Lessons of a Lifetime

I started my career in Banking 2003. Soon after the GFC happened. I helped my clients navigate the GFC, protect their portfolios and be positioned for the future. I learned several life changing lessons that I use to this day to assist my clients to navigate difficult markets environments.

Lesson # 1 - Invest like you don’t know what is going to happen tomorrow.

Always always have a well-diversified portfolio. Avoid planners This is one of the principles I use to build client portfolio’s to ensure diversification across different asset classes including real assets like property, golds and commodities. A well diversified portfolio reduces risk over the long term and increases returns.

Lesson #2. “Markets go up on an escalator but come down in a lift.”

This Is the most important lesson of them all.  It takes a long time for your investment to grow but you can lose half of it overnight. Like what we have seen with this pandemic.

Lesson #3. “You don’t drive looking at the rear view mirror”.

Crisis’s like the GFC or Covid-19 can shape how clients and advisers view and invest for the future.

As an adviser, you need to have a well-informed view of history and a strategic approach to the  future. In others words, you need to know when to step on the brakes and when to change gear and pump the gas.