Category: More Personal Time

How’s Your Balance?

You wouldn’t expect a business to run without the CEO keeping a close eye on the numbers.  Having good and regular oversight on the company’s financials is essential.  After all, good decisions require good information. Is it any different for people when it comes to household finances? No. Well, it shouldn’t be. So just as […]

Great financial planning finally has a value: 23 per cent more in retirement

Financial planners are familiar with alpha and beta as drivers of long-term investment portfolio returns; but now there’s a third letter to add to the lexicon – gamma – and according to Morningstar, it’s the value created that can be directly attributed to sound financial planning. Portfolios optimised using five techniques identified by David Blanchett, […]

Future Testing

Much financial news purports to be about the future but is really just an account of the past. As a result, many investors project what has already happened onto an imagined future. There’s another way of framing this problem. It’s understandable that investors, with the help of a necessarily short-term-focused media, will tend to focus […]

Long-Term Thinking: 1800-2013

Long-Term Thinking died on Tuesday. His last true friend, Vanguard founder Jack Bogle, was at his side. He was 213 years old. Long-Term Thinking lived an illustrious life since the start of the Industrial Revolution, when for the first time, people could think about more than their next meal. But poor incentives and the rise […]