In this update: Market corrections - what are they and what should I do about them? When one is invested into the world’s stock markets, a common emotion isn't the anticipation of a forthcoming market crash, rather it’s the fear of one. When headlines turn red, our...
In this update: Your number Financial Independence A concept in financial planning is finding one’s number. This refers to the specific amount of money you need to have saved and invested to achieve financial independence. Financial independence is an income that creates itself, never runs out, and...
Happy New Year! In this month’s post we explore the key tenets of financial planning and its true purpose. In this update: Prioritizing wealth, compounding, essential behaviours. Prioritize Wealth, Not Riches Wealth is What You Don't See: Being rich is often about high income or visible displays...
In this update: Your financial planning journey Patience Your financial planning journey It's important to remember that financial planning is not an event - it's a journey. Your plan must evolve just as your life and experiences evolve, coupled with the impact of external circumstances. More of us...
In this update: Automatic Savings: The Only Way to Guarantee Your Financial Future It's a simple, undeniable truth in financial planning - saving needs to be automatic, or it simply won’t happen. This isn't a motivational catchphrase; it's a foundational principle rooted in human psychology and the...
In this update: Why Delayed Gratification is Your Financial Superpower As a financial adviser, I have countless conversations with clients about their aspirations. Whether it's buying a dream home, funding a child's education, gifting to family, enjoying a comfortable retirement (often including all manner of unplanned expenditure),...
In this update: Navigating the Unknown: Why Market Uncertainty is perfectly normal If you have followed these posts for a while, you’ll have noted I have addressed the fundamental reality that all investors must eventually embrace – that is that uncertainty is not just a temporary...
Welcome to Retirement So, you’ve worked hard and saved £500,000 in your retirement pot! Congratulations, that’s no mean feat! But there’s a problem. We can often identify with the allure of such a large sum of money and can be persuaded to think we have won...
In this update: The Paradox of Investing: Bad Months and Good Years Compounding is hard because a bad month can feel longer than a good decade. Morgan Housel This simple observation captures one of the most challenging psychological aspects of investing - our skewed perception of time during...