Unfortunately, much of what passes for financial advice today, amounts to little more than a box-ticking exercise.
For many of the bigger institutional advisor groups, the process goes something like this:
• Fill out a risk profiling questionnaire, and go into a risk profile box. Tick
• The advisor has pre-set boxes, with investments that match each risk profile. Tick.
• Put the investor into the investment box that matches the risk profile. Tick. Job done. Next please.
Needless to say, this approach often leads to inferior results. Advisor involvement is low, and the theoretical models used to construct the portfolios are often suited to times that are vastly different from today.
For people either approaching retirement, or already retired, the implications are especially important.
THAT IS WHY WE RESEARCHED AND WROTE THE PAPER “INVESTMENT WAVES AND HOW TO RIDE THEM”
If you would like a copy, call us on (08)93227818.
