The Seven Faces of Valued Advice
What is the value of great advice?
For advisers who have perceived their value to clients as the ability to deliver positive returns year after year or be accurate forecasters of markets, they will be finding it hard to enunciate their value proposition in this complex age we live in.
How do you break a bad investment habit?
Often these behaviours are the result of conditioned responses. We can have both good and bad investment habits. The key takeaway is understanding how they are created.
In his excellent book, The Power of Habit, Charles Duhigg explains why we continue to do self-destructive things. According to Duhigg, there are three components to forming a habit: cue, routine and reward.
What’s Stopping You?
Nick Bennett & Rowena Hardy, Partners of Minds Aligned have provided this thought-provoking article. Nick and Rowena are not only long term valued clients of Alman Partners but great friends also. Look up their business at https://www.mindsaligned.com.au/
Letting go of what you cannot Control
In many areas of life, intense activity and constant monitoring of results represent the path to success. In investment, that approach gets turned on its head.
The Top 10 Money Excuses
People who make bad money decisions can often rationalise them. Here are 10 common excuses.