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
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.
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 &
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
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
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