by Town Close Financial Planning | Apr 17, 2024 | financial planning, General News, Investment News
The investment world spends much time poring over data in an attempt to predict future investment returns. But, as we know, the future is entirely unpredictable – there are no facts about it. However human nature is quite persistent, how we react as group – “the... by Town Close Financial Planning | Apr 16, 2024 | General News
Charlie Munger said: ““It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.” Straight from the mouth of one of the most successful investors of all time. Avoid being... by Town Close Financial Planning | Apr 13, 2024 | financial planning
It’s the age old conundrum of cost vs value vs “risk”. In any and every field “risk” means avoiding a bad outcome. It is to the detriment of all that “risk” is so tightly associated to the ups and downs of investments In many areas it is obvious you... by Town Close Financial Planning | Apr 12, 2024 | General News
08/04/24 Hope The incumbent offers the truth. Everyone else offers hope – the hope that the truth might become better elsewhere. As investors we hope the truth continues, the record to date certainly supports that hope. And that’s safer than hoping... by Town Close Financial Planning | Apr 9, 2024 | General News
In today’s world the ability to be your own boss – to set up a company, banking, all the infrastructure – has never been easier. When my children ask what I think they should do I will always reply: “Be an entrepreneur. Do what it takes to be captain of your own ship...