Jason Zweig has been a Personal Finance columnist for the Wall Street Journal for the last decade. To be honest, I'm a big fan. Way back in 2013 he wrote an article in the WSJ with the headline above and, while I only recently came upon it, what he wrote is as relevant today as it … Continue reading Saving investors from themselves
I saw this quote on a site which promotes healthy eating and it reminded me of a conversation I had with a client earlier this week about her financial planning. She was a little embarrassed about "how little she has" and intimidated about working with me to get the best financial future we can. When … Continue reading We all have to start this somewhere. But let’s start!
The Financial Planning Standards Board (FPSB) is the global leader in managing, developing and certifying financial planning organisations. The FPSB promotes worldwide professional standards in financial planning and is the custodian of the coveted Certified Financial Planning® distinction and mark. Recently the FPSB, in association with the Canadian Financial Planning Standards Council, commissioned a piece … Continue reading Why life is better with a Certified Financial Planning® professional
There are many people who are interested in taking charge of their finances who just don't know where to start. Normally, deciding that you want to do something about your finances AND FOLLOWING THROUGH on that decision by finding someone to help you is a good start. But it can be intimidating. I know that … Continue reading Sometimes just getting organised is the first step in taking charge of your finances
When it comes to your investment outcomes, what is the one most important thing you need to get right? What is the one thing that if you get it right will give you the best chance of meeting your investment goals over the chosen time periods? What is the thing that I as an adviser … Continue reading In investing: What THE most important thing is to get right?
In investing there is a lot of jargon and in order to understand the recommendations which I will make when I work with you, it is important that you understand what various terms mean. Alpha A risk adjusted measure of the “excess return” provided by an investment compared with a benchmark. Alpha can be positive, … Continue reading Investing for beginners: Assets, asset classes, asset allocation & asset managers
Investors frequently want to know what return they can expect from an investment. This is a normal question and the answer is crucial in managing their expectations. An investor who is placed in a product that fails to meet their expectations is sure to be unhappy and likely to want to switch out of it … Continue reading Average returns are not normal
As a Certified Financial Planner® and member of the Financial Planning Institute of Southern Africa I subscribe to the international Financial Planning Standards Board's 6-step process to financial planning. The second step in this process is to "collect the client's information". We are expected to: identify the client’s personal and financial objectives, needs and priorities that … Continue reading Are you ready to get financially naked?
I would not be an Independent Certified Financial Planner® if I did not believe in what I do and how I have chosen to do it. I am driven to help people and know that my training, knowledge and experience can add immense value to my clients' lives. Allan Gray is an investment management and … Continue reading The role of financial advice in your investment success