Financial Advisor
I like to use the analogy of a pilot and co-pilot to describe the role / relationship between a financial adviser and the client. I have always considered the client to be the captain and the financial adviser the co-pilot
If you do not want to erode capital in retirement your investment return must provide for both income and costs after inflation. If you’re drawing 5% income and the underlying costs are 2.5% then your investment needs to earn 7.5%
Risk is one of, if not the most misunderstood concept when it comes to proper investing. I hope to remove some of the confusion around the concept of risk by firstly covering the various terms used to describe risk and
At the risk of committing career suicide I would like to admit the following. I have no idea the affect Trump will have on our share market over the next few months…..I can hear the response “What! You don’t know.
The doldrums are noted for calm periods around the equator when the winds disappear, trapping sail-powered boats for periods of days or even weeks. There are many stories told of sailors going completely crazy while desperately hoping for wind and
The problem with having written this column for 15 years is that you eventually start sounding like a broken record, for millennial readers that is those vinyl black things in a cardboard box in the garage. The thing about successful
As investors we hate ambiguity, we want certainty, which is why we dislike the idea of randomness. We want our advisors / managers to know exactly what is going on. Financial experts must speak confidently and explain what is driving
What does your financial adviser do for you? According to Daniel Kahneman Nobel prize winner and author of “Thinking, Fast and Slow”, financial advisers are responsible for: “The anticipation, diagnosis, and the management of client discomfort and regret.” Kahneman &
The title of this week’s article sounds more like a tropical storm warning than a warning to investors, which may be appropriate given that TINA can be just as devastating on your wealth as a category five hurricane when making
I found myself on the opposite side of the desk last week requiring medical advice for a minor surgical procedure. The doctor discussed the procedure with me detailing exactly what was required and a week later I was booked into