To Try Or To Buy, What Will Make You Happier?
Many of us are motivated by money and material gains, at least to some degree. We all need money to fund our basic necessities, but once our basic needs are met there is much research to suggest more money and... Read More →
Coronavirus and the markets. No need to panic.
We want to take a moment here and update you on our thoughts related to the coronavirus and its impact on the financial markets, on your personal financial situation and ultimately why your long-term plan should remain unchanged. Going into... Read More →
Setting New Financial Goals That Stick
With each new year comes the tendency to reflect on the previous 12 months and set big ambitious goals for the next year. Whilst our goals should absolutely be ambitious enough so that they motivate us. If they lack direction... Read More →
5 things to consider before diving into the next big thing
We are frequently made aware of the new hot investment or the next big thing. It can be easy to be to be drawn into this whether in fear of missing out, or the desire to get rich quick. However,... Read More →
Trump, Brexit, Noise, Noise. How Should We React?
Political news can undoubtedly have short term impacts on stock market prices, but how we react, or do not react, to such events can be a big determinant of investor success. Making investment decisions based on your own political views,... Read More →
5 Reasons Timing The Market Doesn’t Work
When reading or hearing all the noise in the media around the levels of the stock market it can be very tempting to try and guess when is the right time to dip in or dip out. But evidence shows... Read More →
Planning for the future? – Work with a Financial Planner who uses Lifetime Cashflow Modelling
A good financial plan will show us how the choices we make today will impact our lives in the future. “Life is about making plans from which you deviate, almost always. If you are lucky, you do come up with a plan” (Kenneth Branagh). The plan is what we at Pyrmont Wealth Management are here to help you with.
A better way to invest? Consider these 10 Simple Guidelines
I cannot deny that some people have been lucky and have had success from making the right bets at the right time. Of course, the process of doing that and it working out can be exciting. But is it a sustainable strategy? Is it possible to do it consistently? Is there a better way?