by Town Close Financial Planning | Apr 18, 2023 | Investment News
The TCFP investment committee met yesterday to discuss the current economic, political and investment environment. As a result the TCFP Model Portfolio will remain unchanged. Here are brief notes of our discussion: Politics It is rather as you were, there is... 
by Town Close Financial Planning | Apr 1, 2023 | Investment News
Investment volatility on its own is benign. It needs you to react to it to turn it into a dangerous wealth destroying monster. It’s you that makes the difference. This is why there is such a huge disparity between investment return and investor return. See here:... 
by Town Close Financial Planning | Mar 13, 2023 | Investment News
We had an ad hoc Investment Committee Meeting today to discuss the collapse of SVB last week. Here are our notes…. SVB was an interesting bank given that all its depositors looked similar as they were invariably involved in tech. This is different to a high... 
by Town Close Financial Planning | Feb 21, 2023 | General News, Investment News
“Bernie The Wizard” is not my attempt at a children’s story. “MADOFF: The Monster of Wall Street” is now on Netflix and well worth watching. I enjoyed it so much I bought the book “Bernie Madoff: The Wizard Of Lies” by Diana Henriques who features in mini-series. The... 
by Town Close Financial Planning | Jan 29, 2023 | financial planning, Investment News
We have an innate ability to make daft financial decisions. As Nick Murray states “Human nature is a failed investor”. And, on Radio 4 recently Steven Pinker opined: “People are more likely to regularly invest in a lottery ticket, where you’re almost guaranteed... 
by Town Close Financial Planning | Jan 22, 2023 | Investment News
Investment returns were not good in 2022. As THIS ARTICLE from Ben Carlson suggests there were several culprits for the malaise. But could a major reason have been overlooked? Could it be that that investment prices fell because they had gone up too much in the...