And so another year draws to a close. And not such a bad year for investors either. Global markets have moved onwards and upwards even in spite of the many issues visited on us poor investors by various Governments around the place! Thankfully the semblance of a trade deal has been finalised between the US […]
If you take a deep dive, and I do mean a deep dive, into the terms and conditions of the many Robo advice providers like Raiz (Acorns) you may well see mentioned the name, Harry Markowitz or at least his ‘magnum opus’ The Modern Theory of Portfolio Diversification (Portfolio Selection: Efficient Diversification, 1959) Mr Markowitz […]
“Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.” Warren Buffett Speak to any financial adviser and they will be quick to espouse the investment strategy of ‘time in the market’ always beating ‘timing the market’. In fact, I would […]
The last Q & A post I compiled and published from my Quora page has proved pretty popular. So for better or worse, here’s part two.
As an adviser, I was often introduced to what seemed like an endless array of client investment proclivities. I lost count of the various agricultural, real estate and share investment schemes that were “run past me” over the years. There was even one that required purchasing unhatched ostrich eggs ready for incubation! And, as was […]
Everybody has their opinions on all manner of topics and investors are certainly no exception. For as long as there have been people investing, there’s also been plenty of debate about what is the best investment? And like all the big questions in life, such debate is as treacherous a minefield as one could possibly […]
Back during my adviser days, I was often asked: “can you show us how to save money?” Now on the surface, the question (and its many variants) appeared quite the simple problem for trained money professional like me. But in fact, their question was actually asking me to produce what was tantamount to the ‘holy […]
Compound interest, or as Albert Einstein reputedly referred to it as “the eighth wonder of the world.” has been hijacked. Yep, you read it right, highjacked! It appears the world of financial marketers and a bunch of charlatans and hucksters have taken this humble formula and are portraying it as some sort of ‘Holy Grail’ […]