Investment Tip for 2017

2017’s global economic outlook is, as we can all see, filled with uncertain events. A few of them are: President Trump abandoning the Trans-Pacific Partnership, the broadly anticipated rate hike by the Fed and Britain’s withdrawal plans from the European Union. In times like this, it is only human to feel anxiety and fear. But…

A Trump Presidency: Stay True to This Old Adage

American voters have chosen to bring big change to the White House. But resist doing the same with your long-term investments, they will be fine. Many investors worldwide began to sell late Tuesday (November 8th U.S. time) as Donald Trump looked set to win the presidency. Stock markets tanked from Asia to Europe, and a similarly…

2 Investing Biases that Hurt Your Retirement Savings

Being aware of our behavioural biases could mean a significant increase in retirement savings. There are two common biases that can affect how we save for retirement: 1. Present bias – the tendency to put more value in current or short-term decisions than the future 2. Exponential-growth bias (EGB) – the tendency to underestimate and neglect the…

Brexit: What Should I Do with My Portfolio?

Since the UK voted to leave the European Union on 23 June, global markets and currencies have reacted negatively to the uncertainty, with a significant falls across all major equity markets. The British pound fell to a three-decade low against the US dollar – its biggest one-day fall on record. Markets are likely to remain…

3 Obvious Ways to Build Wealth

You don’t have to be a rocket scientist to build wealth. The wealthy understand that while being smart can certainly help you earn money, that doesn’t necessarily mean you’ll build wealth with your earnings. Likewise, being famous doesn’t necessarily mean you’ll be able to build wealth. Sure, it can help, but there are countless stories of those…