In a popular children’s story, the young hero pins all his hopes on finding one of a handful of ‘golden tickets’ hidden among millions of candy bars. It seems many people approach investing the same way and history has shown its not sustainable.
Archives for February 2018
Soaring private education costs require a financial plan
There are many potential uncertainties when it comes to private education. Parents will typically spend hours discussing whether this is the right option for their children and, if so, which schools to consider. One thing that is not uncertain, however, are the significant private school fees payable, so it pays for parents to have a clear strategy in place to fund these costs while pursuing other vitally important financial goals.
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Retiring from small business
Selling a small business can be a challenging, complicated and uncertain time. So too can retiring. Combine the two and you have a situation where early planning and advice is critical.
Reading the tea leaves
Investors at the start of a new year are inclined to reflect on the 12 months gone and muse on what the coming year might bring. Aware of this appetite for speculation, the media tends to feed it with forecasts. Sure, media commentary and speculation about what happens next can be interesting and thought-provoking as a world citizen but that doesn’t necessarily mean you should act on them as an investor.