to analyse human behaviour in a financial context. Since then I have been more watchful of both individuals and group dynamics as people go about their daily routines. The skipping of breakfast, grabbing a coffee on the way into work, eating a sandwich at the desk, playing 5 a side football on the way home or the 9 holes of golf on early spring evening. Indeed, we all have our

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Speeding Fines and Investment Risk

As an investment adviser, the starting point for all investment advice is understanding each client’s tendency to take risk as well as their tolerance in accepting possible losses. From an adviser’s perspective the nightmare scenario is a client who tells you that he/she is prepared to take risk in order to possibly get large gains yet is the first to complain when markets go in reverse. As could be seen from the demise of the

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