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 | Feb 24, 2023 | financial planning
You fear longevity too little and volatility too much. You will be in retirement more than 10-15 years, here is why: It is true that the average life expectancy in the UK is about 80 years. But the average is of little relevance to you. You are not a hard... 
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...