Science has changed every aspect of our lives...
Including how we communicate, travel, shop and even invest.
And the technology keeps improving.
In the financial world, those who don't keep up, often fall behind.
And sell their clients short.
If you follow me on social media or keep up with my blogs...
You'll know I often talk about the dangers of structured products.
My stance frequently riles up investors and financial advisers who "firmly believe" in their benefits.
But these people are wrong.
The risks that come with structured products far outweigh their benefits.
Let me explain...
We all know there's a lot of uncertainty in the world.
Events like Brexit and the US-China trade war have affected economies and markets which, in turn, have created panicked investors.
Almost daily, we're asked the same questions.
In case, you have similar concerns of your own...
Here are the answers to help put your mind at ease.
Expats are saving less this year.
According to a recent survey...
49% of expats in the UAE save 5% or less of their salaries.
Only 16% have set retirement planning as a financial priority.
This is not unique to the UAE only.
Expats around the world are finding that despite higher salaries...
It's becoming harder to put their hard-earned money away.
Brexit has everyone in a tailspin.
UK nationals living in other countries feel especially vulnerable.
The uncertainty regarding their futures…
Not to mention UK pensions and investments…
Hangs heavy over them.
A few years ago, a U.S. Admiral delivered one of the most inspiring speeches of the decade.
He shared the important lessons he learned in the navy and one which he believed is most important...
Making your bed.
His message spread like wildfire and it's something that still resonates with me today...
[Estimated time to read: 4 minutes]
Did you know...
If you fold a piece of paper 103 times it will be as thick as the entire universe?
Think about that for a second.
It's incomprehensible, isn't it?
Exponential growth is like a supernatural force.
And it can do more for your money than you'll ever be able to on your own...
On a recent flight back to Dubai, I got talking to an oil and gas professional named Neil.
After discovering I was in financial services, he was all too eager to share his own experiences with his 'adviser'.
They often met up for a round of golf.
In fact, his 'adviser' became part of his close circle of friends.
During the conversation, I kept biting my tongue.
After years of hearing them...
I knew how stories like these inevitably ended.