In this (quite ‘chunky’) Insight, we’ll explore the RISKS of relying on advice from millionaires. Estimated reading time 5 to 20 minutes – depending on your reading speed
You may have heard some experts say that . . . the banking crisis (of 2008-09) was the last in a generation Indeed, I’ve heard one financial adviser /educator use exactly that phrase as part of his ‘investment training’ series. So I’d suggest that you don’t take that bit of his course too seriously!
Hey guys, I’ve been updating this warning note for many months now. If you’ve not seen it before – please read it carefully before you talk to your usual financial adviser. And please be especially wary of financial advisers / wealth managers (or bloggers) who tell you to ‘relax’ and ignore the markets. That sort…
Here’s one reason why there’s so much bad investment advice around – even from professionals.
This is my second Insight on how to approach your financial planning. Here, in this quite chunky post – I’ve outlined ALL 10 of the big financial ‘areas’ of your life – that you may need to address. You might want to check which of these need your immediate attention.
Working inside the Financial Services industry for 25 years (and observing it from the outside for another five) I guess I’ve seen most of what goes on there. I know what good (and fair priced) financial products – and financial advisers – look like. And some of those financial advisers are really good at their job….
This updated extract about investment risk is from my first book, ‘Who can you trust about money?’ (2013) It also appeared in Investor’s Chronicle in 2014. See here Since that time, a lot of stock markets around the world have climbed to historical highs (on a valuation basis) so it’s right to revisit the issue…
“Don’t worry be happy” is a cheery little song. But for goodness sake, let’s not confuse it – as some ‘market fanatic’ investment promoters do – with being great investment advice. That, it is not.
It really is unthinkable isn’t it? What serious professional would charge you – according to your wealth?
If you’re travelling anywhere by airplane in the near future, you might be pleased to know that Aviation pilots are trained to avoid ‘goal obsession’ Here’s why you need to avoid it too – and why you need to be extra ‘wary’ of those around you who don’t.