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
If your adviser uses the term efficient frontier when talking to you about your investments – you need to read this.
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…
So yes, this is the CAPE of good hope. And I was lucky enough to get down there in 2016 to visit my son who was completing his medical studies in Cape Town Hospital. If you get the chance, do visit Cape Town. It’s an amazing place with wonderful wines and scenery. And their currency has…
If you know the answers to all of these money questions, you already know quite a lot about financial planning. So, how many can you answer – off the top of your head?
When an ‘expert’ tells you what investment return to ‘expect’ for the future just remember this one certainty…
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…
Hey, have you heard about my cappuccino savings idea? No, well how would you like to, build a fund of £50,000 (or more) for the price of a coffee each day?
So, can you really trust the markets? This is one of the most important questions for investors. So, it’s worth taking some time to explore.