Many investors yearn for face-to-face advice.
Personalised service from someone they can ‘trust’.
Evolution makes us this way.
But it also makes us bad investors.
Here’s why face-to-face advice may be the most expensive mistake you ever make…
My grandmother trusted a stockbroker in a pin-striped suit.
My parents, a ‘charismatic IFA’ who’d visit their house or meet my father at his office or golf club.
Neither of these methods worked.
Overseas; financial train wrecks, car crashes and minefields abound.
In the jungle of banks, brokerages, insurance companies and advisers – is there anyone out there you can trust to care about YOU?
One late spring afternoon, this question arrived by LinkedIn message.
It joined the deluge of others.
From expats with ambitious dreams for the future who were similarly frustrated.
If not, fed up.
The truth is, a little knowledge is power.
It’s not hard to get much better results if you know how.
Most fields outside of academia are a balance of science and art.
It’s human and emotional.
Yet based on data, years of research and evidence.
A few days ago, I posted about active, passive and Dimensional funds.
Dimensional Fund Advisors (DFA) are known for being “the world’s largest fund company you have probably never heard of”…
Insiders know them for their Nobel prize-winning research and evidence-based approach to maximising expected returns.
One follower asked, “Why can Dimensional funds only be accessed through a financial adviser?”
The answer deserves a blog of its own.
This morning, a ‘precious metals' conference was promoted on the radio.
Lots of ‘experts’ making wild predictions.
I’m tired of the media portraying gold as a good investment.
The evidence clearly proves otherwise.
I love an analogy.
Especially one which relates to finance.
I recently read a great one which explains volatility.
If that’s a part of investing you find discomforting…
Perhaps this will help.
(Hat tip to Ric Edelman, head of America’s largest independent investment adviser).
I’m testing some Facebook ads right now.
The image shows me on a tank.
"What does the military have to do with investing?".
Quite a lot, actually.
Here are 4 ways they're connected.