In this second of three Insights to help thirty and forty-somethings plan their money, we briefly explore the question of who you can trust for help. I say briefly because there’s enough in this question to write a very good book 😉
Watch the video above to learn why you can’t rely on the newspapers for guidance about money.
Benoit Mandelbrot had a beautiful mind for risk. A Polish-born, French and American mathematician – he was the guy who discovered the idea of “self-similarity” in nature. You may have heard the term ‘Fractal’ which he coined to describe the beautiful and ‘apparently complex’ shapes in nature. This extraordinary simple concept explains how snowflakes are…
If you follow the money pages of any newspaper, you cannot have missed the ‘missing the best days’ story. But what they won’t tell you is that this story is … well… complete and utter nonsense. So, let’s expose it for the grossly misleading rubbish that it is – before you base any of your investment decisions…
We regularly have stormy weather around the UK: Strong winds, flash floods, thunder, lightning and occasionally hailstorms strong enough to set off the alarms on cars. Believe it or not, thunderstorms can teach us a lot about economies, stock-markets and house prices too!
If you’re planning to travel by aeroplane again (at some time in the future!) you’ll be pleased to know that pilots are trained to avoid goal obsession. In this short Insight, I want to explore why you need to avoid goal obsession too – and why you need to be extra ‘wary’ of those around……
If you google ‘How to overcome fear?’ you’ll find c. 250 million results… and that’s quite a lot of stuff to read 😉 What’s interesting though, is that there are three times as many Google results (750 million) on the question of ‘How to avoid fear?’ So, when you get fearful about certain matters, as…
Whatever your interest (or leaning) in politics, and unless you’re very young, you surely can’t have missed Theresa May’s promise of stability and certainty in the run up to the messy 2017 UK election.
Here’s one reason why there’s so much bad investment advice around – even from professionals.
Ask any experienced (and competent) project manager for one word to explain why so many projects fail (which many do)Â and they’ll probably say, ‘Assumptions’.