Have you lost your confidence in your investment capabilities because of a recent investment loss? Why does that fear after a loss cause you sleepless nights and possibly to forego new opportunities and lose sight of your long-term goals? This video, from Franklin Templeton Investments, which explains the concept of “loss aversion” might help you.
As an SMSF Coach to Trustees of Self Managed Superannuation Funds and anyone who manages a portfolio of investments I help people focus on the big picture and put both the wins and the losses in to the proper perspective. I truly believe that if you understand your investments clearly and also understand the market dynamics and movements that resulted in a share, property or managed fund having done so well or so poorly then you are less likely to have a knee-jerk reaction and to make a better informed decision on your next move.
Are you looking for an advisor that will keep you up to date and provide guidance and tips like in this blog? then why now contact me at our Castle Hill or Windsor office in Northwest Sydney to arrange a one on one consultation. Just click the Schedule Now button up on the left to find the appointment options.
Liam Shorte B.Bus SSA™ AFP
Financial Planner & SMSF Specialist Advisor™
Tel: 02 98941844, Mobile: 0413 936 299
PO Box 6002 BHBC, Baulkham Hills NSW 2153
5/15 Terminus St. Castle Hill NSW 2154
Corporate Authorised Representative of Viridian Select Pty Ltd ABN 41 621 447 345, AFSL 51572
This information has been prepared without taking account of your objectives, financial situation or needs. Because of this you should, before acting on this information, consider its appropriateness, having regard to your objectives, financial situation and needs. This website provides an overview or summary only and it should not be considered a comprehensive statement on any matter or relied upon as such.
