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...
Are you using your portfolio like a bank account? In this update: Why your portfolio should not be treated like a bank account. Is your Investment Portfolio a Piggy Bank? Think Again! It's a scenario many of us dream of - checking your investment portfolio and seeing a...
Don't Fear the Peak: Why All-Time Highs are Just Stepping Stones for your Investments In this update: Don’t fear market highs. The headlines often shout about "all-time highs" in the stock market, and for some investors, this can trigger a sense of unease. Is it too late...
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: Financial Clarity in a Sea of Misinformation In today's digital age, information flows freely – a double-edged sword that offers unprecedented access to knowledge while simultaneously drowning us in a sea of misinformation. This is particularly true in the realm of personal finance, where...
In this update: Cognitive Biases in Financial Planning and Investing The Role of Independent Financial Advice Cognitive Biases in Financial Planning and Investing Cognitive biases are systematic patterns of deviation from norm or rationality in judgment, which often affect financial planning and investing decisions. These biases can...
In this update: The importance of time when investing. The importance of an emergency fund. Balancing both Why we avoid making economic and market predictions Why Investments aren't ideal for Ad Hoc withdrawals Time and having an emergency fund are crucial aspects of a sound financial...
In this update: The importance of Budgeting - Mapping your financial future. Budgeting is like the GPS for your finances, ensuring that you know where you are, where you want to go, and how to get there. Without a budget, you’re essentially navigating your financial life...
In this update: The cycle of investor emotions The cycle of investor emotions As regular subscribers will know on reading these posts, I have discussed the timing and nature of markets on a regular basis. Markets typically fall into either bull and bear phases. For a definition...
In this update: Market Seasons Financial Behaviour Your Financial Plan Market Seasons As regular subscribers will know from previous posts, the markets go through their seasons. The business cycle goes from expansion, slowdown, recession and recovery. Stock markets move between bear and bull markets. However, we...