It’s no secret.
There is a huge trust deficit in my profession.
And with good reason.
Historically, ‘financial genocide’ against expatriates had been commonplace…
This baggage results in a question I hear time and time again.
“Can I trust my financial adviser”?
£10 million is a lot of money.
For most, it seems impossible to accrue.
But it can be done…
With discipline and a plan of action.
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.
As expats, we’re often torn between renting and owning.
Everything from cars to property.
Today, let’s talk cars.