Keeping up with advances in technology can sometimes feel a daunting task. The speed with which the digital world has evolved in the past 20 years alone is staggering. Technology has become integral to our lives in so many ways and new advances are something that as a society we are asked to readily embrace on almost a monthly basis. ..
In my previous blogs, I walked through my portfolio history to give a feel for how I decide my allocations. I hope also that you will get out of this is a feeling for my cognitive biases and people’s generally. I have a number of observations to make about good and bad habits, some learnt from others, some from my own bad experience. For any of you who have read about behavioural finance some of this will be very familiar. ..
Blockchain is the big buzzword in financial services at the moment. You may have been to a number of blockchain conferences, forums and seminars where you've found yourself surrounded by slightly bemused bankers, lawyers and other professionals who are all excited to be part of this next great innovation in FinTech. But it seems few, if any, of the attendees arrive or leave knowing what blockchain actually is, what applications it will have, or when. ..
Claim it back through training!
It has been over two years since the UK government announced it would introduce the Apprenticeship Levy, and as of April 2017 it has now come into effect. If you are a business with a wage bill of over £3m per annum (including bonuses and pension contributions), then you will now be paying into a central pot that is to be invested in apprenticeship schemes. ..
The success of any business is based on the performance of its people. Capital City Training and Consulting (CCTC) is delighted to be able to offer Insights Discovery profiling. Insights provides people development programmes that help companies all over the world get the very best from their people. CCTC help people to perform at their highest level by improving their understanding of themselves. People can then easily adapt and connect with others, which leads to workplaces where innovation, creativity and productivity thrive. ..
Last time I blogged I talked about my top down approach to asset allocation and how I used the Salty Dog data www.saltydoginvestor.com. What should your investment horizon be? The Salty approach seems to promote churning. Buy when performing, sell when not, then reinvest. I would like to emphasise that I don’t “actively trade”, I am a long-term investor. My approach is aimed at being low cost and low maintenance: I don’t churn my portfolio a lot, that increases costs and I don’t want to be active on even a monthly basis, I’m too busy and unless there is a major world event, my view isn’t going to change that quickly. That makes me a longer horizon investor. Some assets I own I bought in 2012 and 2013. ..
I have been managing my own money for over 15 years: in 2000, I gave up the safety of a bank salary and non-contributory pension to lead a management buyout. I found myself with a couple of legacy final salary entitlements and a small pension pot in “Zombie” fund manager, Phoenix Group. My pension manager like many at the time had given up the ghost, but rather than throw out its legacy customers, they sold out to Phoenix. I was able to choose from a range of funds managed by the company, but they all had titles like “balanced managed” and I wasn’t happy with that. I wanted more flexibility so I transferred into a SIPP I’d opened up with Hargreaves Lansdown. The game was afoot! ..