2303, 2020

It was just an old watch…

By |March 23rd, 2020|Financial Planning, Retirement, Uncategorized, Wealth Advisory|

 

I want to tell you a story about a watch. Many years ago my mother passed away unexpectedly. Dad had died a few years prior and so in my late 30’s I found myself without […]

603, 2020

Core Principles Series – Principle #10 – Fact based on an observation of one is not meaningful…

By |March 6th, 2020|Financial Planning, Retirement, Uncategorized, Wealth Advisory|

Core Principles Series – Principle #10 – Fact based on an observation of one is not meaningful…

 

There is a fascinating discipline in the world of marketing and decision science called ‘Choice Architecture’. This discipline affects […]

1102, 2020

Core Principles Series #9 – Whose money is it?

By |February 11th, 2020|Financial Planning, Retirement, Wealth Advisory|

Core Principles Series #9 – Whose money is it?

 

In the world of investment, there are three types or categories of investments. Those are: 1) loans, 2) assets, and 3) products. There are lots of different […]

3001, 2020

Core Principles Series #8 – The Endowment Mindset

By |January 30th, 2020|Financial Planning, Investment Class, Retirement, Wealth Advisory|

Core Principles Series #8 – The Endowment Mindset

Nearly all large charitable or educational institutions in the US and Canada have large scale endowments. An endowment is a pool of investment resources that have generally been […]

2801, 2020

Core Principle Series – Principle #7- ‘Fail to plan – Plan to fail’

By |January 28th, 2020|Financial Planning, Investment Class, Retirement, Wealth Advisory|

Core Principle Series – Principle #7
‘Fail to plan – Plan to fail’

This principle is crucial for your own protection. If you read through the three scenarios that I posted earlier, you will have noted that […]

2801, 2020

Core Principles Series – Principle #6 – “The balance of risk and reward”

By |January 28th, 2020|Financial Planning, Investment Class, Retirement, Wealth Advisory|

Core Principles Series – Principle #6
“The balance of risk and reward”

In any investment there is risk. A person might argue that “well that isn’t true for an envelope of cash that I have at home” […]

2801, 2020

Core Principle Series – Principle #5 – “Buy low and sell high”

By |January 28th, 2020|Financial Planning, Investment Class, Retirement, Wealth Advisory|

Core Principle Series – Principle #5
“Buy low and sell high”

This principle is one of the most commonly quoted phrases whenever a person is asked how they can do well with investments but it is clear […]

2801, 2020

Core Principles Series – Principle #4 – “Follow the money”

By |January 28th, 2020|Financial Planning, Investment Class, Retirement, Wealth Advisory|

Core Principles Series – Principle #4
“Follow the money”

Principle number 4 is all about separating emotion and hype from reality. Individual motivations reveal a great deal about who a person is and why they do what […]

2801, 2020

Core Principles Series – Principle #3 – Urgent and only available today = wrong.

By |January 28th, 2020|Financial Planning, Investment Class, Retirement, Wealth Advisory|

Core Principles Series – Principle #3
Urgent and only available today = wrong.

We live in a world with a 24 hour news cycle and instant on demand access to nearly everything. With that kind of access, […]

2701, 2020

Core Principles Series – Principle #2 – If it sounds too good to be true, it probably is…

By |January 27th, 2020|Financial Planning, Investment Class, Retirement, Wealth Advisory|

Core Principles Series – Principle #2
If it sounds too good to be true, it probably is…

We all like a great deal and there is something a little twistedly pleasing to feel like you got a […]