In this extract from Chapter 1 of my book, ‘Who misleads YOU about money?’ we’ll learn how we’re tricked into spending all our money today. This matters because the result is our failure to save for our big, long term financial life goals – for ourselves and our loved ones.
Is it ALWAYS a good time to invest? Well, some advisers will tell you it is… Like Ron the Rhino here in this cartoon strip.
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
Here’s one reason why there’s so much bad investment advice around – even from professionals.
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…
Watch the video above to learn why you can’t rely on the newspapers for guidance about money And, of course, it’s not just the newspapers who will mislead you around money
What can you change? I just love this advice on the things we can and cannot change.
I came to the conclusion, many years ago, that we should listen harder to quiet folk. And here I’d like to explain why.
If you google ‘How to overcome fear?’ you’ll find c. 30 million results ! And that’s a lot of stuff to read 😉 But what’s interesting is that there are twice as many ‘Google results’ – yes c.60 million – on the question of ‘How to avoid fear?’ So, when you get fearful about certain matters…
I guess we all use advisers or coaches for help – from time to time – in different areas of our lives. But how do you choose a good one?