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personal risk profile

Inflation within target, but be cautious

Inflation within target, but be cautious

Why does nobody believe the published inflation rate?   I will attempt to answer this question by explaining how inflation is calculated.   The inflation rate refers to the annual average rate of increase in prices represented by a basket

mw@dmin May 10, 2018May 10, 2018 Investor Behaviour, Market behaviour, Personal Finances Read more

One’s risk tolerance = capacity for volatile equity investing – 8 June 2017

One’s risk tolerance = capacity for volatile equity investing – 8 June 2017

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

mw@dmin June 8, 2017July 20, 2017 Investment Risk, Investment Strategies Read more

To meet reality you might have to lower your expectations

To meet reality you might have to lower your expectations

The secret of happiness or rather the reason for unhappiness is the gap between our objective reality and our imagined expectations.  If you imagine yourself flying 1st class, you are not likely to be very happy while sitting in coach. 

mw@dmin January 19, 2017January 19, 2017 Investment Risk, Investment Strategies, Investor Behaviour Read more

Why finding the right financial adviser is essential

Why finding the right financial adviser is essential

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 &

mw@dmin October 6, 2016October 6, 2016 Client Advisor Relationships, Investment Risk, Personal Finances Read more

Is cash still hailed as king or has it become trash

Is cash still hailed as king or has it become trash

With recent volatility on the stock market and interest rates rising I am getting the same old question, “should I not be in cash”?  The bank is offering me 8.6%!? The answer is an unequivocal no.  However I am not

mw@dmin March 24, 2016October 27, 2016 Investment Strategies Read more

Half Chance

Half Chance

Don’t congratulate yourself or berate yourself too much your choices are half chance.  This is one of those great wisdoms of life, which can be applied to every aspect of your daily living including your investment successes and failures. Hindsight

mw@dmin July 10, 2014October 27, 2016 Investment Risk, Investment Strategies Read more

Loss Aversion

Loss Aversion

29/06/2016 This week I want to discuss another behavioural finance error or bias, which affects our investment decision making ability and that, is “Loss Aversion”.  It has been proven that fear of losing money is more intense than the hope

mw@dmin June 29, 2014October 27, 2016 Investor Behaviour Read more

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